Garfield, MN housing market
The typical Garfield home is worth about $369,000, up 3.3% in a year, 5% above the Minnesota typical home.
Home values, sales, trends and how Garfield compares with the towns next door — updated as new data is published.
Garfield at a glance
Typical home value, 2016–2026
Show as a table
| January | Garfield | Minnesota |
|---|---|---|
| 2017 | $214,000 | $217,000 |
| 2018 | $223,000 | $232,000 |
| 2019 | $233,000 | $246,000 |
| 2020 | $247,000 | $259,000 |
| 2021 | $275,000 | $282,000 |
| 2022 | $303,000 | $313,000 |
| 2023 | $317,000 | $325,000 |
| 2024 | $339,000 | $331,000 |
| 2025 | $354,000 | $341,000 |
| 2026 | $362,000 | $349,000 |
| August 2026 | $369,000 | $351,000 |
No new homes permitted in 2025
No permits for new homes were issued in Garfield in 2025. The last year with any was 2024 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $520,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $150,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 2 | 2 | 0 | $230,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $200,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 2 | 2 | 0 | $260,000 |
| 2005 | 2 | 2 | 0 | $250,000 |
| 2004 | 4 | 4 | 0 | $500,000 |
| 2003 | 2 | 2 | 0 | $240,000 |
| 2002 | 7 | 7 | 0 | $525,000 |
| 2001 | 1 | 1 | 0 | $100,000 |
| 2000 | 2 | 2 | 0 | $200,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Garfield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Garfield | $369K | +3.3% | $1,070 | 0 | $56,696 |
| La Grand | — | +4%† | $1,010 | — | $94,122 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Garfield is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Garfield pay a median of $481, so moving in tends to cost more than staying put.
Studio $800 · 4 bedrooms $1,560
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56332; Douglas County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.