Garrison, MN housing market
The median sale price was $455,000 in March 2026.
Home values, sales, trends and how Garrison compares with the towns next door — updated as new data is published.
Garrison at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
1 new home permitted in 2025
Builders were permitted 1 new home in Garrison in 2025. Over the past 10 years, Garrison has permitted 14 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Garrison's population fell by 16 even though 5 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $273,000 |
| 2025 | 1 | 1 | 0 | $273,000 |
| 2024 | 1 | 1 | 0 | $273,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $547,000 |
| 2021 | 4 | 4 | 0 | $979,000 |
| 2020 | 1 | 1 | 0 | $40,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 5 | 5 | 0 | $1 million |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 2 | 2 | 0 | $150,000 |
| 2007 | 1 | 1 | 0 | $150,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $90,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $90,000 |
| 2002 | 4 | 4 | 0 | $250,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Garrison's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Garrison is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $850 · 4 bedrooms $1,790
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56450; Mille Lacs County, MN HUD Metro FMR Area), 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. Sales, days on market and supply: Redfin Data Center, March 2026. 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.