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Gem Lake, Minnesota

Northeast Metro

Gem Lake

One of the Metro's smallest, most private cities

Median Price

$675K

Inventory

2.4 mo

Avg Days on Market

32d

YTD Change

+1.8%

Reporting period: trailing 12 months through Q2 2026. Source: NorthstarMLS, compiled by Andrea Nemetz, Fuze Real Estate. Last updated July 2026. Figures are illustrative of local conditions; real estate market information is deemed reliable but not guaranteed.

Lifestyle

Life in Gem Lake

Tucked between White Bear Lake and Vadnais Heights, Gem Lake feels like a private retreat, large wooded lots, quiet roads, and a strong neighborhood character.

Gem Lake is one of the smallest cities in the metro, a few hundred residents on large wooded lots between White Bear Lake and Vadnais Heights. Homes rarely come up. When they do, they trade on privacy and land more than finishes.

Neighborhoods

Where people live in Gem Lake

  • Goose Lake Road

    Large private lots, mature tree cover.

  • Highway 61 edge

    Closest to retail and services.

Housing stock

Custom homes on acreage, wide range of ages and styles. Very little uniformity, which makes comparable analysis a judgment exercise.

  • $500K-$800KEstablished homes on large lots
  • $800K+Custom and rebuilt estates

Getting around

  • · Downtown St. Paul, ~18 min
  • · Downtown Minneapolis, ~28 min

Who it suits

  • · Buyers prioritizing privacy and lot size
  • · Long-hold owners, not short-term movers

Schools

  • · White Bear Lake Area Schools (ISD 624)

Local favorites

Manitou Ridge Golf Course (nearby)

Golf

Vadnais Lake trails

Outdoor

For Buyers

Listings are limited; patience and a strong offer strategy matter. Speak with Andrea for guidance based on your goals.

For Sellers

Pricing for unique lots requires careful comp analysis. Request an estimated home value tailored to your property.

For Investors

Long-term hold for land value is most common here; rental opportunities are limited.

Common questions

Gem Lake real estate questions

Why are there so few listings in Gem Lake?
The city is tiny, so only a handful of homes change hands in a typical year. Buyers usually need patience and someone watching the market for them directly.

Interest in Gem Lake

Learn more about Gem Lake

Tell Andrea what you're looking for, buyer, seller, or investor.

Real estate disclosure

Andrea Nemetz is a licensed Minnesota Real Estate Advisor with Fuze Real Estate (MN License #40837849) and a licensed Mortgage Loan Originator with Edge Home Finance Corporation (NMLS #2603670; Edge Home Finance NMLS #891464). Fuze Real Estate and Edge Home Finance Corporation are separate companies and have no affiliation with one another. No real estate service is contingent on the use of any mortgage service, and no mortgage service is contingent on the use of any real estate service.

Real estate market information is deemed reliable but not guaranteed. Estimated home values vary; market conditions change.

Fuze Real Estate disclosures →NMLS Consumer Access →