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Home values, rents and more in ZIP code 55057 (Northfield, MN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$393,000
Metro: $351,000 · U.S.: $366,000
Home values, past year
+1.9%
Metro: +2.2% · U.S.: +1.2%
Typical rent
$1,756/mo
Metro: $1,579 · U.S.: $1,932
Population
25,650
ACS 2020–24
Median household income
$92,622
Metro: $83,181 · U.S.: $80,734
ZIP codes around 55057, shaded by typical home value5505755021559465500955024550445606955372550535504656052550185505255031
  • Under $320k
  • $320k–$370k
  • $370k–$410k
  • $410k–$440k
  • $440k+
  • No data
ZIP codes around 55057, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 55057 is outlined.

How 55057 compares

The typical home in ZIP code 55057 (Northfield, MN) is worth about $393,000, according to the Zillow Home Value Index for September 2026. Home values in 55057 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 55057 rose 1.9%, compared with +2.2% in the Faribault metro area and +1.2% nationally.

Typical rent is $1,756 a month (Zillow Observed Rent Index), 11% above the Faribault metro area ($1,579) and 9% below the U.S. ($1,932).

The median household income is $92,622, against $83,181 in the Faribault metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 25,650 people live in 55057 (American Community Survey 2020–24).

55057 has the 4th-highest typical home value of the 8 ZIP codes in the Faribault metro area and the 128th-highest of 716 in Minnesota with Zillow figures.

Part of: Northfield, MN · Rice County, MN · Faribault metro area · Minnesota

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

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.

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