Northfield, NH—03276
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northfield, NH
As of Oct '25, the median home price in Northfield, NH is $408,000, with a year-over-year change of 0.3%. This indicates that home prices in Northfield, NH are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $408,000 | 0.3% |
| Single Family | $415,000 | 0.2% |
| Condos | $319,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $294,000 | -1.7% |
2 Bed | $356,000 | 0.8% |
3 Bed | $431,000 | 0.2% |
4 Bed | $500,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Northfield, NH
As of July '25, Rentcast reports the average rent in Northfield, NH is $1,630, with a year-over-year rent change of -23.8%. Per bedroom, the median rent as of July '25 in Northfield, NH is 1-bedrooms: $1,380, 2-bedrooms: $1,600, 4-bedrooms: $2,900. The most common rental property sizes in Northfield, NH are 1-bedroom and 2-bedroom, accounting for 39.9% and 38.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,380 |
| 2 Bed Rent | $1,400 | $1,600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Northfield, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Northfield, NH is 71. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $456,000 | 0.0% |
Listing Count | 28 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 71 | 31.0% |
Demographics — Northfield, NH
As of the latest ACS Survey released in 2023, Northfield, NH has a population of 9,050, which has increased by 9.5% over the past 5 years. Northfield, NH is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,050 | 9.5% |
% Under 18 | 20.2% | -10.2% |
% Seniors | 19.1% | 11.7% |
% WFH | 9.4% | 224.1% |
% w/ College Degree | 26.1% | 34.5% |
As of the latest ACS Survey released in 2023, Northfield, NH is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Northfield, NH is hispanic, making up 1.8% of the population. Foreign-born residents account for 3.4% of the population in Northfield, NH, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.7% | -0.5% |
% Black | 0.8% | -27.3% |
% Hispanic | 1.8% | 20.0% |
% Asian | 0.5% | -70.6% |
% Foreign Born | 3.4% | 13.3% |
Mortgage and Risk — Northfield, NH
According to HUD data as of 2023, there were 95 mortgage originations in Northfield, NH, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Northfield, NH. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Northfield, NH
Northfield, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 149 |
Total Units Section 8 | 148 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,300 | $1,060 |
| 2 Bedroom | -$40 | $1,400 | $1,360 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | -$1,000 | $2,900 | $1,900 |
Affordability — Northfield, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $408,000 |
| Median Household Income | $79,300 |