House Prices

House Prices & Home Values Gary, MN 2026


Average Data

average house price$99,667
average size per house2061 ft²
average price per ft²49 $ / ft²

05/21/2026 - The value range (VR) for house prices in Gary, MN is $24/ sqft to $24/ sqft. An average home with 2061 sqft costs approximately $49,464 to $49,464. Gary, MN includes 1 ZIP codes and it is located in Norman county. The lowest prices are found in ZIP 56545, while the highest are in ZIP 56545. The average price per sqare feet is $49. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Gary

5654524 $ / ft²




Historical development of home values in Gary

Year Estimated value (USD) Change vs. 2025
2010 $46,287 -53.6%
2011 $44,497 -55.4%
2012 $44,377 -55.5%
2013 $46,036 -53.8%
2014 $48,325 -51.5%
2015 $50,805 -49.0%
2016 $53,457 -46.4%
2017 $56,342 -43.5%
2018 $59,457 -40.3%
2019 $62,214 -37.6%
2020 $65,430 -34.4%
2021 $74,420 -25.3%
2022 $86,757 -13.0%
2023 $91,489 -8.2%
2024 $96,782 -2.9%
2025 $99,667 0.0%

Graph: estimated home values in Gary over time (USD)



Example: 100% financing house in Gary

Loan amount: $99,667

Interest rate: 6.00%

Fixed monthly payment: $597.55

Breakdown in the 1st month:
Interest portion: $498.34  –  Principal portion: $99.22

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,946.73 $1,223.92 $98,443.08
2 $5,871.24 $1,299.41 $97,143.67
3 $5,791.09 $1,379.56 $95,764.11
4 $5,706.00 $1,464.64 $94,299.47
5 $5,615.67 $1,554.98 $92,744.49
6 $5,519.76 $1,650.89 $91,093.60
7 $5,417.94 $1,752.71 $89,340.89
8 $5,309.83 $1,860.81 $87,480.07
9 $5,195.06 $1,975.59 $85,504.49
10 $5,073.21 $2,097.44 $83,407.05
11 $4,943.85 $2,226.80 $81,180.25
12 $4,806.50 $2,364.14 $78,816.11
13 $4,660.69 $2,509.96 $76,306.15
14 $4,505.88 $2,664.77 $73,641.38
15 $4,341.52 $2,829.13 $70,812.25
16 $4,167.03 $3,003.62 $67,808.63
17 $3,981.77 $3,188.88 $64,619.75
18 $3,785.09 $3,385.56 $61,234.19
19 $3,576.27 $3,594.37 $57,639.82
20 $3,354.58 $3,816.07 $53,823.75
21 $3,119.21 $4,051.43 $49,772.32
22 $2,869.33 $4,301.32 $45,471.00
23 $2,604.04 $4,566.61 $40,904.39
24 $2,322.38 $4,848.27 $36,056.12
25 $2,023.35 $5,147.30 $30,908.82
26 $1,705.87 $5,464.78 $25,444.04
27 $1,368.82 $5,801.83 $19,642.21
28 $1,010.97 $6,159.68 $13,482.53
29 $631.06 $6,539.59 $6,942.94
30 $227.71 $6,942.94 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gary, MN


1500 sqft3900 sqft
Ø selling price$88,935$189,190
Ø fast selling$80,850$170,271
Ø high price sale$97,021$208,108

In 2026, houses in Gary, MN will be offered at an average price of $49 per square foot. A 1,500 sqft home priced at $88,935 is 22.36% more expensive per square foot than a 3,900 sqft home priced at $189,190. Home prices in Gary, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $130,978. Sellers who can wait longer may achieve a higher price of up to $160,083.


Discover Gary, Minnesota

Overview

Discover Gary, MN, a welcoming small town in Norman County known for prairie landscapes and friendly Midwestern spirit.
This Gary, Minnesota guide highlights lifestyle, attractions, and practical tips for visitors and future residents.

Location and Outdoors

Set in the fertile Red River Valley region of northwestern Minnesota, Gary offers wide-open skies and classic rural views.
Outdoor lovers enjoy nearby trails, birding habitats, and seasonal hunting and fishing opportunities across surrounding farmland and woods.

Community and Culture

The community calendar features small-town gatherings, church suppers, and school activities that keep neighbors connected.
Local parks and volunteer-led projects reflect a proud heritage and a tradition of pitching in when it counts.

Economy and Housing

Agriculture anchors the local economy, supporting family farms, ag services, and small businesses on Main Street.
Home seekers value affordable housing, slower-paced living, and room to grow without sacrificing essential services.

Travel and Weather

Travelers find Gary an easy stop on regional drives, with access to groceries, fuel, and classic diner fare for a comfortable break.
Expect four true seasons?snowy winters, blossoming springs, warm summers, and colorful falls?ideal for planning things to do in Gary, MN year-round.



FAQ – Home Values in Gary

What is the median home value in Gary in 2026?

In 2026, the typical home value in Gary is about $99,667 for an average home size of 2061 square feet. This corresponds to an average price of roughly $49 per square foot.

What is the average cost per square foot in Gary?

In 2026, homes in Gary sell for an average of around $49 per square foot, with a typical range between $24 and $24 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Gary is about 2061 square feet, with an estimated 2026 value around $99,667.



Locations close to Gary, MN

Georgetown, MN103 $ / ft²
Glyndon, MN105 $ / ft²
Halstad, MN124 $ / ft²
Frazee, MN76 $ / ft²
Foxhome, MN67 $ / ft²
Fosston, MN70 $ / ft²
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