The median home in Gem Lake, Minnesota is valued at $589,714, up 2.7% year over year. Gem Lake is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →
Home Value$589,714
+2.7%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Gem Lake.
$117,943 on $589,714
Out of reach — 58.9% of income
Need $157,800/yr to afford.
PITI$3,682
P/I58.9%
Afford$280K
Gap-$309K
P&I $2,982Tax $550Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Minnesota
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Full Minneapolis-St. Paul-Bloomington, MN-WI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.
View Minneapolis-St. Paul-Bloomington, MN-WI metro →