Gem Lake, MN
Housing market overview · Updated weekly
$715,000median sale price
Homes sold
1
Last 12 weeks
Days on market
19
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
97.3%
Below asking
The Gem Lake housing market is currently classified as a seller's market with a median sale price of $715,000. Prices have fallen 0.7% compared to last year, with homes spending an average of 19 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Gem Lake
There are currently 1 homes listed for sale in Gem Lake, Minnesota.
Active listings
1
Homes on market
Avg. days on market
19
Days until sale
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Frequently asked questions
What is the average home price in Gem Lake?
The median home sale price in Gem Lake is $715,000, down 0.7% from last year.
How long do homes stay on market in Gem Lake?
Homes typically spend 19 days on market before going under contract.
Is Gem Lake a buyer's or seller's market?
With 1.0 months of supply, Gem Lake is currently a seller's market.
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