55057 — Northfield, MN Home Values
Typical home value $393,121 as of August 2026 · 4th of 8 in Faribault-Northfield, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55057, August 2021 to August 2026. This page shows observed data only; no forecast.
How 55057 compares in the Faribault-Northfield, MN area
ZIP code 55057 (Northfield, MN) has a typical home value of $393,121 as of August 2026, ranking 4th of 8 ZIP codes tracked in the Faribault-Northfield, MN area, more expensive than about 63% of ZIP codes in the metro. Prices here have moved +2.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +17.6%, from $334,314 in August 2021 to $393,121 in August 2026. Against observed rent, the typical home here sells for 18.8× the annual rent ($1,740/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Faribault.
Population and demographics
ZIP code 55057 has a population of 25,458, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 83.3% White, 7.8% Hispanic or Latino, 3.3% Asian, 3.3% two or more races, 2.1% Black or African American, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| School Readiness Plus | 700 LINCOLN PARKWAY, NORTHFIELD, MN | 0.5 mi |
| Northfield Community Education Cntr | 700 LINCOLN PARKWAY, NORTHFIELD, MN | 0.5 mi |
| GREENVALE PARK ELEMENTARY | 500 LINCOLN PKWY, NORTHFIELD, MN | 0.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55057?
$393,121 as of August 2026, the latest month Zillow has published observed data for.
Is 55057 an expensive ZIP code in the Faribault-Northfield, MN area?
55057 ranks 4th of 8 ZIP codes in the Faribault-Northfield, MN area by typical home value, more expensive than about 63% of ZIP codes in the metro.
How much have home values in 55057 changed over the past year?
+2.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 55057?
The typical home price is 18.8× the observed annual rent in this ZIP code ($1,740/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 55057?
25,458, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55057?
School Readiness Plus (0.5 mi), Northfield Community Education Cntr (0.5 mi), GREENVALE PARK ELEMENTARY (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55057?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.