Brokers — List your Company Here
Featured local agent — East Gull Lake, MN
Sarah Mitchell
Compass Real Estate · East Gull Lake, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
East Gull Lake, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$900,000median sale price
How is the East Gull Lake, MN housing market right now?
The median home sale price in East Gull Lake, MN is $900,000, up 16.1% year-over-year. Homes sell in an average of 63 days with 14 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is East Gull Lake a buyer's or seller's market?
East Gull Lake, MN is currently a leaning buyer's, based on 4.7 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
63
Average pace
Active listings
14
4.7 months supply
Sale-to-list
97.2%
Below asking
What does the East Gull Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $900,000 |
| Median list price | $2.27M |
| Year-over-year price change | +16.1% |
| Average days on market | 63 days |
| Active inventory | 14 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $779/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 10 |
| Listings with a price cut | 35.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in East Gull Lake by property type?
How the East Gull Lake, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $900,000 | $779/sq ft | 3 | 63 days |
| Townhouse | $810,000 | $448/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The East Gull Lake housing market is currently classified as a leaning buyer's with a median sale price of $900,000. Prices have risen 16.1% compared to last year, with homes spending an average of 63 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.5x provides context for how home values compare to local earning capacity.
Homes for sale in East Gull Lake
There are currently 14 homes listed for sale in East Gull Lake, Minnesota. The median listing price is $2.3M.
Active listings
14
Homes on market
Median list price
$2.3M
Avg. days on market
63
Days until sale
New this week
10
Newly listed
Who lives in East Gull Lake?
Population
1,173
Median income
$128,548/yr
Median age
47.1 years
Owner-occupied
88.6%
College grads
49.1%
Avg commute
22.8 min
Source: U.S. Census Bureau ACS
What are homes worth in East Gull Lake?
Zillow home value
$705,965
Price-to-income
5.5x
Source: Zillow Research
What is it like to live in East Gull Lake?
East Gull Lake is a community of approximately 1K residents with a median age of 47.1 years.The median household income is $128,548, which reflects a relatively affluent area with strong earning potential. 49.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, East Gull Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near East Gull Lake, MN?
Want a head-to-head view? Compare East Gull Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in East Gull Lake?
The median home sale price in East Gull Lake is $900,000, up 16.1% from last year.
How long do homes stay on market in East Gull Lake?
Homes typically spend 63 days on market before going under contract.
What is the median income in East Gull Lake?
The median household income is $128,548 per year.
Is East Gull Lake a buyer's or seller's market?
With 4.7 months of supply, East Gull Lake is currently a leaning buyer's.
What is the Zillow home value estimate for East Gull Lake?
The Zillow Home Value Index (ZHVI) for East Gull Lake is $705,965, representing the typical home value in the area.
How much does a single-family home cost in East Gull Lake?
The median single-family home price in East Gull Lake, MN is $900,000 (about $779 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on East Gull Lake, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get East Gull Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.