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Northfield

Why you'd want to live in Northfield

Living in Northfield, Minnesota is appealing for those who want a strong sense of character, learning, and community wrapped into a picturesque river town setting. Home to both Carleton College and St. Olaf College, Northfield benefits from an intellectually vibrant atmosphere that supports arts, music, lectures, and cultural events well beyond what most cities of its size offer. The town’s historic downtown along the Cannon River is filled with locally owned shops, cafés, and restaurants, creating a walkable environment that feels lively yet personal. Residents enjoy access to scenic trails, parks, and river activities that make the outdoors an easy part of everyday life, while the city’s schools and civic engagement reflect a deep investment in education and community involvement. With its location less than an hour from the Twin Cities, Northfield provides convenient access to metropolitan career opportunities and amenities while preserving the charm, pace, and identity of a close-knit southern Minnesota community.

Northfield Market Report

$560,845

AVERAGE PRICE OF 140 HOMES

$2,557,300

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$517,463

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$537,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$394,709

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $560,845
Avg Bedrooms 2.53 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $299,900
2 bedrooms $374,299
3 bedrooms $541,372
4 bedrooms $701,033
5 bedrooms $602,200
Northfield Home Price Trends
  8/2026 7/2026 6/2026 5/2026 4/2026
Total Listings 137 133 n/a n/a 113
Average Price $566,916 $565,721 n/a n/a $564,821
Avg Price Change +0.21% n/a n/a n/a +12.51%
Median Price $421,119 $415,744 n/a n/a $428,846
Med Price Change +1.29% n/a n/a n/a +2.11%
Avg Bedrooms 2.48 beds 2.44 beds n/a n/a 2.48 beds
Avg Bathrooms 1.96 baths 1.97 baths n/a n/a 2.03 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 140 $560,845 133 days
Multi-Million Dollar Homes 10 $2,557,300 129 days
Newly Built Homes 14 $517,463 289 days
Homes with a Pool 2 $537,500 31 days
Reduced Price Homes 9 $394,709 47 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of September 13, 2026 6 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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