Northfield Real Estate Market Report: April 2026

In April 2026, the median sale price in Northfield was $372,500, up 8.0% from a year earlier.

Median Sales Price
$372,500
+8% vs. April 2025
Homes for Sale
52
+20.9% vs. April 2025
Months Supply
2.5
+0% vs. April 2025
Seller's market
Days on Market
57
+54.1% vs. April 2025
Closed Sales
18
-14.3% vs. April 2025
Percent of Original List Received
99%
-1.8 pts vs. April 2025

What this means

The median sale price has increased by 8% from last year to $372,500, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold.

Homes are selling 20 days longer than last year, averaging 57 days on market, and sellers are receiving 99% of their original asking price.

The area is currently a seller's market with 2.5 months of supply. Active inventory is up 21% from last year to 52 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

Common questions about the Northfield market

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

Northfield was a seller's market in April 2026, with 2.5 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 52 homes for sale.

How fast are homes selling in Northfield?

Homes that sold in April 2026 spent an average of 57 days on market, 20 days slower than a year earlier. Sellers received 99% of their original list price on average.

Are home prices going up in Northfield?

Yes. The median sale price rose 8.0% year over year to $372,500. Price per square foot moved the other way (from $201 to $188), which suggests the change mostly reflects the mix of homes sold.

Market trends in Northfield

Northfield monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
August 2024$395,00021552.6
September 2024$356,00016522.7
October 2024$319,00019323.4
November 2024$310,50020392.8
December 2024$379,95014592.5
January 2025$432,1507772.9
February 2025$320,00017732.2
March 2025$362,50021492
April 2025$345,00021372.5
May 2025$385,00022412.4
June 2025$351,00018412.5
July 2025$402,50030232.6
August 2025$400,00021323.5
September 2025$376,50022283.2
October 2025$297,50023363.3
November 2025$371,05012583.2
December 2025$347,00024472.9
January 2026$355,00013582.6
February 2026$366,500121062.6
March 2026$329,00014983.2
April 2026$372,50018572.5

How Northfield compares with the Twin Cities region

In April 2026, the median sale price in Twin Cities (16-County Region) was $392,000, down 2.0% from a year earlier.

Read the April 2026 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.

Report published .

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