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Gem Lake, MN real estate

Compare top Gem Lake real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Gem Lake real estate Market Report.

Information and statistics on the latest trends in the Gem Lake real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$505K
-24% from Q2 '26
Median list price
$774K
-33% from Q2 '26
Active listings
4
+100% from Q2 '26
Homes sold
1
-50% from Q2 '26
New pendings
2
No change from Q2 '26
New listings
2
No change from Q2 '26

Quarterly Pricing Trends for Gem Lake

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Gem Lake Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $700K Median sale price in Apr 2022 - Jun 2022: $415K Median sale price in Jul 2022 - Sep 2022: $700K Median sale price in Oct 2022 - Dec 2022: $580K Median sale price in Apr 2023 - Jun 2023: $658K Median sale price in Oct 2023 - Dec 2023: $653K Median sale price in Jan 2024 - Mar 2024: $754K Median sale price in Jul 2024 - Sep 2024: $640K Median sale price in Oct 2024 - Dec 2024: $435K Median sale price in Jan 2025 - Mar 2025: $720K Median sale price in Apr 2025 - Jun 2025: $1M Median sale price in Jul 2025 - Sep 2025: $738K Median sale price in Jan 2026 - Mar 2026: $715K Median sale price in Apr 2026 - Jun 2026: $664K Median sale price in Jul 2026 - Sep 2026: $505K Median list price in Oct 2021 - Dec 2021: $370K Median list price in Jan 2022 - Mar 2022: $730K Median list price in Apr 2022 - Jun 2022: $425K Median list price in Jul 2022 - Sep 2022: $695K Median list price in Jan 2023 - Mar 2023: $675K Median list price in Apr 2023 - Jun 2023: $660K Median list price in Oct 2023 - Dec 2023: $862K Median list price in Apr 2024 - Jun 2024: $700K Median list price in Jul 2024 - Sep 2024: $500K Median list price in Oct 2024 - Dec 2024: $260K Median list price in Jan 2025 - Mar 2025: $999K Median list price in Apr 2025 - Jun 2025: $535K Median list price in Jul 2025 - Sep 2025: $1.2M Median list price in Oct 2025 - Dec 2025: $735K Median list price in Jan 2026 - Mar 2026: $325K Median list price in Apr 2026 - Jun 2026: $1.2M Median list price in Jul 2026 - Sep 2026: $774K Oct 2021 - Dec 2021 Median sale price $700K Median list price $370K Jan 2022 - Mar 2022 Median sale price Unknown Median list price $730K Apr 2022 - Jun 2022 Median sale price $415K Median list price $425K Jul 2022 - Sep 2022 Median sale price $700K Median list price $695K Oct 2022 - Dec 2022 Median sale price $580K Median list price Unknown Jan 2023 - Mar 2023 Median sale price Unknown Median list price $675K Apr 2023 - Jun 2023 Median sale price $658K Median list price $660K Jul 2023 - Sep 2023 Median sale price Unknown Median list price Unknown Oct 2023 - Dec 2023 Median sale price $653K Median list price $862K Jan 2024 - Mar 2024 Median sale price $754K Median list price Unknown Apr 2024 - Jun 2024 Median sale price Unknown Median list price $700K Jul 2024 - Sep 2024 Median sale price $640K Median list price $500K Oct 2024 - Dec 2024 Median sale price $435K Median list price $260K Jan 2025 - Mar 2025 Median sale price $720K Median list price $999K Apr 2025 - Jun 2025 Median sale price $1M Median list price $535K Jul 2025 - Sep 2025 Median sale price $738K Median list price $1.2M Oct 2025 - Dec 2025 Median sale price Unknown Median list price $735K Jan 2026 - Mar 2026 Median sale price $715K Median list price $325K Apr 2026 - Jun 2026 Median sale price $664K Median list price $1.2M Jul 2026 - Sep 2026 Median sale price $505K Median list price $774K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Inventory in Gem Lake has shifted notably in this rolling three-month view, with active listings roughly doubling compared with a year ago and new listings also a little more than doubling. Even with just a handful of properties on the market, contract activity has kept pace, as pending sales are up by a similar percentage year over year, indicating that buyers are still engaging when homes are listed.

Prices are adjusting downward after recent peaks, with the typical home value down by about one-third from a year earlier in this three-month window. At the same time, sellers are cutting asking prices as the median list price has also dropped by about a third year over year, yet homes are still closing very close to asking with an average sale-to-list ratio around 99 percent.

Time on market tells a mixed story, as the median days on market has risen about 29 percent versus last year, but has fallen sharply compared with earlier this year, signaling that well-positioned homes are still finding buyers. No recent sales have closed above list price, which underscores how buyers now have a bit more leverage even though the broader gauge still describes conditions as a seller’s market, and Agent Pronto can connect both buyers and sellers with an agent who understands these dynamics.



Learn more about what Gem Lake has to offer.

Gem Lake offers residents a serene lakeside lifestyle, a tight-knit community, and convenient access to outdoor recreation and essential amenities.

Gem Lake is a small, primarily residential community just northeast of Saint Paul, offering quick access to major routes yet a calm, low-traffic feel. With a population of only a few hundred residents, it appeals to people who want elbow room, larger lots, and easy connections to nearby employment centers.

Daily convenience is anchored by nearby shopping and services along County Road E and Highway 61, including supermarkets, fitness options, and dining. Families often look to the White Bear Lake Area Schools, such as White Bear Lake Area High School and Otter Lake Elementary, which serve Gem Lake and surrounding neighborhoods. For outdoor time, residents enjoy access to Tamarack Nature Center, with year round programs and trails, and nearby Keller Regional Park along the chain of lakes to the south.

Urban amenities are close at hand. Downtown Saint Paul, with attractions like CHS Field and the Saint Paul Public Library, is a straightforward drive, and neighboring communities such as Maplewood and White Bear Lake broaden your options for dining, healthcare, and entertainment.

Because Gem Lake is small and zoning is varied, market conditions can differ block to block. A knowledgeable local agent can clarify realistic pricing, timing, and competition, helping buyers secure the right property and helping current residents sell with less stress. Agent Pronto connects both buyers and sellers with the right Gem Lake real estate professional to make that process smoother.

Find your Gem Lake real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“Working with Tim was an outstanding experience! Selling our home while preparing for a cross-country move was a huge undertaking, especially with the tight timeline we were working against. From our very first conversation, Tim helped us understand the process, set realistic expectations, and feel confident in our decisions. As sellers who had never been through the selling process before, we especially appreciated his patience and willingness to walk us through every step. He was always available to answer questions, kept us updated, and helped us navigate the unexpected challenges that came up along the way. Tim truly understood how important our timeline was and worked hard to help us get our house sold so we could start our next chapter in Florida. His knowledge, responsiveness, and genuine commitment to his clients made what could have been an incredibly stressful experience so much easier. We can’t thank Tim enough for everything he did to help make our move possible. We highly recommend him to anyone looking for a knowledgeable, trustworthy, and dedicated realtor!”

Katie Ames ·

Photo of Tim Schepers
Park Street Realty
“Angel was an excellent realtor. This was our first time buying a home. Angel was always available with answers to our home-buying questions. Angel is professional, punctual, and offers advice with the buyer's interest in mind. I would highly recommend Angel to my family and friends. I am open to working with Angel again in the future if the opportuniy arose.”

Ted Cullen ·

Photo of The Minnesota Real Estate Team
RE/MAX Advantage Plus
“Raleigh was amazing! She helped make the process go smooth and quick. She made sure I had all my questions answered and advocated on my behalf for any issues we had with the property. I would recommend her to anyone looking to buy!”

beccacarlson13 ·

Photo of Brian Scates
Scates Real Estate
“We are extremely happy with the job Erin did helping us sell our home! She was tenacious, dedicated, and always willing to go the extra mile to get the job done. She stayed on top of every detail and never gave up, even in this challenging market. Her professionalism, persistence, and commitment made a real difference throughout the process. We had such a great experience working with Erin that we have recommend her to our children. Erin is a realtor who cares about her clients and will work for the best possible outcome. We highly recommend Erin!”

jsmrstick ·

Photo of Erin Smiler
Real Brokerage - Grey Duck Properties
“Jordan was great to work with! He was incredibly knowledgeable and genuinely cared about helping us find the right home. In a tough housing market, he stayed positive, patient, and made time to tour multiple houses with us until we found the right fit. He’s a great guy, fun to be around, and truly made the process a better experience. We highly recommend Jordan to anyone looking to buy a home!”

Maggie ·

Photo of Jordan Eatherton
Pemberton RE
“max did such an amazing job, helping us find a home and he was also very patience with us. we are so grateful for everything that he was done for my family once again thank you max for everything you did for us!!!!!!!! we really appreciate all your hard work.”

Denise Pirin ·

Photo of Obvious Real Estate
eXp Realty Obvious Real Estate
“Ryan provided such a wonderful real estate experience for us which all started at the early stages of planning prior to listing our White Bear Lake, MN home. During the early planning stages Ryan provided recommendations and offered guidance to market our home in this unique real estate market. After a few months of planning we listed our home with Ryan and it SOLD in just a couple days. During this time we still had not found our next home to purchase. Within a short period of time and with Ryan's large network we were notified of a new listing coming up. In a matter of a couple days we had signed and had a closing date on our NEW home that we plan to raise our family in. Ryan's truly responsible for making our experience so positive and stress free. Since closing we have recommended Ryan to friends and family. If you are looking for a top-notch real estate professional I would recommended looking no further and start your own experience with him.”

Barbara Ladd · White Bear Lake, MN

Photo of Ryan Mann
Coldwell Banker Realty
“Justin was great. He found us houses with our specific needs such as large yard with a fence and in our price range and the area we were looking for. I would recommend him to everyone looking to buy. Always answered a call or email was instrumental in our negotiations and now we are happily in our new home! Thank you Justin.”

cga0703 ·

Photo of Justin Handt
Coldwell Banker Realty
“My realtor Kate Michaels was fantastic. My house sold over asking in only a couple weeks! She was always available to answer my questions and made me feel so comfortable throughout the process. I look forward to working with her again on the next one!”

libbywarren7 ·

Photo of John Schuster
Coldwell Banker Burnet
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“Tina was fantastic to work with! She was so much help during my home buying process. It was my first time buying a home and Tina made it easy and was there for my every step of the way and answered all my questions. She helped me find my new home and I couldn’t be more happy and grateful to her. I highly recommend her to anyone looking for a home!”

Madisen Woodcock ·

Photo of Tina Fox
eXp Realty
“Todd and Deena Anderson exceeded my expectations as realtors. When we signed them as our selling agents, I thought I was merely getting access to the MLS listing service, a few open houses, and (paying) a reasonably low commission rate. What I got in return was much more: Todd and Deena were key to our home selling FAST, and with ABOVE-ASKING offers. On the very FIRST day the home was on the market, we received TWO offers! (And n=13 requests for showings). What Todd and Deena specifically did for us: 1.) Strategically priced the home. Based on their analysis of the local real estate market and the three hours they spent touring our home, they PRICED the home at a point where it would attract a lot of attention and quality buyers, and that's exactly what happened. 2.) They provided key insight and advice on how to stage the home and helped us choose the key "polishing" efforts while prepping the home for the sale. 3.) They guided us with prompt and clear communication from start-to-finish; answering an enormous number of questions along the way. Todd and Deena provided a high quality service at great value.”

Dave Tourtelotte ·

Photo of Todd Anderson
River Town Realty
“Clint Kuipers is the best realtor in the state, and I’ll tell you why – it took us two years to finally find the right house for us. In all that time, not only was he extremely patient with us, running around to all the showings we requested, but he was supportive and protective of us as well. He listened to us, got to know us as people, understood not only our style preferences but our functional needs as well, and he’d give us honest and insightful feedback. Not once were we ever pressured to make an offer. He’s not the type who is in it for the sale; spend some time with him and you’ll see that he truly cares about helping people find the right home. You can tell when someone is passionate about what they do, and Clint is passionate about real estate – not just as a commodity, but he knows that buying a home is one of the biggest decisions a person will ever make in their lifetimes, and he takes that responsibility very seriously while still making the process feel fun. I’m a real estate photographer so I’ve worked with hundreds of different agents, but there’s a reason why I chose Clint to be our realtor. He really is the best at what he does, and I’m so grateful that he found us our forever home. Clint Kuipers is a genuinely good person and an incredible agent, and I can’t recommend him enough.”

Kyle Ensrude ·

Photo of Clint Kuipers
RE/Max Advantage Plus
“Al Hawkins was a pleasure to work with as first time home buyers! He was very responsive and accommodating throughout the whole process. I truly appreciated how he handles feedbacks and his openness to talk through them and provide recommendations. He was literally with us every step of the way leaving no room for assumptions or confusion. My wife and I are blessed to have worked with Al as an agent that became a friend.”

Faithful Emamezi ·

Photo of Josh Pomerleau
JPW Realty
“Our Realtor-Neighbor…or Neighbor-Realtor… There are realtors. Then there is A Realtor. And in our case, a Realtor-Neighbor. Or a NEIGHBOR-Realtor. After 19 years in Apple Valley, we bid farewell to the home we loved end of June – with the help of Misty May & Hayden Farris, of Coldwell Banker Realty. Our review will not do Misty & Team justice in all that they have done for us in decluttering, coordinating repairs, donating unwanted items, negotiating the best possible price, and a myriad of other to-do’s in prepping our property for sale. As our neighbors, Misty and Family were wonderful, being our trusted go-to for anything pertaining to the house as we travelled plenty in the few years leading up to putting the house up for sale. As our Realtor, Misty and Team were most resourceful in providing guidance, patience, and grace as we took time to get the house ready for staging and listing – her expertise shows when we saw the post-staging photoshoot, exclaiming to ourselves, “We would buy this house!” Their expertise and ease of working with in-person, remotely online, via calls for discussions and decisions, all assuringly helped us sleep well at night through the 6-month journey to get our house SOLD! For that we are grateful and certainly will recommend Misty, Hayden & their team of make-things-happen crew to any home buyers or sellers! THANK YOU, Misty & Team!”

zuser20190221094613834 ·

Photo of Misty May & Team
Coldwell Banker Realty
“Excellent service from beginning to end. Was absolutely focused on the right investment for our family vs pushing a sale. Will use for all real estate needs moving forward.”

dylandavison j ·

Photo of Régan Englund Real Estate Group
Keller Williams Classic Realty NW
“Ruth worked with me to buy a condo for myself. I was in a very challenging time of life and Ruth was just amazing patient with me patient with my decision-making and a great negotiator with the seller. I would highly recommend Ruth as a realtor.”

Angela Dreis ·

Photo of Ruth Bittner
Realty Group
“What a Great Experience working with Aaron, Kristi, and their team was. I met them while at a MAYC (senior center in Blaine) seminar they were co-hosting regarding the ins and outs of "as is," "investor," or "traditional real estate agent" selling of your home. I was interested in "as is" but had concerns of certain aspects of this. I learned a lot at the seminar so set up a meeting to discuss my long range desire to sell my home. I had recently put my name on a wait list at a senior community and was given an expectation of 1 1/2 to 4 years wait. Long story short, an opening at the senior community I was looking at came up after only 2 months, so I had to decide quickly on what I wanted to do. I decided to go ahead with this and let Aaron and Kristi know that my plans had changed and I would need to get started right away on selling rather than having years to plan. They were able to explain my options to me in plain english, and even though I was biased towards "as is" selling to hurry things along, they made it clear to me that traditional listing would be a better choice for my situation and they could make it work out for me, with a better price and in my best interest. I already liked talking with them and decided to put my trust in them as well and let them handle the sale aspect of the house and I would concentrate on decluttering and moving my stuff out asap (I wanted to concentrate on my move to a new home in the senior community I had selected). Their experience really showed. They ran a few things by me for my ok, (and their recommendations were right on target) but they took care of all the planning and all the many details. Trusting them to know how to do this right really took the stress out of this for me, it had all happened so fast once the opportunity opened up on the wait list. They have a great team and the leadership of their team and their connection and ability to communicate with others was apparent (the city government, the community, vendors, and other sales agents). This all made the process and follow up seem seamless. From start to finish I felt included and engaged in the process even though they were the clear leaders in getting this job done. What a great experience it turned out to be, they are so good to work with, I highly recommend them and would do so again if the opportunity arises.”

Steve Braunschweig ·

Photo of Aaron Zehnpfennig
eXp Realty
“Brian was such an invaluable mentor through the entire process from start to finish. He was always looking out for me, guiding me through the best next steps, always readily available for a phone call and giving thorough details. His knowledge base of the market in the Twin Cities runs deep, and he has an ability to anticipate needs. We landed on a house that exceeded my expectations!”

NICOLE PFEIFER ·

Photo of Brian Palmer
Real Broker, LLC
“Collin makes finding or selling a home incredibly approachable. His knowledge and experience really put me at ease when selling my first home. He went above and beyond what most real estate agents will do for you, and does it in a friendly way. I would highly recommend using him for your real estate needs!”

LB ·

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Gem Lake. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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