Gem Lake Housing Information - Census

IndexGem LakeMinnesotaNational
Median home price$295,500$191,500$184,700
Median rent asked$1,146$873$949
Avg. people per household2.62.42.6
Owner occupied households89.4%71.4%63.6%
Renter occupied households10.6%28.6%36.4%

Gem Lake Housing Information - Zillow

IndexGem LakeMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Gem Lake is 60% higher than the national average.
  • The median rent asked in Gem Lake is 21% higher than the national average.
  • The average number of people per household in Gem Lake is 1% lower than the national average.
  • The number of owner occupied households in Gem Lake is 41% higher than the national average.
  • The number of renter occupied households in Gem Lake is 71% lower than the national average.

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Compare Gem Lake, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hilltop, MN799$11,10094%
Landfall, MN793$13,20093%
South End, MN26$32,50082%
St. Anthony city (Stearns County), MN106$80,00057%
Willernie, MN554$136,10026%
Gem Lake, MN463$295,50060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bergman, AR463$88,50052%
Ramona, OK463$75,00059%
Monroe Center, IL463$130,30029%
Evening Shade, AR463$53,80071%
Launiupoko, HI463$1,500,000712%
Gem Lake, MN463$295,50060%
Source: The Gem Lake, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.