Garden City, MN Foreclosures
How much do homes sell for in Garden City, MN?
The average home price is currently $447,784.
In Garden City, MN, how many homes are available?
There are currently 2 active home listings available in Garden City.
What’s the average rental cost in Garden City, MN?
The average rental price in Garden City is $1,609.
What is the most expensive home in Garden City?
The most expensive home sold in Garden City had a price of $3,912,079.
What is currently the cheapest priced home in Garden City, MN?
The cheapest home for sale in Garden City is priced at $15,552.
Living in Garden City, MN
Garden City, MN is a charming little town in Faribault County known for its close-knit community and peaceful lifestyle. With a rich selection of outdoor activities and a focus on family and values, it offers an ideal setting for both families and retirees. The town’s friendly atmosphere along with local amenities provides a great environment for residents.
Current Market Conditions in Garden City, MN
The real estate market in Garden City, MN has shown steady growth over the past year, with an increasing demand for homes. New construction developments are attracting buyers looking for modern amenities while maintaining the town's traditional charm. Many homes here offer larger lots and backyard spaces, which have become desirable as more people seek outdoor environments during these times.
In the past month, home sales have seen a slight increase, with several properties receiving multiple offers. The average days on the market has decreased, indicating a competitive market for well-maintained homes. Prices have remained stable, but a steady influx of interest from buyers suggests potential for gradual appreciation.
Home Value Estimator For Garden City, MN
There are currently 236 real estate properties
in Garden City, MN,
with a median automated valuation model (AVM) price
of $304,179.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Garden City, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Garden City, MN,
is $447,784.00, with the most expensive house
in Garden City, MN, topping out
at $3,912,079.00 and the cheapest home
in Garden City, MN,
clocking in at $15,552.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Garden City, MN!
Rent Prices
In Garden City, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Garden City, MN, is on
a rollercoaster ride. The
average rent price in Garden City, MN,
is $1,609.00. Indeed, when looking to rent in
Garden City, MN, you can expect to pay as little
as $820.00 or as much
as $3,350.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Garden City, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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