Northfield, MA 01360 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Northfield, MA—01360

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$360,000

0.2% YoY Growth

Household Income

$102,000

42.2% YoY Growth

Days on Market

30.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Northfield, MA

As of Dec '25, the median home price in Northfield, MA is $360,000, with a year-over-year change of -0.2%. This indicates that home prices in Northfield, MA are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$360,000	-0.2%
Single Family	$361,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Northfield, MA

Northfield, MA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

31.5%

2 Bedrooms

39.6%

3 Bedrooms

28.9%

Property Listings — Northfield, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Northfield, MA is 44. This is a decrease of -41.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$437,000	-2.0%
Listing Count	3	-35.0%
Listings as % of Homes	0.2%	-35.0%
Days on Market	75	-30.0%

Loading chart...

Demographics — Northfield, MA

As of the latest ACS Survey released in 2023, Northfield, MA has a population of 2,880, which has decreased by -4.1% over the past 5 years. Northfield, MA is a moderately popular place for families, as children make up 16.4% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,880	-4.1%
% Under 18	16.4%	-17.2%
% Seniors	22.7%	22.7%
% WFH	20.2%	861.9%
% w/ College Degree	43.4%	5.1%

Loading chart...

As of the latest ACS Survey released in 2023, Northfield, MA is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Northfield, MA is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.9% of the population in Northfield, MA, and this percentage has decreased by 51.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.3%	-3.2%
% Black	0.5%	25.0%
% Hispanic	3.9%	18.2%
% Asian	0.0%	-100.0%
% Foreign Born	2.9%	-51.7%

Loading chart...

Mortgage and Risk — Northfield, MA

According to HUD data as of 2023, there were 54 mortgage originations in Northfield, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Northfield, MA. Investor activity is low, as 2.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	54
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	22.0%

Loading chart...

Rentals and Section 8 — Northfield, MA

Northfield, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	5.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,130
2 Bedroom	N/A	N/A	$1,480
3 Bedroom	N/A	N/A	$1,780
4 Bedroom	N/A	N/A	$1,990

Northfield, MA—01360

Key Metrics at a Glance

Home Price Trends — Northfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northfield, MA

% of Rental Stock

Property Listings — Northfield, MA

Demographics — Northfield, MA

Race and Ethnicity

Mortgage and Risk — Northfield, MA

Mortgages

Rentals and Section 8 — Northfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Northfield, MA

Home Price to Income Ratio

Northfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Erving, MA

Gill, MA

Winchester, NH

Warwick, MA

Grounts Corner, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$360,000
Median Household Income	$102,000

Northfield, MA—01360

Key Metrics at a Glance

Home Price Trends — Northfield, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northfield, MA

% of Rental Stock

Property Listings — Northfield, MA

Demographics — Northfield, MA

Race and Ethnicity

Mortgage and Risk — Northfield, MA

Mortgages

Rentals and Section 8 — Northfield, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Northfield, MA

Home Price to Income Ratio

Northfield, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Erving, MA

Gill, MA

Winchester, NH

Warwick, MA

Grounts Corner, MA

Frequently Asked Questions

What is the average home price in Northfield, MA 01360?

How have home prices in Northfield, MA 01360 changed over the past year?

What is the home price projection for Northfield, MA 01360?

What are the demographics of Northfield, MA 01360?

How long does it take homes to sell in Northfield, MA 01360?

What is the average rent price in Northfield, MA 01360?