Northrop, MN Real Estate Market Summary – September 8, 2026

In Northrop, MN, a total of 18 homes were sold recently, reflecting a consistent market activity with an average of approximately 0.6 homes sold per day. Homes had an average of 15.8 days on the market before receiving offers, indicating a relatively quick pace in recent transactions.

Metric 30 Days
Number Sold 18
Sold Per Day 1 every 1.67 days
Average SQFT 1950
Median Sales Price $189,200
Average Sales Price $202,450
Average Price Per SQFT $97
Average Days on Market 16
Average Year Built 1957

 

Northrop, MN Single Family Home Analysis

Among single-family homes, 17 properties changed hands with an average sale price of $204,506. These homes had a median living area of 2,191 square feet and averaged 16.3 days on the market.

Metric 30 Days
Number Sold 17
Sold Per Day 1 every 1.76 days
Average SQFT 1998
Median Sales Price $195,900
Average Sales Price $204,506
Average Price Per SQFT $95
Average Days on Market 16
Average Year Built 1955

 

Northrop, MN Condo & Townhome Analysis

In the condo and townhome segment, only 1 property was sold, priced at $167,500. This unit had a living area of 1,182 square feet and spent an average of 8 days on the market before it found a buyer.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1182
Median Sales Price $167,500
Average Sales Price $167,500
Average Price Per SQFT $142
Average Days on Market 8
Average Year Built 1993

 

Buyer & Seller Analysis

  • 1 home was sold approximately every 1.67 days.
  • Single-family homes had a median sale price of $195,900.
  • Days on market averaged 15.8 across all segments.
  • Condo and townhome sales are limited with only 1 transaction in the past month.

Conclusion

Overall, the real estate market in Northrop shows active engagement, particularly in single-family homes. The quick days on market suggest that homes are being purchased with relative enthusiasm.

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