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Gary, MN Home Values and Rents
The median home value in Gary is $151,100.
- Median home value
- $151,100
- ACS 2020-2024
- Price change, 1 year
- -4.4%
- County index, 2025
- Homeownership
- 98.9%
- MN: 72.2%
Norman County home price trend
FHFA annual House Price Index for Norman County, 2001 = 100, compared with Minnesota
Show as a table
| Period | Norman County |
|---|---|
| 2025 | 209 |
| 2024 | 219 |
| 2023 | 217 |
| 2022 | 200 |
| 2021 | 183 |
| 2020 | 165 |
| 2019 | 169 |
| 2018 | 158 |
| 2017 | 145 |
| 2016 | 136 |
| 2015 | 126 |
| 2014 | 121 |
| 2013 | 126 |
| 2012 | 119 |
| 2011 | 117 |
Beta
Over five years, Norman County prices changed +26.9%, compared with +24.7% for Minnesota.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Norman County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $754 | +12.4% |
| 1 bedroom | $775 | +4.4% |
| 2 bedrooms | $1,014 | +4.2% |
| 3 bedrooms | $1,208 | +3.5% |
| 4 bedrooms | $1,333 | +3.5% |
Frequently asked questions
- What is the median home value in Gary, MN?
- The median home value in Gary is $151,100, based on the American Community Survey 2020-2024 5-year estimates. The Minnesota median is $329,300.
- Are home prices going up in Gary?
- Home prices in Norman County changed -4.4% over one year and +26.9% over five years, as of 2025.