Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 0 | 0 | 1 | 5 |
Acreage buckets
The median price for land in Garfield, Minnesota is currently $16K per acre. For a typical parcel, the median sale price is $106K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $34K while premium lots reached $456K.
The 12-month rate is 10.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Garfield, Minnesota saw 5 properties sold, totaling $989K in sales volume.
The median land price in Garfield, Minnesota stands at $106K. This translates to roughly $16K per acre for the typical parcel size. The average price is $198K, indicating some higher-priced properties pulling up the average.
There are currently 4 active listings in Garfield, Minnesota. 3 new listings have hit the market in the last 90 days. The median asking price is $175K.
Land in Garfield, Minnesota averages $25K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 2.6 acres.
The top-performing broker in this market is Counselor Realty Inc of Alex.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Garfield on LandyDandy.
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