Living in Garfield, MN
Garfield, MN is a small, charming town known for its tight-knit community and proximity to beautiful natural landscapes. Residents enjoy a peaceful and quiet lifestyle while having access to necessary amenities and quality education. The town offers various outdoor activities that cater to families and nature enthusiasts alike.
Current Market Conditions in Garfield, MN
Currently, the real estate market in Garfield, MN shows a steady demand for homes, driven by both families and retirees seeking a tranquil lifestyle. Prices have remained relatively stable, making it an appealing market for investors looking for properties with potential for appreciation over time.
There is a clear trend towards remote living, influenced by the desire for spacious homes and access to nature, which has increased interest in properties in Garfield. This trend reflects a broader shift in consumer preferences, making it a prime opportunity for real estate investment.
Home Value Estimator For Garfield, MN
There are currently 666 real estate properties
in Garfield, MN,
with a median automated valuation model (AVM) price
of $388,301.00. 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 $426,509.00, with the most expensive house
in Garfield, MN, topping out
at $1,987,165.00 and the cheapest home
in Garfield, MN,
clocking in at $13,820.00. 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 $1,664.00. 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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