Real Estate Price Maphome prices by county

Gem Lake, MN home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

Gem Lake, MN is rising, a premium-priced area.

Momentum+1.2%Rising
Vs typical+109%Premium

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2000: $281,380 → today: $623,045 (2.2×)

Typical home value
$623,045
Zillow ZHVI
Since 2000
+121.4%
Rank in MN
#24
of 695 cities

Market read

At $623,045, homes in Gem Lake are 109% above the typical MN city ($297,470), ranking #24 of 695 we track in the state.

Prices are up 1.2% over the last year.

Gem Lake sits in Ramsey County — see the full county market data →

Home value history

Zillow Home Value Index, yearly.

Other cities in Minnesota

Minnetonka Beach · Greenwood · Woodland · Sunfish Lake · Medicine Lake · Orono

Frequently asked questions

What is the average home price in Gem Lake, MN?
The typical Gem Lake, MN home is worth $623,045 — 109% above the typical Minnesota city ($297,470).
Are home prices in Gem Lake rising?
Gem Lake home values have risen +121.4% since 2000, and moved +1.2% in the last year.
What county is Gem Lake in?
Gem Lake is in Ramsey County, where you can see full county market data.
Gem Lake, MN home value by year
YearGem Lake, MN home value
2000$281,380
2001$314,073
2002$339,964
2003$381,117
2004$407,647
2005$441,241
2006$441,508
2007$423,340
2008$392,831
2009$361,630
2010$346,526
2011$312,059
2012$324,924
2013$354,366
2014$371,764
2015$373,316
2016$379,718
2017$407,887
2018$423,733
2019$436,077
2020$477,709
2021$538,118
2022$578,505
2023$586,075
2024$598,726
2025$615,931
2026$623,045