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.

Home Value$373,556

+2.9%

Rent$1,525/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$74,711 on $373,556

Example: $75,000 household income. Change it above to see your own.

Out of reach38.2% of income

Need $102,343/yr to afford.

PITI$2,388

P/I38.2%

Afford$274K

Gap-$100K

P&I $1,889Tax $349Ins $150

Renting $863/mo cheaper ($1,525 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Northfield with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Faribault-Northfield, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Faribault-Northfield, MN metro.

View Faribault-Northfield, MN metro

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