Market Overview
Home Prices in Northfield, NJ
The median home value in Northfield, NJ is $401,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Northfield are priced2% below average. Northfield is part of the Atlantic City-Hammonton, NJ metro area.
Over the past five years, Northfield home values have risen by approximately52.7%, reflecting strong long-term appreciation in this market.
Price History
Northfield Home Price Trend
City Comparison
Northfield vs. National Median
At $401,964, homes in Northfield cost 2% below the national median of $410,000. This makes Northfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Northfield?
20% Down Payment
$80,393
on $401,964
Monthly P&I
$2,096/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,662/mo
incl. taxes & insurance
Income Needed
$106,480
gross annual (30% rule)
10% Down Option
$40,196
+ PMI applies
Loan Amount (20% dn)
$321,571
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Northfield, NJ?
The median home value in Northfield is $401,964 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Northfield?
Over the past year, home values in Northfield have increased by 3.6%. Over five years, prices have risen approximately 52.7%.
How much do I need to earn to buy a home in Northfield?
To comfortably afford the median home price of $401,964 with a 20% down payment ($80,393) at today's rates (6.8%), you'd need a gross annual income of approximately $106,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Northfield compare to the national average home price?
The national median home value is approximately $410,000. At $401,964, homes in Northfield are 2% below the national average.
What metro area is Northfield part of?
Northfield is part of the Atlantic City-Hammonton, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.