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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 $311,261.
In Garrison, MN, how many homes are available?
There are currently 4 active home listings available in Garrison.
What’s the average rental cost in Garrison, MN?
The average rental price in Garrison is $1,260.
What is the most expensive home in Garrison?
The most expensive home sold in Garrison had a price of $3,839,300.
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, Minnesota is a charming small town located on the shores of Mille Lacs Lake, renowned for its stunning waterfront views and abundant outdoor activities. The town is part of Crow Wing County and offers a serene lifestyle that is perfect for families and retirees alike. With a close-knit community atmosphere, residents enjoy a variety of local amenities and access to recreational opportunities such as fishing, boating, and hiking.

Current Market Conditions in Garrison, MN

The real estate market in Garrison, MN has seen an increase in activity over the last year, primarily driven by demand for vacation homes and primary residences near Mille Lacs Lake. With the area's appeal as a getaway spot, home prices have begun to rise modestly as more individuals seek properties away from the bustling urban centers.

There is a steady influx of interest in properties in Garrison, with many houses being sold quickly as buyers are attracted to both the natural beauty and the tight-knit community feel. First-time homebuyers and retirees are particularly interested, contributing to a competitive market environment.

Home Value Estimator For Garrison, MN

There are currently 1,231 real estate properties in Garrison, MN, with a median automated valuation model (AVM) price of $267,000.00. 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 $311,261.00, with the most expensive house in Garrison, MN, topping out at $3,839,300.00 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 $1,260.00. 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: 4

Market Values:

Home Prices from $18,025 to $3,839,300

Average Sales Price: $311,261

Rental Values:

Rental from $490 to $2,360

Average Rent Value: $1,260 / month

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