Residential

Northfield, MN Residential Land & Home Lots for Sale

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In-Fill Development Land Opportunity
Updated: Mar 24
In-Fill Development Land Opportunity

Division Street S, Northfield, MN 55057

$1,775,000
11.70 AC lot
Development opportunity with water available
In‑fill acreage within Northfield city limits along Division Street on the south side of town
N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
Located between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street
Natural features include mature hardwood trees, wetlands, and seasonal wildlife
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3.4-Acre Buildable Lot
Updated: Apr 16
3.4-Acre Buildable Lot

30070 Ashby Ct, Northfield, MN 55057

$199,900
3.40 AC lot
3.4‑acre buildable lot offers ample space and privacy.
Freedom to bring your own builder and customize your dream home.
No association fees, providing cost savings and flexibility.
Located on a private road, ensuring a peaceful and secluded environment.
Small pond at the back of the property adds natural beauty and tranquility.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hilltop Hobby Farm Acreage
Hilltop Hobby Farm Acreage

16412 Ames Way, Faribault, MN 55021

$198,000
5.62 AC lot

5.62-acre hilltop parcel with about 2.5 acres of tillable yard and mature timber for privacy.

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Cannon Falls Land Development Opportunity
Cannon Falls Land Development Opportunity

3rd St, Cannon Falls, MN 55009

$209,492
3.50 AC lot

3.5 acre residential land suitable for single-family homes or townhomes.

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Residential Lot in Wood Ridge
Residential Lot in Wood Ridge

328 Limestone Road, Cannon Falls, MN 55009

$56,900
1.00 AC lot

Large lot in Cannon Falls, build your dream home!

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Acreage Build Site with Utilities
Acreage Build Site with Utilities

3658 Millersburg Blvd, Faribault, MN 55021

$474,900

Rolling acreage with a ready well, drainage tile, and an installed 200-amp single-phase 240-volt service panel.

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Northfield, MN Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Northfield, MN on our real estate platform. These investment opportunities span a total of 657,756 square feet of properties for sale, with an estimated market value of $1,974,900.

Sale prices for home sites in Northfield, MN start at $199,900, averaging $987,450, and reaching up to $1,775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 5
Industrial land 3
Residential land & home lots 3

Demographics Overview

Population 25K
Population Growth (5Y) +1.5%
Median Household Income $97,521
College Educated 72.7%

High-Yield Neighborhoods for Investment

Identify Northfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55057 $1.8M

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $43.22 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Northfield fall within the 10 to 20 acres range.

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