Comprehensive market data and analysis• Updated Dec 2025
26.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 9 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 1 | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 3 | 3 | 16 |
Acreage buckets
The median price for land in Northfield, Minnesota is currently $203K per acre. For a typical parcel, the median sale price is $158K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $93K while premium lots reached $335K.
Northfield, Minnesota is currently a strong buyer's market with 26.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 4.7% year-over-year.
Northfield, Minnesota currently has 26.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Northfield, Minnesota typically sells within 91 days of listing. The median time on market is 24 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Northfield, Minnesota stands at $158K. This translates to roughly $203K per acre for the typical parcel size. The average price is $285K, indicating some higher-priced properties pulling up the average.
Land in Northfield, Minnesota averages $1.4M per acre. The median price per acre is $203K, which may be more representative of typical transactions. Most parcels sold are around 22,433 sq ft.
The current absorption rate in Northfield, Minnesota is 3.9% (3-month basis), indicating slow demand. With appreciating values (+4.7% YoY), the market shows growth potential. The top-performing broker in this market is Coldwell Banker Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
