House Prices

House Prices & Home Values Northfield, MN 2026


Average Data

average house price$275,127
average size per house1756 ft²
average price per ft²157 $ / ft²

01/24/2026 - The value range (VR) for house prices in Northfield, MN is $123/ sqft to $143/ sqft. An average home with 1756 sqft costs approximately $215,988 to $251,108. Northfield, MN includes 1 ZIP codes and it is located in Rice county. The lowest prices are found in ZIP 55057, while the highest are in ZIP 55057. The average price per sqare feet is $157. Our analysis is based on 91 property listings.

Avergage prices by ZIP codes Northfield

55057121 $ / ft²


House prices by neighborhoods in Northfield

Carleton College126 $ / ft²
Downtown Northfield150 $ / ft²
East Side126 $ / ft²
East Side Historic District136 $ / ft²
Greenvale Park122 $ / ft²
Hills of Spring Creek150 $ / ft²
Northfield Historic District145 $ / ft²
Parmeadow150 $ / ft²
Southbridge127 $ / ft²
St. Olaf College121 $ / ft²
Viking Terrace123 $ / ft²
West Side126 $ / ft²




Historical development of home values in Northfield

Year Estimated value (USD) Change vs. 2025
2010 $127,774 -53.6%
2011 $122,833 -55.4%
2012 $122,502 -55.5%
2013 $127,081 -53.8%
2014 $133,400 -51.5%
2015 $140,247 -49.0%
2016 $147,566 -46.4%
2017 $155,530 -43.5%
2018 $164,129 -40.3%
2019 $171,739 -37.6%
2020 $180,617 -34.4%
2021 $205,433 -25.3%
2022 $239,489 -13.0%
2023 $252,552 -8.2%
2024 $267,162 -2.9%
2025 $275,127 0.0%

Graph: estimated home values in Northfield over time (USD)



Example: 100% financing house in Northfield

Loan amount: $275,127

Interest rate: 6.00%

Fixed monthly payment: $1,649.53

Breakdown in the 1st month:
Interest portion: $1,375.64  –  Principal portion: $273.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,415.71 $3,378.59 $271,748.41
2 $16,207.33 $3,586.98 $268,161.43
3 $15,986.09 $3,808.21 $264,353.22
4 $15,751.21 $4,043.09 $260,310.12
5 $15,501.84 $4,292.46 $256,017.66
6 $15,237.09 $4,557.21 $251,460.45
7 $14,956.01 $4,838.29 $246,622.15
8 $14,657.60 $5,136.71 $241,485.44
9 $14,340.78 $5,453.53 $236,031.92
10 $14,004.41 $5,789.89 $230,242.02
11 $13,647.31 $6,147.00 $224,095.03
12 $13,268.17 $6,526.13 $217,568.89
13 $12,865.65 $6,928.65 $210,640.24
14 $12,438.31 $7,355.99 $203,284.25
15 $11,984.61 $7,809.70 $195,474.55
16 $11,502.92 $8,291.38 $187,183.17
17 $10,991.53 $8,802.77 $178,380.40
18 $10,448.59 $9,345.71 $169,034.69
19 $9,872.17 $9,922.13 $159,112.56
20 $9,260.20 $10,534.11 $148,578.45
21 $8,610.47 $11,183.83 $137,394.62
22 $7,920.68 $11,873.62 $125,520.99
23 $7,188.34 $12,605.96 $112,915.03
24 $6,410.83 $13,383.47 $99,531.56
25 $5,585.37 $14,208.93 $85,322.62
26 $4,708.99 $15,085.31 $70,237.31
27 $3,778.57 $16,015.74 $54,221.58
28 $2,790.75 $17,003.56 $37,218.02
29 $1,742.01 $18,052.30 $19,165.72
30 $628.58 $19,165.72 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Northfield, MN


1500 sqft3900 sqft
Ø selling price$284,956$606,177
Ø fast selling$259,051$545,560
Ø high price sale$310,860$666,795

In 2026, houses in Northfield, MN will be offered at an average price of $157 per square foot. A 1,500 sqft home priced at $284,956 is 21.87% more expensive per square foot than a 3,900 sqft home priced at $606,177. Home prices in Northfield, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $419,662. Sellers who can wait longer may achieve a higher price of up to $512,920.

FAQ – Home Values in Northfield

What is the median home value in Northfield in 2026?

In 2026, the typical home value in Northfield is about $275,127 for an average home size of 1756 square feet. This corresponds to an average price of roughly $157 per square foot.

What is the average cost per square foot in Northfield?

In 2026, homes in Northfield sell for an average of around $157 per square foot, with a typical range between $123 and $143 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Northfield is about 1756 square feet, with an estimated 2026 value around $275,127.



Locations close to Northfield, MN

Owatonna, MN98 $ / ft²
Pine City, MN149 $ / ft²
Randolph, MN292 $ / ft²
North Branch, MN206 $ / ft²
Newport, MN204 $ / ft²
Nerstrand, MN84 $ / ft²
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