Gully, MN housing market
The typical Gully home is worth about $314,000, up 8.5% in a year, 10% below the Minnesota typical home.
Home values, sales, trends and how Gully compares with the towns next door — updated as new data is published.
Gully at a glance
Typical home value, 2018–2026
Show as a table
| January | Gully | Minnesota |
|---|---|---|
| 2019 | $191,000 | $246,000 |
| 2020 | $191,000 | $259,000 |
| 2021 | $214,000 | $282,000 |
| 2022 | $220,000 | $313,000 |
| 2023 | $237,000 | $325,000 |
| 2024 | $267,000 | $331,000 |
| 2025 | $291,000 | $341,000 |
| 2026 | $296,000 | $349,000 |
| August 2026 | $314,000 | $351,000 |
Gully and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Gully | $314K | +8.5% | $990 | — |
| Trail | $273K | +1.6% | $1,000 | $60,000 |
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Gully is $990 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $750 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56646, 56684; Grand Forks, ND-MN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.