Isaac Bargen House · Photo: Jatakuck · CC BY-SA 3.016 homes sold in Mountain Lake in the last year, at a typical $149K
Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Mountain Lake homes are listed.
Every place Mountain Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mountain Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Mountain Lake’s sales, at a typical — (year to May 2026)
16 homes sold in the year to September 2026.
More homes sell than most years, at 1.9 times the 2016 price
16 sales in the last year, against 23 in 2021 and a low of 6 in 2013. The typical sale went from $79K in 2016 to $149K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Mountain Lake home costs about $936 a month
Price: Mountain Lake’s typical sale, last 12 months. Property tax at Mountain Lake’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mountain Lake is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $149K home, about $1,900 a year.
Taxes vs. neighborsSchools
The schools grade for Mountain Lake, from test results, graduation and how much students grow.
Schools in Mountain LakeTypical commute
The average one-way trip to work for people who live in Mountain Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Mountain Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mountain Lake. People who follow the town see it, and so do people comparing Mountain Lake with their own town. No commission, no listing fee.
Questions about buying a home in Mountain Lake
What do homes sell for in Mountain Lake, MN?
16 homes sold in the year to September 2026 at a typical $149K, $86 a square foot.
Is Mountain Lake a buyer’s or seller’s market?
A seller’s market: 9 homes were for sale in September 2026 and 3 sold, about 2.7 months of supply. Buyers paid 96.1% of asking on average.
How much are property taxes in Mountain Lake?
About 1.3% of a home’s value a year. On a $149K home that’s near $1,900.
Where can I see homes for sale in Mountain Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Mountain Lake’s MLS listings; the search links above open each one filtered to Mountain Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).