Housing in 56450 Garrison, MN is a great investment. The median value of housing in the area is $261,700, which is significantly lower than the US house median value of $338,100. In the past year, there has been an 8.27% increase in house values nationally and a whopping 12.38% appreciation in 56450 Garrison, MN. This makes investing in the real estate market here a smart move for buyers who want to see their investments grow over time.
The median home cost in Garrison (zip 56450) is $261,700. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Garrison (zip 56450) is up 20.4%.
Average Age of Homes
- The median age of Garrison (zip 56450) real estate is 36 years old
The Rental Market in Garrison (zip 56450)
- Renters make up 6.9% of the Garrison (zip 56450) population
- 0.8% of houses and apartments in Garrison (zip 56450), 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.