Housing Prices in Mountain Lake Park, MD
How much do homes in Mountain Lake Park, MD cost?
Median List Price
$219,900
$155/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Mountain Lake Park has increased by 11.1% since last year.
Summary: The median home list price in Mountain Lake Park was $219,900 in March 2024, up 11.1% from the previous year, and the median price per square foot was $155.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $164.2K | N/A |
| 3 Bedrooms | $194K | $234.4K | +20.9% |
| 4 Bedrooms | $193.4K | $210K | +8.6% |
| 5+ Bedrooms | $287K | $279K | -2.8% |
Summary: Mountain Lake Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 2.8%.
Median List Price Compared To Nearby Cities
| Oakland | $344.9K | $399.9K | +15.9% |
| Mountain Lake Park | $198K | $219.9K | +11.1% |
Housing Supply in Mountain Lake Park, MD
How many homes are available in Mountain Lake Park, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Mountain Lake Park real estate market had 13 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Mountain Lake Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Mountain Lake Park, MD
How long does it take to sell a home in Mountain Lake Park, MD?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 244 Days | 252 Days | +3.2% |
Summary: Homes in Mountain Lake Park had an average listing age of 252 days in Mar 2024, up by 3.2% compared to the previous year.
