Garrison, MN Home Values & Market Trends

Real estate market trends reflect that there have been 6 transactions over the past year in Garrison. The median value for residential home transactions that occurred over the previous year is $296,338.5. The number of current listings in Garrison is 5, and the percentage of properties for sale in the city is 5.00%. Garrison, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.

Garrison, MN Real Estate Market Overview

ZipMedian Est. Value
56450

$ 321,546

$ 186/sqft

Housing Market Summary for Garrison, MN

Mar 2023February 2024Change
Median Listing Price$269.9K$269.9K-
Median Sold Price$108.5K$269.9K148.76%
Homes For Sale66-
Homes Sold85-37.50%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Garrison, MN

Garrison home values range from $22,642 to $1,954,207. The median estimated value of a home in Garrison is $296,338.5. The median list price of a home is 239,900, and the total count of properties in the city is 719.

Foreclosure
There is 1 zips within Garrison, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Garrison, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Garrison, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Garrison, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Garrison, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Garrison, MN. There is 1 zips within Garrison, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Garrison, MN. Auction homes and other auction properties account for 0% of all properties in Garrison, MN. There is 1 zips within Garrison, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.70% of residential properties in Garrison, MN with 56450 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Garrison, MN; homes for sale in that zips, have a range of median values from $369,900 in 56450 to the lowest value of $262,213 in 56450.
    Sold Homes
    The median value for recently sold homes ranges from $860,971 in 56450 to the lowest price of $151,440 in 56450. There is 1 zips within Garrison, MN. 56450 has 4 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.56% of properties in Garrison, MN.

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      Guide for Garrison, MN

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Foreclosure
      The Legal Rights of Tenants in Foreclosed Properties
      Investment Financing
      Creative Financing Options for Buyers of Pre-Foreclosure Homes
      Market Reports
      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      See More Articles
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      The Legal Rights of Tenants in Foreclosed Properties
      Foreclosure|posted 26 March 2024

      On overview of the essential legal rights that tenants have when residing in foreclosed properties.

      Creative Financing Options for Buyers of Pre-Foreclosure Homes
      Investment Financing|posted 26 March 2024

      Creative financing options for purchasing pre-foreclosure homes.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
      Market Reports|posted 25 March 2024

      A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.

      Recently Listed Homes Garrison, MN

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