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Rent To Own Homes 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 $444,329.
In Northfield, MN, how many homes are available?
There are currently 6 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 $18,558,527.
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, MN, is a picturesque town known for its higher education institutions, vibrant downtown, and strong community spirit. With excellent schools, beautiful parks, and a range of activities, residents enjoy a high quality of life. The blend of historic charm and modern amenities makes Northfield an appealing place to call home.

Current Market Conditions in Northfield, MN

Northfield's real estate market has remained competitive, with a steady demand for family homes and rental properties due to its appealing lifestyle and proximity to the Twin Cities. The current trends indicate a gradual increase in property values, reflecting the area's growth and desirability.

In recent months, houses in Northfield have been receiving multiple offers, particularly in the more desirable school districts. As families continue to relocate for work, the demand is expected to keep rising, making it an attractive option for both buyers and sellers.

Home Value Estimator For Northfield, MN

There are currently 7,156 real estate properties in Northfield, MN, with a median automated valuation model (AVM) price of $393,853.00. 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 $444,329.00, with the most expensive house in Northfield, MN, topping out at $18,558,527.00 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 Rent To Own Homes

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