Housing Prices in Mountain Lake, MN
How much do homes in Mountain Lake, MN cost?
Median List Price
$172,000
$95/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 has increased by 11.5% since last year.
Summary: The median home list price in Mountain Lake was $172,000 in March 2024, up 11.5% from the previous year, and the median price per square foot was $95.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87.2K | $194.9K | +123.6% |
| 3 Bedrooms | $144.5K | $170K | +17.6% |
| 4 Bedrooms | $214K | $169K | -21.0% |
| 5+ Bedrooms | $169.9K | $209K | +23.0% |
Summary: Mountain Lake 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 increased by 123.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 23%.
Median List Price Compared To Nearby Cities
| Mountain Lake | $154.2K | $172K | +11.5% |
| Mountain Lake Township | $164.9K | $172K | +4.3% |
Housing Supply in Mountain Lake, MN
How many homes are available in Mountain Lake, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Mountain Lake real estate market had 10 homes for sale in March 2024, a 9.1% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mountain Lake 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Mountain Lake, MN
How long does it take to sell a home in Mountain Lake, MN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 149 Days | 110 Days | -25.8% |
Summary: Homes in Mountain Lake had an average listing age of 110 days in Mar 2024, down by 25.8% compared to the previous year.
