$475,000
900 SqFt
2 Beds
•1 Bath
Listing Office: Sandelands Realty
October 2024
Report Updated 2 Days Ago
Is Garrison, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Garrison has remained a Neutral Market.
How much do homes in Garrison, MN cost?
$270,500
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Garrison was $270,500 in October 2024, up 12.7% from last year, and the median price per square foot was $189.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.9K | $110K | -38.9% |
2 Bedrooms | $190K | $260K | +36.8% |
3 Bedrooms | $270K | $302.5K | +12.0% |
4 Bedrooms | $365K | $330K | -9.6% |
5+ Bedrooms | $511.5K | $419K | -18.1% |
Summary: Garrison housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 18.1%.
Garrison Township | $255K | $295K | +15.7% |
Garrison | $240K | $270.5K | +12.7% |
How many homes are available in Garrison, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Summary: The Garrison real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Garrison housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Garrison in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Garrison, MN?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
14 Days | 91 Days | +550.0% |
Summary: Homes in Garrison had an average of 91 days on market in Oct 2024, up by 550% compared to last year.
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During October 2024, 3 homes were sold in Garrison; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 2 Days Ago
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2022 - 11/01/2024
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