Gem Lake MN Multi Family for Sale

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Gem Lake Real Estate

The median home value in Gem Lake, MN is $465,000. This is higher than the county median home value of $290,900. The national median home value is $338,100. The average price of homes sold in Gem Lake, MN is $465,000. Approximately 93.1% of Gem Lake homes are owned, compared to 6.9% rented, while 0% are vacant. Gem Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gem Lake real estate agent to arrange a tour today!

Gem Lake, Minnesota has a population of 500. Gem Lake is more family-centric than the surrounding county with 36.74% of the households containing married families with children. The county average for households married with children is 31.03%.

The median household income in Gem Lake, Minnesota is $117,500. The median household income for the surrounding county is $71,494 compared to the national median of $69,021. The median age of people living in Gem Lake is 41.9 years.

Gem Lake Weather

The average high temperature in July is 82.7 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 32.9 inches per year, with 52.4 inches of snow per year.

Gem Lake Real Estate Market Conditions

  • Median sales price

    $465,000
    9.2% change since last quarter
  • # Active listings

    0
    30-day change

Gem Lake Schools and Demographics

Education near Gem Lake, MN

Metric City County
High School Graduates 97.4 90.95
College Degree - 2 year 17.34 8.8
College Degree - 4 year 44.51 43.89
Graduate Degree 11.56 11.5
Expenditures per Student 20,143 20,143
Students per Teacher 15.3 15.3

Elementary Schools near Gem Lake, MN

School Grades Students P/T Ratio ZIP
Birch Lake Elementary School KG - 05 257 12.7 55110
Centerville Elementary School KG - 05 542 19 55038
Cowern Elementary School KG - 05 486 17.6 55109
Hugo Elementary School KG - 01 313 14.5 55038
Lakeaires Elementary School KG - 05 403 14.8 55110
Lincoln Elementary School KG - 05 352 16.4 55110
Matoska International School KG - 05 539 15.7 55110
O.H. Anderson Elementary 03 - 05 700 17.1 55115
Oneka Elementary School 02 - 05 558 18.2 55038
Otter Lake Elementary School KG - 05 574 15 55110
Richardson Elementary School PK - 05 472 14.5 55109
Vadnais Heights Elementary School KG - 05 369 13.2 55127
Weaver Elementary School KG - 05 495 15.2 55109
Webster Elementary School KG - 05 411 14.2 55109
Willow Lane Elementary School KG - 05 390 14.7 55110
Withrow Elementary School KG - 06 181 17.7 55038

Middle Schools near Gem Lake, MN

School Grades Students P/T Ratio ZIP
Central Middle School 06 - 08 1,032 19.3 55110
John Glenn Middle School 06 - 08 792 16.4 55109
Mahtomedi Digital Learning Academy 09 - 12 0 55115
Mahtomedi Middle School 06 - 08 831 20.5 55115
Maplewood Middle School 06 - 08 672 16.3 55109
Sunrise Park Middle School 06 - 08 819 17.3 55110

High Schools near Gem Lake, MN

School Grades Students P/T Ratio ZIP
AFSA High School 07 - 12 302 11.5 55127
Mahtomedi Senior High School 09 - 12 1,145 20.1 55115
North Senior High School 09 - 12 1,913 20.3 55109
White Bear South Campus Senior 09 - 12 1,134 18.4 55110

Ungraded Schools near Gem Lake, MN

School Grades Students P/T Ratio ZIP
* 916 Mahtomedi Academy 09 - 12 83 18.8 55110
* Area Learning Center Summer 08 - 12 0 55110
* Phoenix Academy 07 - 12 12 12 55109
* White Bear Area Learning Center 10 - 12 113 10.4 55110
* White Bear Lake North Campus ALC 09 - 12 54 55110
622 Alternative Middle/High School 06 - 12 1 0.1 55109
Aware School 06 - 12 2 2 55038
Bellaire Education Center 05 - 12 63 3.9 55110
Fairview Adolescent Program 06 - 12 9 15 55109
Harmony Learning Center KG - 12 35 4.5 55109
Lionsgate Academy - Lynx Program UG - UG 0 55109
South Campus 916 05 - 12 71 4.8 55110
White Bear North Campus Senior 08 - 10 1,161 18.7 55110

Demographics near Gem Lake, MN

Metric City County
Neighborhood Type
Population 500 549,377
Population Density 477 3,609
Median Age 41.9 35.3
People per Household 2.9 2.5
Median Household Income 117,500 71,494
Average Income per Capita 64,962 39,319