House Prices

House Prices & Home Values Garfield, MN 2026


Average Data

average house price$357,129
average size per house2348 ft²
average price per ft²153 $ / ft²

05/22/2026 - The value range (VR) for house prices in Garfield, MN is $164/ sqft to $164/ sqft. An average home with 2348 sqft costs approximately $385,072 to $385,072. Garfield, MN includes 1 ZIP codes and it is located in Douglas county. The lowest prices are found in ZIP 56332, while the highest are in ZIP 56332. The average price per sqare feet is $153. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Garfield

56332170 $ / ft²




Historical development of home values in Garfield

Year Estimated value (USD) Change vs. 2025
2010 $165,857 -53.6%
2011 $159,443 -55.4%
2012 $159,014 -55.5%
2013 $164,958 -53.8%
2014 $173,160 -51.5%
2015 $182,047 -49.0%
2016 $191,548 -46.4%
2017 $201,886 -43.5%
2018 $213,048 -40.3%
2019 $222,926 -37.6%
2020 $234,451 -34.4%
2021 $266,662 -25.3%
2022 $310,868 -13.0%
2023 $327,825 -8.2%
2024 $346,790 -2.9%
2025 $357,129 0.0%

Graph: estimated home values in Garfield over time (USD)



Example: 100% financing house in Garfield

Loan amount: $357,129

Interest rate: 6.00%

Fixed monthly payment: $2,141.17

Breakdown in the 1st month:
Interest portion: $1,785.65  –  Principal portion: $355.52

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,308.44 $4,385.59 $352,743.41
2 $21,037.95 $4,656.08 $348,087.33
3 $20,750.77 $4,943.26 $343,144.08
4 $20,445.88 $5,248.15 $337,895.93
5 $20,122.19 $5,571.84 $332,324.09
6 $19,778.53 $5,915.50 $326,408.60
7 $19,413.67 $6,280.35 $320,128.24
8 $19,026.31 $6,667.71 $313,460.53
9 $18,615.06 $7,078.96 $306,381.57
10 $18,178.45 $7,515.58 $298,865.99
11 $17,714.90 $7,979.12 $290,886.87
12 $17,222.77 $8,471.26 $282,415.62
13 $16,700.28 $8,993.74 $273,421.87
14 $16,145.57 $9,548.46 $263,873.41
15 $15,556.64 $10,137.39 $253,736.03
16 $14,931.39 $10,762.64 $242,973.39
17 $14,267.57 $11,426.45 $231,546.94
18 $13,562.81 $12,131.21 $219,415.72
19 $12,814.59 $12,879.44 $206,536.28
20 $12,020.21 $13,673.82 $192,862.47
21 $11,176.84 $14,517.19 $178,345.28
22 $10,281.45 $15,412.57 $162,932.71
23 $9,330.84 $16,363.19 $146,569.52
24 $8,321.59 $17,372.43 $129,197.08
25 $7,250.10 $18,443.93 $110,753.16
26 $6,112.52 $19,581.51 $91,171.65
27 $4,904.77 $20,789.25 $70,382.39
28 $3,622.54 $22,071.49 $48,310.91
29 $2,261.22 $23,432.81 $24,878.09
30 $815.93 $24,878.09 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Garfield, MN


1500 sqft3900 sqft
Ø selling price$277,696$590,733
Ø fast selling$252,451$531,660
Ø high price sale$302,940$649,807

In 2026, houses in Garfield, MN will be offered at an average price of $153 per square foot. A 1,500 sqft home priced at $277,696 is 23.71% more expensive per square foot than a 3,900 sqft home priced at $590,733. Home prices in Garfield, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $408,970. Sellers who can wait longer may achieve a higher price of up to $499,852.


Garfield, MN: Small-Town Charm in Douglas County

Location & Overview

Garfield, MN is a friendly small city in Douglas County just west of Alexandria along Minnesota State Highway 27.

The community offers small-town living with easy access to the Alexandria lakes area and regional services.

Outdoor Recreation

The Central Lakes Trail runs through the area, inviting scenic biking, walking, and winter recreation.

Nearby lakes and parks provide fishing, boating, birding, and four-season outdoor fun across the Alexandria area.

Community & Amenities

Local businesses, cafes, and everyday services anchor a compact downtown that reflects Garfield?s welcoming character.
Community events and neighboring attractions in Alexandria offer family-friendly entertainment, arts, and dining options.

Schools & Services

Families benefit from access to reputable Alexandria?area schools, libraries, and youth programs.

Housing in Garfield, Minnesota ranges from classic small-town homes to newer builds, with attractive values compared to larger cities.

Getting There & Living

Travelers reach Garfield via State Highway 27, with quick connections to I?94 for trips to the Twin Cities and other Upper Midwest destinations.

Whether you are planning a move, a trail ride, or a quiet weekend, Garfield, MN offers a peaceful base with room to explore.



FAQ – Home Values in Garfield

What is the median home value in Garfield in 2026?

In 2026, the typical home value in Garfield is about $357,129 for an average home size of 2348 square feet. This corresponds to an average price of roughly $153 per square foot.

What is the average cost per square foot in Garfield?

In 2026, homes in Garfield sell for an average of around $153 per square foot, with a typical range between $164 and $164 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Garfield is about 2348 square feet, with an estimated 2026 value around $357,129.



Locations close to Garfield, MN

Glenwood, MN164 $ / ft²
Greenwald, MN180 $ / ft²
Grey Eagle, MN260 $ / ft²
Freeport, MN131 $ / ft²
Foreston, MN179 $ / ft²
Foley, MN131 $ / ft²
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