Garrison Housing Market Report March 2025•Crow Wing County, Minnesota

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Housing Prices in Garrison, MN

How much do homes in Garrison, MN cost?

Housing Market Conditions

Is Garrison, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Garrison is a Seller's Market

Difference Since February 2025

Last month, Garrison was a Neutral Market.

Insight

Garrison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$410,000$182/SqFt
+$217,500
+113.0%

Based on all homes sold in March 2025

Insight

Homes in Garrison have sold for 113% more than they did a month ago.

Summary: The median home sold price in Garrison was $410,000 in March 2025, up 113% from last month, and the median price per square foot was $182.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2$192.5K-
N/A
3-$315K
N/A
4-$479.9K
N/A
5-$459.9K
N/A

Summary: Garrison housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Garrison, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Garrison, MN

Housing supply in Garrison, MN

How many homes are available in Garrison, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
24Last MonthMar 2025
122 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

Summary: The Garrison real estate market had 24 homes for sale in Mar 2025, a 100.0 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMar 2025
22 months agoFeb 2025
+150.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
123
+50.0%
237
+133.3%
338
+166.7%
424
+100.0%
522
0.0%

Summary: Garrison housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +133.3%. The inventory for 3 bedroom homes increased by +166.7%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Garrison, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Garrison, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Garrison in March 2025, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and and 0% were sold over asking.

Days on Market for Garrison, MN

How long does it take to sell a home in Garrison, MN?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Garrison has remained consistent over time.

Summary: During March 2025, 5 homes were sold in Garrison; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
68 DaysLast MonthMar 2025
226 Days1 month agoFeb 2025
-69.8 %
Change MoMFeb – Mar

Summary: Homes in Garrison had an average listing age of 68 days in Mar 2025, down by 69.8% compared to the previous month.

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Newest Listings in Garrison, MN

What homes are available in Garrison, MN?

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 02/01/2025 - 04/01/2025

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Last updated on: 4/4/2025, 11:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.