Current Price

$364,101

1 Month Forecast

â–² $369,586

1-Year Forecast *

â–² $380,648

5-Year Forecast *

â–² $417,502

"Is it a good time to buy homes in Garfield?" "Does investing in real estate in Garfield (Minnesota State, Douglas County) worth it?" According to our live Forecast System, buying a house in Garfield is a not so good short-term (1-year) investment*. The Garfield average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Garfield" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Garfield in Minnesota State, Douglas County. If you are looking for homes for sale with good flipping profit, Garfield can be a profitable property investment option. The median price of an average house in Garfield was 364,101 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Garfield" area is 417,502 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +14.67% meaning that investing 100000 USD today may yield a profit of 14,667 USD by 2031.

Current Median Listing Price: 364,101 USD Median Listing Price Per Square Foot: 202 USD

Garfield Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Garfield (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Garfield Price Target

Garfield median home price target in 12 months: $380,648* (upside of 4.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $365,490 $368,159 $365,490 $368,159
2024 $350,366 $364,101 $350,226 $364,101
2023 $327,733 $350,836 $327,733 $350,836
2022 $312,704 $328,672 $312,704 $333,957
2021 $284,321 $308,442 $284,321 $308,442
2020 $255,420 $280,069 $255,420 $280,069
2019 $241,119 $254,051 $241,119 $254,051
2018 $229,909 $239,237 $229,587 $239,237
2017 $221,421 $229,987 $221,421 $229,987
2016 $210,160 $220,596 $210,160 $220,596
2015 $195,617 $208,514 $195,617 $208,514
2014 $187,538 $195,190 $187,538 $195,190
2013 $178,673 $187,724 $178,673 $187,724
2012 $166,337 $177,922 $166,337 $177,922

Questions & Answers about the Garfield Housing Market Forecast

How much does an average home cost in Garfield today?

The value of an average home (the listing price) in Garfield is $364,101 USD.

What is the average price per square foot in Garfield?

According to Walletinvestor the median price per square foot in Garfield is 202 USD.

Will the median listing price of homes in Garfield grow / rise / go up?

Yes. The Garfield home prices may rise from 364,101 USD to 380,648 USD in one year.

Is it profitable to invest in Garfield homes?

Yes. The long-term profit potential is +4.54% in one year.

Will Garfield house prices fall / drop?

No. See above.

What is the predicted price of a Garfield home in 2030?

The predicted home sales price of a Garfield home in 2030 in Garfield is 407,964 USD.

What is the predicted price of a Garfield home in 2035?

The predicted home sales price of a Garfield home in 2035 in Garfield is 463,944 USD.

Will real estate prices decrease in Garfield?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Garfield is the 14440. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Douglas, Garfield decreased, looking at the past 12 months.

According to Walletinvestor's Garfield real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.585% to 364,101 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 5.255% in 2021
  • 5.605% in 2022
  • 4.025% in 2023
  • 5.125% in 2024
  • 5.135% in 2025
  • 5.505% in 2026

Based on our Garfield real estate market research and report the predicted sales prices will increase by 55.965% in the next 10 years.

Over the last 12 months, the value of homes in Garfield fluctuated: increasing 2 times and decreasing 2 times.

Garfield (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Garfield Housing Market Forecast with Real Estate Prices for 2025
August 2025 369586 348150 391022
September 2025 371019 349129 392909
October 2025 372457 348247 396667
November 2025 373901 346232 401569
December 2025 374885 348643 401127
Garfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 374120 355414 392826
February 2026 373356 338634 408078
March 2026 374803 352315 397292
April 2026 376256 346908 405604
May 2026 377715 342587 412842
June 2026 379179 347328 411030
July 2026 380648 352480 408816
August 2026 382124 350790 413458
September 2026 383605 362890 404320
October 2026 385092 354670 415514
November 2026 385460 347685 423235
December 2026 384967 349935 419999
Garfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 384182 348453 419911
February 2027 383398 348508 418287
March 2027 382615 353536 411694
April 2027 381834 362360 401307
May 2027 381055 344473 417636
June 2027 382087 352284 411890
July 2027 383568 359787 407350
August 2027 385055 357331 412779
September 2027 386548 356010 417085
October 2027 388046 365151 410941
November 2027 389550 368125 410975
December 2027 391060 370725 411395
Garfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 392576 361955 423197
February 2028 393029 366303 419755
March 2028 393656 365313 421999
April 2028 393827 372166 415487
May 2028 393299 371274 415324
June 2028 393142 364049 422234
July 2028 394666 359541 429791
August 2028 396196 356576 435815
September 2028 397731 375061 420402
October 2028 398995 379045 418945
November 2028 400158 365745 434572
December 2028 401091 371009 431173
Garfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 401418 362882 439954
February 2029 402594 367166 438022
March 2029 404052 373748 434356
April 2029 405618 384121 427116
May 2029 407167 381922 432411
June 2029 408745 378089 439401
July 2029 407964 369208 446721
August 2029 407667 386061 429274
September 2029 407636 384401 430871
October 2029 408638 383302 433973
November 2029 410100 378523 441678
December 2029 411690 378755 444625
Garfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 413286 385182 441389
February 2030 414888 389994 439781
March 2030 416496 385259 447733
April 2030 417593 390031 445154
May 2030 416740 389235 444245
June 2030 415890 378875 452904
July 2030 417502 391617 443387
August 2030 419120 396907 441333
September 2030 420744 379932 461557
October 2030 422375 392809 451942
November 2030 424012 389243 458782
December 2030 425656 385644 465668
Garfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 427306 397394 457217
February 2031 428962 388211 469714
March 2031 429372 407474 451270
April 2031 428823 407382 450265
May 2031 427948 388149 467747
June 2031 427075 394617 459532
July 2031 426203 401057 451349
August 2031 425333 390456 460210
September 2031 424465 383292 465638
October 2031 425615 400504 450726
November 2031 427265 397356 457173
December 2031 428921 388602 469240
Garfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 430584 387956 473211
February 2032 432253 407182 457323
March 2032 433928 400950 466907
April 2032 435610 406860 464360
May 2032 437298 402752 471845
June 2032 437803 397963 477643
July 2032 438502 402106 474897

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.