Mountain Lake, MN Home Values & Market Trends
Real estate market trends reflect that there have been 13 transactions over the past year in Mountain Lake. The median value for residential home transactions that occurred over the previous year is $145,000. The number of current listings in Mountain Lake is 39, and the percentage of properties for sale in the city is 39.00%. Mountain Lake, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 39 properties for sale.
Mountain Lake, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56159 | $ 145,000 $ 131/sqft |
Housing Market Summary for Mountain Lake, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $159.9K | $159K | -0.56% |
| Median Sold Price | $0 | $66,356 | - |
| Homes For Sale | 27 | 39 | 44.44% |
| Homes Sold | 0 | 3 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mountain Lake, MN
Browse Homes in Mountain Lake, MN
Mountain Lake home values range from $37,085 to $327,190. The median estimated value of a home in Mountain Lake is $145,000. The median list price of a home is 159,000, and the total count of properties in the city is 46.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mountain Lake, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mountain Lake, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mountain Lake, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mountain Lake, MN. There is 1 zips within Mountain Lake, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56159 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Mountain Lake, MN. Auction homes and other auction properties account for 2.17% of all properties in Mountain Lake, MN. There is 1 zips within Mountain Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $67,133 in 56159 to the lowest value of $67,133 in 56159.
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More Real Estate Resources for Mountain Lake, MN
Guide for Mountain Lake, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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