Housing & Real Estate — Northfield, Minnesota
Overview
| Total Housing Units | 6,648 |
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| Occupied | 6,368 |
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| Vacant | 280 |
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| Owner-Occupied | 4,445 |
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| Renter-Occupied | 1,923 |
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| Median Home Value (Census) | $329,400 |
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| Estimated 2026 | ~$393,000 |
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| Median Rent | $1,036/mo |
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| Median Property Tax | $4,522/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 14.6% |
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| Severely Rent-Burdened | 30.2% |
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Housing Age
| Built 2010 or later | 742 |
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| Built 2000-2009 | 1,457 |
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| Built 1990-1999 | 934 |
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| Built before 1960 | 1,605 |
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| Median Year Built | 1982 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
