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Featured local agent — Northrop, MN
Sarah Mitchell
Compass Real Estate · Northrop, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Northrop, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$104,000median sale price
How is the Northrop, MN housing market right now?
The median home sale price in Northrop, MN is $104,000. Homes sell in an average of 255 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Northrop a buyer's or seller's market?
Northrop, MN is currently a buyer's market and homes selling in about 255 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
255
Average pace
Active listings
—
Sale-to-list
94.6%
Below asking
What does the Northrop housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $104,000 |
| Average days on market | 255 days |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $43/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Northrop by property type?
How the Northrop, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $104,000 | $43/sq ft | 1 | 255 days |
Source: Redfin · Updated monthly
The Northrop housing market is currently classified as a buyer's market with a median sale price of $104,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 255 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Northrop
Explore homes currently listed for sale in Northrop, Minnesota across major real estate platforms.
Who lives in Northrop?
Population
212
Median income
$63,750/yr
Median age
40.7 years
Owner-occupied
80.4%
College grads
14.3%
Avg commute
17.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Northrop?
Zillow home value
$149,900
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Northrop?
Northrop is a community of approximately 0K residents with a median age of 40.7 years.The median household income is $63,750, which represents a working-class community with solid middle-income opportunities. 14.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Northrop offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Northrop, MN?
Want a head-to-head view? Compare Northrop side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Northrop?
The median home sale price in Northrop is $104,000, down 0.0% from last year.
How long do homes stay on market in Northrop?
Homes typically spend 255 days on market before going under contract.
What is the median income in Northrop?
The median household income is $63,750 per year.
What is the Zillow home value estimate for Northrop?
The Zillow Home Value Index (ZHVI) for Northrop is $149,900, representing the typical home value in the area.
How much does a single-family home cost in Northrop?
The median single-family home price in Northrop, MN is $104,000 (about $43 per square foot).
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