House Prices

Carleton College Northfield, MN House Prices & Home Values 2026


Average Data

average house price$276,228
average size per house1763 ft²
average price per ft²158 $ / ft²

04/04/2026 - The value range (VR) for house prices in Carleton College Northfield, MN is $150.1/ sqft to $165.9/ sqft. An average home with 1763 sqft costs approximately $265,685 to $293,652. Northfield, MN includes 1 ZIP codes and it is located in Rice county. The lowest prices are found in ZIP 55057, while the highest are in ZIP 55057. The average price per sqare feet is $158. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Carleton College Northfield

55057126 $ / ft²




Historical development of home values in Carleton College Northfield

Year Estimated value (USD) Change vs. 2025
2010 $128,285 -53.6%
2011 $123,324 -55.4%
2012 $122,992 -55.5%
2013 $127,590 -53.8%
2014 $133,934 -51.5%
2015 $140,808 -49.0%
2016 $148,156 -46.4%
2017 $156,153 -43.5%
2018 $164,786 -40.3%
2019 $172,427 -37.6%
2020 $181,340 -34.4%
2021 $206,255 -25.3%
2022 $240,447 -13.0%
2023 $253,562 -8.2%
2024 $268,231 -2.9%
2025 $276,228 0.0%

Graph: estimated home values in Carleton College Northfield over time (USD)



Example: 100% financing house in Carleton College Northfield

Loan amount: $276,228

Interest rate: 6.02%

Fixed monthly payment: $1,660.39

Breakdown in the 1st month:
Interest portion: $1,386.66  –  Principal portion: $273.73

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,547.75 $3,376.94 $272,851.06
2 $16,338.61 $3,586.08 $269,264.97
3 $16,116.52 $3,808.17 $265,456.80
4 $15,880.67 $4,044.02 $261,412.78
5 $15,630.22 $4,294.47 $257,118.31
6 $15,364.26 $4,560.43 $252,557.88
7 $15,081.83 $4,842.87 $247,715.01
8 $14,781.90 $5,142.79 $242,572.22
9 $14,463.40 $5,461.29 $237,110.93
10 $14,125.17 $5,799.52 $231,311.41
11 $13,766.00 $6,158.69 $225,152.72
12 $13,384.59 $6,540.11 $218,612.61
13 $12,979.55 $6,945.14 $211,667.47
14 $12,549.43 $7,375.27 $204,292.20
15 $12,092.67 $7,832.03 $196,460.18
16 $11,607.62 $8,317.07 $188,143.10
17 $11,092.53 $8,832.16 $179,310.94
18 $10,545.54 $9,379.15 $169,931.79
19 $9,964.68 $9,960.01 $159,971.77
20 $9,347.84 $10,576.85 $149,394.92
21 $8,692.80 $11,231.89 $138,163.03
22 $7,997.20 $11,927.50 $126,235.53
23 $7,258.51 $12,666.18 $113,569.35
24 $6,474.08 $13,450.62 $100,118.73
25 $5,641.06 $14,283.63 $85,835.10
26 $4,756.45 $15,168.24 $70,666.86
27 $3,817.07 $16,107.63 $54,559.24
28 $2,819.50 $17,105.19 $37,454.04
29 $1,760.15 $18,164.54 $19,289.50
30 $635.19 $19,289.50 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Carleton College Northfield, MN


1500 sqft3900 sqft
Ø selling price$287,918$612,479
Ø fast selling$261,743$551,231
Ø high price sale$314,092$673,726

In 2026, houses in Carleton College Northfield, MN will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $287,918 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $612,479. Home prices in Carleton College Northfield, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $424,024. Sellers who can wait longer may achieve a higher price of up to $518,251.


Carleton College Neighborhood ? Northfield, MN

Location and Character

The Carleton College neighborhood in Northfield, MN blends historic charm with a vibrant college-town energy. Set along the Cannon River near downtown Northfield, it offers a walkable layout with tree-lined streets and classic architecture.
Prospective residents find varied housing near campus, and visitors enjoy quick access to boutique shopping, coffeehouses, and galleries that showcase the area's arts culture.

Campus and Outdoors

At the heart of the neighborhood is Carleton College, renowned for its liberal arts excellence and welcoming campus. The 800+ acre Cowling Arboretum provides scenic trails, birding, and year-round recreation that anchor the community's outdoor lifestyle.
Well-kept greens, historic academic buildings, and public lectures make the campus a daily destination for learning and leisure.

Community and Amenities

Local dining ranges from farm-to-table restaurants to classic diners, with craft breweries and ice cream shops steps from campus. Events like the Northfield farmers market, music festivals, and athletic games foster strong neighborhood connections and weekend fun.
Commuters appreciate easy routes to the Minneapolis?St. Paul metro via Highway 3 and I-35, while transit and bike paths support car-light living. With safe streets, quality schools, and the synergy of nearby St. Olaf College, the Carleton College neighborhood delivers a balanced mix of academic vitality and small-town comfort.



FAQ – Home Values in Carleton College Northfield

What is the median home value in Carleton College Northfield in 2026?

In 2026, the typical home value in Carleton College Northfield is about $276,228 for an average home size of 1763 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Carleton College Northfield?

In 2026, homes in Carleton College Northfield sell for an average of around $158 per square foot, with a typical range between $150.1 and $165.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Carleton College?

The average home size in Carleton College Northfield is about 1763 square feet, with an estimated 2026 value around $276,228.



Neighborhoods close to Carleton College Northfield, MN

Carver Bluffs Carver, MN181 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
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