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Minnesota State Wire

Sunday, September 14, 2025

2020: Home prices in Northfield increased

Webp realestate2

The median sale price of a home sold in 2020 in Northfield rose by $49,900 while total sales decreased by 21.3%, according to BlockShopper.com.

From January through December of 2020, there were 37 homes sold, with a median sale price of $315,000 - a 18.8% increase over the $265,100 median sale price for the previous year. There were 47 homes sold in Northfield in 2019.

The median sales tax in Northfield for the most recent year with available data, 2019, was $3,783, approximately 1.2% of the median home sale price for 2020.

The following table compares Northfield to other Dakota County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Randolph1317-23.5%$384,000$326,50017.6%
Lilydale1619-15.8%$369,250$340,0008.6%
Mendota Heights119188-36.7%$365,000$409,250-10.8%
Waterford220%$347,000$302,62414.7%
Lakeville774941-17.7%$337,250$307,5009.7%
Northfield3747-21.3%$315,000$265,10018.8%
Rosemount317433-26.8%$313,000$280,00011.8%
Eagan7401,050-29.5%$307,500$295,0004.2%
Burnsville742908-18.3%$295,000$269,9009.3%
Empire433330.3%$290,000$310,000-6.5%
Farmington389509-23.6%$289,900$262,50010.4%

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