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GARFIELD, MN 56332

Real Estate Market Report  ·  Douglas County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
1
100% pending ratio
Median Price
$210,000
⇩ 92.2% vs $2,697,500 last year
Average Price
$210,000
⇩ 92.2% vs $2,697,500 last year
Days on Market
121
⇩ 10.4% vs 135 days last year

Market Context

Population: 1,639  ·  Density: 12.1/mi²  ·  Median household income: $87,361

Typical home value: $265,035  ·  Homeownership: 92.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GARFIELD, MN real estate market (56332) currently shows 1 active listings, with 1 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 121 days on market compared to 135 days last year.

The median listing price has fallen 92.2% year-over-year, from $2,697,500 to $210,000.

Whether you are buying or selling in GARFIELD, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 3 last year
  • Days on market: 121 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $210,000 (-92.2% YoY)
  • Average: $210,000 (-92.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.7 miles — 140 listings ($66,622,216 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56332Garfield, MN 563320.0 mi1$210,000$210,000$210,000
56308Alexandria, MN 563088.8 mi86$45,347,800$449,950$527,300
56354Miltona, MN 5635412.7 mi3$1,995,000$665,000$665,000
56343Kensington, MN 5634315.5 mi1$359,900$359,900$359,900
56361Parkers Prairie, MN 5636115.5 mi6$2,565,000$339,000$427,500
56349Lowry, MN 5634917.0 mi1$395,000$395,000$395,000
56524Clitherall, MN 5652417.3 mi6$3,911,760$329,000$651,960
56360Osakis, MN 5636019.4 mi11$3,871,681$300,000$351,971
56446Eagle Bend, MN 5644622.6 mi2$448,900$224,450$224,450
56385Villard, MN 5638523.4 mi3$403,350$134,450$134,450
56551Henning, MN 5655124.2 mi8$2,741,400$264,000$342,675
56323Cyrus, MN 5632325.6 mi3$617,850$205,950$205,950
56381Starbuck, MN 5638128.7 mi9$3,754,575$355,000$417,175

Frequently Asked Questions

How many homes are for sale in GARFIELD, MN 56332?

As of January 2026, there are 1 active listings in GARFIELD, MN (zip code 56332), compared to 3 the prior year.

What is the median home price in GARFIELD, MN 56332?

The median listing price in GARFIELD, MN 56332 is $210,000 as of January 2026, a 92.2% decrease from $2,697,500 the prior year.

How long do homes stay on the market in GARFIELD, MN?

Homes in GARFIELD, MN 56332 spend an average of 121 days on the market before going under contract, compared to 135 days the prior year.

Is it a seller's or buyer's market in GARFIELD, MN 56332?

Based on current inventory and days-on-market data as of January 2026, GARFIELD, MN 56332 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 121 days on market compared to 135 days last year.

How much can I save on real estate commission in GARFIELD, MN?

With SELL123.com's maximum 3% commission, sellers in GARFIELD, MN 56332 save an estimated $4,200 compared to a typical 5% commission on the median listing price of $210,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.