In December 2017, there were four homes sold, with a median sale price of $287,500 - a 51.3% increase over the $190,000 median sale price for the same period of the previous year. There were two homes sold in Northfield in December 2016.
The median sales tax in Northfield for the most recent year with available data, 2014, was $2,925, approximately 1% of the median home sale price for December 2017.
The following table compares Northfield to other Dakota County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Vermillion | 1 | 4 | -75% | $560,000 | $392,500 | 42.7% |
| Castle Rock | 1 | 0 | - | $475,000 | $0 | - |
| Mendota Heights | 16 | 10 | 60% | $402,000 | $312,696.50 | 28.6% |
| Empire | 3 | 0 | - | $340,000 | $0 | - |
| Northfield | 4 | 2 | 100% | $287,500 | $190,000 | 51.3% |
| Lakeville | 77 | 63 | 22.2% | $270,875 | $260,500 | 4% |
| Eagan | 50 | 70 | -28.6% | $254,000 | $235,000 | 8.1% |
| Rosemount | 20 | 28 | -28.6% | $245,000 | $281,499.50 | -13% |
| Burnsville | 77 | 56 | 37.5% | $242,500 | $238,000 | 1.9% |
| Inver Grove Heights | 38 | 29 | 31% | $241,000 | $186,500 | 29.2% |
| Apple Valley | 74 | 77 | -3.9% | $236,000 | $220,000 | 7.3% |
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