Comprehensive market data and analysis• Updated Dec 2025
6.7 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 4 | 12 | 17 |
| 1-2 acres | - | - | 2 | 2 |
| 2-5 acres | 1 | 2 | 3 | 3 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 2 | 2 | 2 |
| 50-100 acres | - | 1 | 2 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 9 | 22 | 27 |
Acreage buckets
The median price for land in Garrison, Minnesota is currently $24K per acre. For a typical parcel, the median sale price is $28K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $218K.
Garrison, Minnesota is currently a balanced market with 6.7 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 182.0% year-over-year.
Garrison, Minnesota currently has 6.7 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The 3-month absorption rate in Garrison, Minnesota is 15.0%. The 12-month rate is 11.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Garrison, Minnesota saw 27 properties sold, totaling $1.9M in sales volume. In just the last 3 months, 9 properties changed hands.
The median land price in Garrison, Minnesota stands at $28K. This translates to roughly $24K per acre for the typical parcel size. The average price is $69K, indicating some higher-priced properties pulling up the average.
There are currently 20 active listings in Garrison, Minnesota. 5 new listings have hit the market in the last 90 days. The median asking price is $27K.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
