Northfield Homes under $400,000

Northfield Homes under $400,000

Welcome to Northfield, Minnesota, a charming city that beautifully blends small-town warmth with vibrant community spirit. Nestled in the heart of Rice County, Northfield is known for its rich history, picturesque landscapes, and a strong sense of belonging. With its lush parks, scenic river views, and a thriving downtown area filled with unique shops and delightful eateries, Northfield offers an inviting atmosphere for families, young professionals, and retirees alike.

One of the most appealing aspects of Northfield is its diverse real estate market, particularly for those seeking homes under $400,000. This price range opens the door to a variety of options, from quaint single-family homes to modern townhouses, all set against the backdrop of Northfield’s stunning natural beauty. With its excellent schools, close-knit neighborhoods, and a plethora of recreational activities, Northfield is an ideal place for families to settle down and create lasting memories.

The city is also home to prestigious institutions like Carleton College and St. Olaf College, which contribute to a vibrant cultural scene, offering numerous events, art exhibitions, and performances throughout the year. Whether you're exploring the historic downtown, enjoying a stroll along the Cannon River, or participating in the lively community events, Northfield truly has something for everyone.

If you're looking to make a move, Northfield's real estate market provides a fantastic opportunity to find your dream home without breaking the bank. Discover the charm and community spirit of Northfield, MN, and find the perfect home that fits your lifestyle!

Newest Northfield Homes under $400,000

759 Lathrop Drive, Northfield
$365,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7059307 MLS ⋅ 2,379 SqFt.
Welcome home to a property filled with warmth, character, and possibilities! This inviting 4-bedroom, 2-bathroom home offers the perfect blend of comfort, flexibility, and thoughtful updates, making it a wonderful place to settle in and create lasting memories. On those chilly Minnesota nights, gather around the wood-burning stove and enjoy the inviting feeling of home. One of the standout features is the two full kitchens, with a second kitchen in the lower level offering incredible flexibility for roommates, multi-generational living, guests, or simply a little extra space to spread out. The upper level boasts a HUGE dining area that could easily serve as a second main-level living room, providing plenty of room for gatherings, relaxing, or making the space your own. Step outside and enjoy the generous corner lot, complete with steel siding, a firepit, and room to enjoy the outdoors. Whether you're hosting friends around the fire, enjoying a quiet evening, or taking advantage of the space for gardening and play, this property offers plenty of opportunity to enjoy the seasons. Be sure to take time to appreciate all the upgrades and remodeling the sellers have thoughtfully completed throughout the home. And don't miss the fascinating Hugelkultur garden! Ask your agent about this unique and sustainable gardening feature—it's truly something special and a fun conversation starter. With its inviting atmosphere, versatile floor plan, two kitchens, and spacious corner lot, this home offers so much more than meets the eye. Come take a look and discover all the ways this special property could fit your lifestyle! *Ask your agent about the long list of improvements.

759 Lathrop Drive, Northfield

Listing courtesy of Weichert, REALTORS- Heartland.

1904 Lincoln Street S Unit 1904, Northfield
$320,000
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7130509 MLS ⋅ 1,931 SqFt.
Welcome to Valley Pond, a desirable Northfield townhome community where peaceful surroundings, natural beauty, and everyday convenience come together. Set near the neighborhood pond and walking path, this spacious multi-level townhome offers a flexible floor plan with plenty of room to live, work, entertain, and unwind. The main level features comfortable living and dining spaces that flow into the spacious kitchen, with counter seating and access to the upper-level deck. Upstairs, you'll find private bedroom space tucked away from the home's main gathering areas. The finished lower level adds even more versatility, with an additional bedroom, bathroom, generous family room, and walkout access to the patio and outdoor space—ideal for guests, a home office, hobbies, or a separate retreat. Fresh paint and new carpet throughout give the home a clean, move-in-ready feel, while the surrounding pond, mature landscape, and nearby walking and biking paths offer an inviting connection to the outdoors. Valley Pond is a well-established, self-managed townhome community conveniently located near Northfield schools, 50 North, shopping in Dundas, and the shops, restaurants, and charm of downtown Northfield. With easy access to the Twin Cities, you can enjoy the relaxed pace and character of Northfield without giving up metropolitan convenience. Homes in Valley Pond don't come available often. Come experience the space, setting, and lifestyle that make this neighborhood such a special place to call home.

1904 Lincoln Street S Unit 1904, Northfield

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.