Garfield, MN Foreclosures
Current Market Conditions in in Garfield, MN As of February 2026?
Over the past month, Garfield has seen a slight increase in home prices, with an average rise of about 2%. The demand for homes in this serene area has continued to grow, driven by its appeal to remote workers and families seeking tranquility away from larger metropolitan areas. The combination of limited inventory and increased interest has propelled the market forward, with homes selling more quickly compared to previous months. Sellers feel optimistic, while buyers need to act promptly if they want to secure a property.
How much do homes sell for in Garfield, MN?
The average home price is currently $431,728.
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 $1,662.
What is the most expensive home in Garfield?
The most expensive home sold in Garfield had a price of $7,716,200.
What is currently the cheapest priced home in Garfield, MN?
The cheapest home for sale in Garfield is priced at $13,801.
Living in Garfield, MN
Garfield, MN is a small, welcoming town characterized by its beautiful natural surroundings and tight-knit community. It offers a blend of outdoor activities and essential amenities, providing a tranquil environment for families and retirees. With a focus on community and nature, Garfield is an attractive place for those looking to escape the hustle of city life.
Buyer vs Seller Market in Garfield, MN
The real estate market in Garfield, MN, has seen an upward trend over the last few months. With low inventory levels and increasing buyer demand, the housing prices have stabilized and even begun to creep upwards. Many homes are being purchased quickly, often with multiple offers, particularly for those that are well-maintained and in nice locations within the community.
In particular, the market for vacation homes and seasonal rentals around the lakes in and near Garfield has become strong as buyers recognize the opportunity to invest in properties that offer both relaxation and potential income. With people increasingly looking to escape urban living, Garfield's proximity to nature and recreational opportunities makes it an appealing option.
Home Value Estimator For Garfield, MN
There are currently 789 real estate properties
in Garfield, MN,
with a median automated valuation model (AVM) price
of $390,907.00. 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 $431,728.00, with the most expensive house
in Garfield, MN, topping out
at $7,716,200.00 and the cheapest home
in Garfield, MN,
clocking in at $13,801.00. 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 $1,662.00. 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.
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