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Foreclosure Homes in Garfield, MN 56332

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Garfield, MN Foreclosures

How much do homes sell for in Garfield, MN?
The average home price is currently $455,466.
In Garfield, MN, how many homes are available?
There are currently 1 active home listings available in Garfield.
What’s the average rental cost in Garfield, MN?
The average rental price in Garfield is $1,667.
What is the most expensive home in Garfield?
The most expensive home sold in Garfield had a price of $7,620,700.
What is currently the cheapest priced home in Garfield, MN?
The cheapest home for sale in Garfield is priced at $14,763.

Living in Garfield, MN

Garfield, MN is a picturesque small town that offers a peaceful rural lifestyle with access to beautiful lakes and a tight-knit community. Located near Alexandria, it provides essential services and amenities while maintaining a friendly atmosphere. Ideal for families and individuals alike, Garfield represents the charm of small-town living.

Current Market Conditions in Garfield, MN

Garfield's real estate market has remained stable, showcasing a gradual increase in home values over the last year. With its attractive lifestyle and access to natural resources, demand for housing has continued to grow, making it a desirable location for both first-time homebuyers and those looking to invest in vacation properties.

The market dynamics indicate a balanced environment, where homes are appreciating steadily, but there's still availability for various budget ranges. The community allure and surrounding recreational options are major factors in driving the market performance.

Home Value Estimator For Garfield, MN

There are currently 673 real estate properties in Garfield, MN, with a median automated valuation model (AVM) price of $405,070.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garfield, 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 Garfield, MN, is $455,466.00, with the most expensive house in Garfield, MN, topping out at $7,620,700.00 and the cheapest home in Garfield, MN, clocking in at $14,763.00. In other words, there’s something for every potential homebuyer or savvy investor in Garfield, MN!

Rent Prices In Garfield, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garfield, MN, is on a rollercoaster ride. The average rent price in Garfield, MN, is $1,667.00. Indeed, when looking to rent in Garfield, MN, you can expect to pay as little as $790.00 or as much as $2,920.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Garfield, 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.

Garfield, MN 56332 Foreclosures


Market Trend for Garfield, MN

Total Listings Available: 1

Market Values:

Home Prices from $14,763 to $7,620,700

Average Sales Price: $455,466

Rental Values:

Rental from $790 to $2,920

Average Rent Value: $1,667 / month

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