Home values, rents and more in Northfield, MN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Northfield compares
The typical home in Northfield, MN is worth about $393,000, according to the Zillow Home Value Index for September 2026. Home values in Northfield are 12% above the typical value in the Faribault metro area ($351,000) and 7% above the U.S. typical value ($366,000).
Over the past year, home values in Northfield rose 1.9%, compared with +2.2% in the Faribault metro area and +1.2% nationally.
Typical rent is $1,739 a month (Zillow Observed Rent Index), 10% above the Faribault metro area ($1,579) and 10% below the U.S. ($1,932).
The median household income is $84,895, against $83,181 in the Faribault metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 20,742 people live in Northfield (American Community Survey 2020–24).
Northfield has the 3rd-highest typical home value of the 8 cities in the Faribault metro area and the 126th-highest of 675 in Minnesota with Zillow figures.
Part of: Rice County, MN · Faribault metro area · Minnesota
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Nearby cities
ZIP codes in Northfield, MN
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.