Is Northfield, MA 01360 a buyer’s or seller’s market?
Northfield is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Northfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Northfield, MA 01360 sold above their list price, the typical home went under contract in 52 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold more slowly (24 days then) and the median sale price fell 4% to $384,833. Overall, Northfield is less competitive than a year ago, which gives buyers more room.
Within Franklin County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Buckland 01338 (100% sold over asking) and Lake Pleasant 01347 (100% sold over asking) are even more competitive.
Run the numbers for 01360
Nearby markets
Ashfield 01330Seller’s market $273 /sq ftBernardston 01337Seller’s market $233 /sq ftBuckland 01338Seller’s market $343 /sq ftCharlemont 01339Seller’s market $281 /sq ft Browse all markets →Towns like Northfield nearby
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Questions about Northfield real estate
Is Northfield a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Northfield, MA 01360 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Northfield?
The typical home went under contract in 52 days in the latest three months.
Do homes in Northfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Northfield?
About 1.43% of a home’s value a year in Franklin County, or roughly $5,720 on a $400,000 home.
What is the median home price in Northfield?
The median sale price was $384,833 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology