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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 June 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

Mar 1, 2026 - May 31, 2026

Median sale price
$663K
-7.3% from Q1 '26
Median list price
$1.2M
+278% from Q1 '26
Active listings
4
+100% from Q1 '26
Homes sold
2
+100% from Q1 '26
New pendings
2
+100% from Q1 '26
New listings
2
+100% from Q1 '26

Quarterly Pricing Trends for Gem Lake

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

Quarterly Pricing Trends for Gem Lake Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $273K Median sale price in Jul 2021 - Sep 2021: $1.8M 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 list price in Apr 2021 - Jun 2021: $2M Median list price in Jul 2021 - Sep 2021: $595K 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 Apr 2021 - Jun 2021 Median sale price $273K Median list price $2M Jul 2021 - Sep 2021 Median sale price $1.8M Median list price $595K 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
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 (Mar 2026 - May 2026).

Inventory in Gem Lake is limited, with just four active listings in this rolling three-month view and only two homes sold. New and pending listings are also low at two each, underscoring a small but active market that still leans toward sellers.

Pricing is adjusting after earlier highs, with the typical home value around $663,103 and down sharply from a year ago, while the median list price has climbed more than two-thirds year over year. This gap between sale prices and list prices is reflected in an average sale-to-list ratio of about 94 percent and only about half of recent sales closing above the asking price.

Time on market has lengthened considerably, with the median days on market reaching 138 in this period and more than doubling compared with last year, even as months of supply has a moderate reading near 3.2 months consistent with a seller’s market. With such small numbers of sales and listings, each new property can shift conditions quickly, so both buyers and sellers in Gem Lake can benefit from Agent Pronto’s help connecting with a local agent who understands these nuances.



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 →


Trusted by over 500,000 buyers and sellers.

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

“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

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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