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The median home value in Northfield, MN is $396,746 as of 2026-07-31, up 2.29% from a year earlier.
Median Home Value
$396,746
Year-over-Year
+2.29%
Population
21,099
Northfield ranks #33 of 112 Minnesota cities tracked here by median home value, and sits 11.5% above the state's city median of $355,920. It sits in Rice County, where the county-wide median is $355,943.
Median household income in Northfield is $84,895, so the typical home value is about 4.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Northfield police recorded a violent crime rate of 152 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,351 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Northfield, that value is $396,746. That's up 2.29% from a year earlier. It is about 11.5% above the typical Minnesota city tracked here.
Homes in Northfield are more expensive than Rice County as a whole, where the median is $355,943 — a difference of about 11.5%.
Median household income here is $84,895, so the typical home value is about 4.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Northfield police reported 152 violent crimes per 100,000 residents, covering a population of about 21,099. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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