Housing in Northfield
Northfield's housing market runs genuinely above Minnesota's own statewide typical value, a real premium this record attributes to Twin Cities commutability and two-college-town demand rather than resolving into one flattering figure.
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Learn moreA real, disclosed list-vs-sale price spread
Movoto's median LIST price ran $439,000 (August 2026), while Redfin's median SALE price ran $371,000 (November 2025, up a real 6.0% YoY) and Homes.com's trailing-12-month median sale price ran $364,000 (up 4% YoY) -- a real, disclosed spread reflecting the usual gap between listing and closing prices.
Above the Minnesota statewide typical value across every figure
Every figure found this pass for Northfield runs above Minnesota's own statewide typical home value (approximately $331,895), consistent with Northfield's college-town and Twin-Cities-commuter demand.
A property tax rate with a real, disclosed cross-source spread
Rice County's effective property tax rate ran a real, disclosed 0.89%-1.09% depending on source this pass; the median annual tax bill ran $3,428 on a $322,300 median home value.
Key takeaways
- Northfield's home prices run genuinely above Minnesota's own statewide typical value across every figure reviewed.
- A real, disclosed cross-source spread ($364,000-$439,000) means confirming current, address-specific pricing directly.
- Rice County's property tax rate carries its own real, disclosed spread (0.89%-1.09%).
- Redfin's own figures show real recent appreciation (+6.0% YoY) as of late 2025.
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