Housing in Northfield, Michigan

The median home cost in Northfield is $232,000. Home appreciation the last 10 years has been 51.0%. Home Appreciation in Northfield is up 9.4%. Browse Northfield Real Estate

Average Age of Homes

- The median age of Northfield real estate is 27 years old

The Rental Market in Northfield

- Renters make up 15.8% of the Northfield population
- 0.0% of houses and apartments in Northfield, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Northfield, Michigan	United States
Median Home Age	33	40
Median Home Cost	$232,000	$231,200
Home Appr. Last 12 months	9.4%	6.7%
Home Appr. Last 5 yrs.	42.8%	35.6%
Home Appr. Last 10 yrs.	51.0%	27.4%
Property Tax Rate	$17.33	$11.78
Property Taxes Paid	$4,021	$2,724
Homes Owned	72.2%	56.0%
Housing Vacant	7.3%	12.2%
Homes Rented	20.5%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,866	$1,470
Studio Apartment	$906	$821
1 Bedroom Home or Apartment	$936	$930
2 Bedroom Home or Apartment	$1,148	$1,148
3 Bedroom Home or Apartment	$1,516	$1,537
4 Bedroom Home or Apartment	$1,867	$1,791
VACANT HOUSING
Vacant For Rent	0.0%	2.1%
Vacant Rented	1.1%	0.5%
Vacant For Sale	1.4%	1.0%
Vacant Sold	0.0%	0.5%
Vacant Vacation	0.0%	4.0%
Vacant Other	4.8%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	12.2%	3.5%
$20,000 to $39,999	3.9%	3.1%
$40,000 to $59,999	1.9%	3.9%
$60,000 to $79,999	2.3%	5.4%
$80,000 to $99,999	1.4%	6.3%
$100,000 to $149,999	9.6%	14.7%
$150,000 to $199,999	24.6%	14.6%
$200,000 to $299,999	20.6%	18.7%
$300,000 to $399,999	14.5%	11.0%
$400,000 to $499,999	3.4%	6.2%
$500,000 to $749,999	3.2%	7.0%
$750,000 to $999,999	1.1%	2.7%
$1,000,000 to $1,499,999	0.4%	1.5%
$1,500,000 to $1,999,999	0.5%	0.5%
$2,000,000 and over	0.3%	0.7%