Zip 56332 (Garfield, MN) Housing

In 56332 Garfield, MN, the median housing value is $318,100 which is slightly lower than the US median housing value of $338,100. However, house appreciation over the past year in 56332 Garfield has been 7.75%, slightly lower than the US 1 year house appreciation rate of 8.27%. This suggests that 56332 Garfield remains a desirable and affordable area for homebuyers despite having a slightly lower median housing value than the national average.

The median home cost in Garfield (zip 56332) is $318,100. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Garfield (zip 56332) is up 13.6%.

Average Age of Homes

- The median age of Garfield (zip 56332) real estate is 35 years old

The Rental Market in Garfield (zip 56332)

- Renters make up 4.6% of the Garfield (zip 56332) population
- 0.5% of houses and apartments in Garfield (zip 56332), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Garfield, Minnesota	United States
	813.0	139,647,020.0
	41	42
	$318,100	$338,100
	13.6%	16.6%
	50.2%	57.0%
	77.8%	101.1%
	$8.61	$10.98
	$2,199	$2,690
	78.1%	57.4%
	15.6%	11.2%
	6.3%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	11.7%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.3%	2.4%
	1.3%	2.8%
	0.5%	3.9%
	5.2%	4.5%
	15.1%	11.3%
	7.7%	13.0%
	32.8%	20.1%
	19.2%	13.6%
	11.3%	8.3%
	3.9%	9.7%
	0.6%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.0%	13.6%
	22.0%	13.6%
	7.7%	13.6%
	13.5%	13.2%
	15.0%	14.8%
	7.7%	13.6%
	8.1%	10.0%
	4.3%	4.7%
	17.3%	12.2%

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