Housing in 56132 Garvin, Minnesota is quite expensive, with a median value of $254,100. This is significantly lower than the US house median value of $338,100. However, over the past year, Garvin's housing market has seen a 9.54% appreciation rate - higher than the 8.27% appreciation rate across the US. This suggests that even though the housing may be on the high end compared to other areas in the country, it is still a sound investment for potential buyers and could represent an opportunity for people looking to buy a home.
The median home cost in Garvin (zip 56132) is $254,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Garvin (zip 56132) is up 14.7%.
Average Age of Homes
- The median age of Garvin (zip 56132) real estate is 46 years old
The Rental Market in Garvin (zip 56132)
- Renters make up 7.0% of the Garvin (zip 56132) population
- 0.0% of houses and apartments in Garvin (zip 56132), 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.