House Prices

Northfield Historic District Northfield, MN House Prices & Home Values 2026


Average Data

average house price$294,386
average size per house1879 ft²
average price per ft²168 $ / ft²

04/04/2026 - The value range (VR) for house prices in Northfield Historic District Northfield, MN is $159.6/ sqft to $176.4/ sqft. An average home with 1879 sqft costs approximately $320,881 to $354,658. 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 $168. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Northfield Historic District Northfield

55057145 $ / ft²




Historical development of home values in Northfield Historic District Northfield

Year Estimated value (USD) Change vs. 2025
2010 $136,718 -53.6%
2011 $131,431 -55.4%
2012 $131,077 -55.5%
2013 $135,977 -53.8%
2014 $142,738 -51.5%
2015 $150,064 -49.0%
2016 $157,895 -46.4%
2017 $166,418 -43.5%
2018 $175,618 -40.3%
2019 $183,761 -37.6%
2020 $193,261 -34.4%
2021 $219,813 -25.3%
2022 $256,253 -13.0%
2023 $270,231 -8.2%
2024 $285,864 -2.9%
2025 $294,386 0.0%

Graph: estimated home values in Northfield Historic District Northfield over time (USD)



Example: 100% financing house in Northfield Historic District Northfield

Loan amount: $294,386

Interest rate: 6.42%

Fixed monthly payment: $1,845.26

Breakdown in the 1st month:
Interest portion: $1,574.97  –  Principal portion: $270.29

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,802.42 $3,340.69 $291,045.31
2 $18,581.52 $3,561.58 $287,483.73
3 $18,346.02 $3,797.09 $283,686.65
4 $18,094.94 $4,048.16 $279,638.49
5 $17,827.27 $4,315.84 $275,322.65
6 $17,541.89 $4,601.22 $270,721.43
7 $17,237.64 $4,905.46 $265,815.97
8 $16,913.28 $5,229.83 $260,586.14
9 $16,567.46 $5,575.64 $255,010.50
10 $16,198.78 $5,944.32 $249,066.19
11 $15,805.73 $6,337.38 $242,728.81
12 $15,386.68 $6,756.42 $235,972.39
13 $14,939.92 $7,203.18 $228,769.21
14 $14,463.63 $7,679.48 $221,089.73
15 $13,955.84 $8,187.27 $212,902.46
16 $13,414.47 $8,728.64 $204,173.83
17 $12,837.30 $9,305.80 $194,868.02
18 $12,221.97 $9,921.13 $184,946.89
19 $11,565.96 $10,577.15 $174,369.75
20 $10,866.56 $11,276.54 $163,093.20
21 $10,120.92 $12,022.18 $151,071.02
22 $9,325.98 $12,817.13 $138,253.89
23 $8,478.47 $13,664.64 $124,589.25
24 $7,574.92 $14,568.19 $110,021.07
25 $6,611.62 $15,531.48 $94,489.59
26 $5,584.63 $16,558.47 $77,931.11
27 $4,489.73 $17,653.37 $60,277.74
28 $3,322.43 $18,820.67 $41,457.07
29 $2,077.95 $20,065.15 $21,391.92
30 $751.18 $21,391.92 $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 Northfield Historic District Northfield, MN


1500 sqft3900 sqft
Ø selling price$326,265$694,054
Ø fast selling$296,604$624,649
Ø high price sale$355,925$763,459

In 2026, houses in Northfield Historic District Northfield, MN will be offered at an average price of $168 per square foot. A 1,500 sqft home priced at $326,265 is 24.61% more expensive per square foot than a 3,900 sqft home priced at $694,054. Home prices in Northfield Historic District 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 $480,499. Sellers who can wait longer may achieve a higher price of up to $587,276.


Explore the Northfield Historic District, Northfield, MN

The Northfield Historic District showcases the storied heart of Northfield, MN with preserved streetscapes and a timeless small-town feel.
Centered near the Cannon River and Downtown Division Street corridors, the area blends 19th-century commercial blocks with tree-lined residential avenues. Visitors and residents admire brick storefronts, historic homes, and restored facades that highlight the city?s heritage.

Architecture and Preservation

Architectural styles include Italianate and Queen Anne influences alongside early 20th-century revival details, creating a visually rich streetscape. Thoughtful preservation supports modern usability for shops, offices, and residences while keeping original masonry, cornices, and woodwork front and center.

Shopping, Dining, and Events

The district?s walkability connects boutique retailers, independent restaurants, galleries, and cafes, making everyday errands and leisure time convenient. Seasonal events, including the famous Defeat of Jesse James Days, draw crowds to the historic core and boost local businesses.

Location and Lifestyle

Proximity to Carleton College and St. Olaf College enriches the neighborhood with arts, lectures, performances, and a vibrant academic presence. Outdoor lovers enjoy riverfront paths and nearby parks, while commuters appreciate access to Highway 3 and connections toward the Twin Cities. Whether visiting or considering real estate, the Northfield Historic District offers classic charm, community energy, and enduring value.



FAQ – Home Values in Northfield Historic District Northfield

What is the median home value in Northfield Historic District Northfield in 2026?

In 2026, the typical home value in Northfield Historic District Northfield is about $294,386 for an average home size of 1879 square feet. This corresponds to an average price of roughly $168 per square foot.

What is the average cost per square foot in Northfield Historic District Northfield?

In 2026, homes in Northfield Historic District Northfield sell for an average of around $168 per square foot, with a typical range between $159.6 and $176.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Northfield Historic District?

The average home size in Northfield Historic District Northfield is about 1879 square feet, with an estimated 2026 value around $294,386.



Neighborhoods close to Northfield Historic District Northfield, MN

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