The median home in Northfield, Minnesota is valued at $373,556, up 2.9% year over year. Typical monthly rent is $1,525, producing a price-to-rent ratio of 20.4x — well above the national average of 18x. Northfield is part of the Faribault-Northfield, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Faribault-Northfield, MN stress score, crash risk, and 12-month forecast →
Home Value$373,556
+2.9%
Rent$1,525/mo
AFFORDABILITYRenting $863/mo cheaper ($1,525 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Northfield.
$74,711 on $373,556
Out of reach — 38.2% of income
Need $102,343/yr to afford.
PITI$2,388
P/I38.2%
Afford$274K
Gap-$100K
P&I $1,889Tax $349Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Minnesota
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Full Faribault-Northfield, MN analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Faribault-Northfield, MN metro.
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