Northfield, MN

Balanced market+14.1% YoY

Housing market overview · Updated weekly

$364,000median sale price

Homes sold

13

Last 12 weeks

Days on market

75

Average pace

Active listings

47

3.6 months supply

Sale-to-list

98.4%

Below asking

The Northfield housing market is currently classified as a balanced market with a median sale price of $364,000. Prices have risen 14.1% compared to last year, with homes spending an average of 75 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Northfield

There are currently 47 homes listed for sale in Northfield, Minnesota. The median listing price is $429K.

Active listings

47

Homes on market

Median list price

$429K

Avg. days on market

75

Days until sale

New this week

16

Newly listed

Price drops:19.1%of listings
Sale-to-list:98.4%

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Frequently asked questions

What is the average home price in Northfield?

The median home sale price in Northfield is $364,000, up 14.1% from last year.

How long do homes stay on market in Northfield?

Homes typically spend 75 days on market before going under contract.

Is Northfield a buyer's or seller's market?

With 3.6 months of supply, Northfield is currently a balanced market.

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