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Featured local agent — Northfield, IL
Sarah Mitchell
Compass Real Estate · Northfield, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Northfield, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$735,000median sale price
How is the Northfield, IL housing market right now?
The median home sale price in Northfield, IL is $735,000, down 3.6% year-over-year. Homes sell in an average of 36 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Northfield a buyer's or seller's market?
Northfield, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
36
Average pace
Active listings
21
3.0 months supply
Sale-to-list
99.0%
Below asking
What does the Northfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $735,000 |
| Median list price | $1.67M |
| Year-over-year price change | -3.6% |
| Average days on market | 36 days |
| Active inventory | 21 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $435/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 15 |
| Listings with a price cut | 4.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Northfield by property type?
How the Northfield, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.36M | $461/sq ft | 5 | 36 days |
| Condo / Co-op | $336,750 | $253/sq ft | 2 | 35 days |
| Townhouse | $700,000 | $251/sq ft | 1 | 35 days |
Source: Redfin · Updated monthly
The Northfield housing market is currently classified as a balanced market with a median sale price of $735,000. Prices have fallen 3.6% compared to last year, with homes spending an average of 36 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Northfield
There are currently 21 homes listed for sale in Northfield, Illinois. The median listing price is $1.7M.
Active listings
21
Homes on market
Median list price
$1.7M
Avg. days on market
36
Days until sale
New this week
15
Newly listed
Who lives in Northfield?
Population
5,683
Median income
$180,492/yr
Median age
50.5 years
Owner-occupied
91.7%
College grads
81.7%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Northfield?
Zillow home value
$895,877
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Northfield?
Northfield is a community of approximately 6K residents with a median age of 50.5 years.The median household income is $180,492, which reflects a relatively affluent area with strong earning potential. 81.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Northfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Northfield?
4 schools tracked · 1,442 students
The largest public schools serving Northfield, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Trier Township H S Northfield
Grades 9 · 948 students
Sunset Ridge Elem School
Grades 4-8 · 251 students
Middlefork Primary School
Grades K-3 · 239 students
Northfield Community Nursery Sch
Grades PK · 4 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Northfield, IL?
Want a head-to-head view? Compare Northfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Northfield?
The median home sale price in Northfield is $735,000, down 3.6% from last year.
How long do homes stay on market in Northfield?
Homes typically spend 36 days on market before going under contract.
What is the median income in Northfield?
The median household income is $180,492 per year.
Is Northfield a buyer's or seller's market?
With 3.0 months of supply, Northfield is currently a balanced market.
What is the Zillow home value estimate for Northfield?
The Zillow Home Value Index (ZHVI) for Northfield is $895,877, representing the typical home value in the area.
What is the median condo price in Northfield?
The median condo/co-op sale price in Northfield, IL is $336,750, compared to $1.36M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Northfield?
The median single-family home price in Northfield, IL is $1.36M (about $461 per square foot).
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