Foreclosures in Garfield, MN 56332

Buyer vs Seller Market in Garfield, MN

Currently, the real estate market in Garfield is stable, showing a mix of modest price increases and consistent demand for single-family homes. The area appeals to buyers looking for affordable housing options in a tranquil setting. As more people seek escape from urban areas, Garfield's charm and affordability position it as an attractive option for new residents.

In recent months, there has been a notable increase in interest from first-time buyers and retirees seeking idyllic surroundings. The limited inventory of homes in the area has kept prices relatively steady, making it an opportune time for sellers looking to capitalize on the market.

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 $1,662.00. 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 $1,700.00. 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.