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Foreclosure Homes in Garrison, MN 56450

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Garrison, MN Foreclosures

How much do homes sell for in Garrison, MN?
The average home price is currently $312,511.
In Garrison, MN, how many homes are available?
There are currently 2 active home listings available in Garrison.
What’s the average rental cost in Garrison, MN?
The average rental price in Garrison is $1,262.
What is the most expensive home in Garrison?
The most expensive home sold in Garrison had a price of $4,004,000.
What is currently the cheapest priced home in Garrison, MN?
The cheapest home for sale in Garrison is priced at $18,025.

Living in Garrison, MN

Garrison, MN, is a picturesque small town nestled by Mille Lacs Lake, known for its outdoor recreational opportunities and strong sense of community. The area offers a range of activities from fishing to hiking, making it a perfect getaway for nature lovers. Residents enjoy a peaceful lifestyle with easy access to necessary amenities.

Current Market Conditions in Garrison, MN

The current real estate market in Garrison shows steady demand for properties, with a mix of seasonal cabins and year-round homes. The resurgence in interest for rural properties has increased prices by about 5% over the past year, indicating a stable but competitive market for buyers.

Investors are particularly drawn to Garrison due to its location near Mille Lacs Lake, which is a popular tourist destination. Properties close to the water are fetching premium prices, while more inland properties remain accessible for first-time homebuyers.

Home Value Estimator For Garrison, MN

There are currently 1,209 real estate properties in Garrison, MN, with a median automated valuation model (AVM) price of $266,709.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garrison, 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 Garrison, MN, is $312,511.00, with the most expensive house in Garrison, MN, topping out at $4,004,000.00 and the cheapest home in Garrison, MN, clocking in at $18,025.00. In other words, there’s something for every potential homebuyer or savvy investor in Garrison, MN!

Rent Prices In Garrison, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garrison, MN, is on a rollercoaster ride. The average rent price in Garrison, MN, is $1,262.00. Indeed, when looking to rent in Garrison, MN, you can expect to pay as little as $490.00 or as much as $2,360.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Garrison, 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.

Garrison, MN 56450 Foreclosures


Market Trend for Garrison, MN

Total Listings Available: 2

Market Values:

Home Prices from $18,025 to $4,004,000

Average Sales Price: $312,511

Rental Values:

Rental from $490 to $2,360

Average Rent Value: $1,262 / month

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