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Foreclosures in Northfield, MN

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Northfield, MN Foreclosures

How much do homes sell for in Northfield, MN?
The average home price is currently $441,893.
In Northfield, MN, how many homes are available?
There are currently 23 active home listings available in Northfield.
What’s the average rental cost in Northfield, MN?
The average rental price in Northfield is $1,790.
What is the most expensive home in Northfield?
The most expensive home sold in Northfield had a price of $18,468,056.
What is currently the cheapest priced home in Northfield, MN?
The cheapest home for sale in Northfield is priced at $16,974.

Living in Northfield, MN

Northfield, Minnesota, is a vibrant community known for its picturesque landscape and rich history. Home to two esteemed colleges, this town offers a mix of educational opportunities and cultural experiences. Its charming downtown area and proximity to parks make Northfield an ideal place for families and outdoor enthusiasts alike.

Current Market Conditions in Northfield, MN

The current real estate market in Northfield has shown signs of growth, with an increase in home prices and demand for properties. New housing developments are starting to emerge, catering to the growing population and those looking for more modern amenities, while still retaining the town's historic charm.

Sellers are benefiting from shorter time on the market, and buyers are actively seeking properties, making this a competitive yet appealing market for both parties. Investors are also drawn to Northfield's stable economy and family-friendly environment.

Home Value Estimator For Northfield, MN

There are currently 7,165 real estate properties in Northfield, MN, with a median automated valuation model (AVM) price of $391,181.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Northfield, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Northfield, MN, is $441,893.00, with the most expensive house in Northfield, MN, topping out at $18,468,056.00 and the cheapest home in Northfield, MN, clocking in at $16,974.00. In other words, there’s something for every potential homebuyer or savvy investor in Northfield, MN!

Rent Prices In Northfield, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Northfield, MN, is on a rollercoaster ride. The average rent price in Northfield, MN, is $1,790.00. Indeed, when looking to rent in Northfield, MN, you can expect to pay as little as $710.00 or as much as $3,700.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Northfield, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Northfield, MN Foreclosures


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