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Foreclosure Homes in Mountain Lake, MN 56159

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Mountain Lake, MN Foreclosures

How much do homes sell for in Mountain Lake, MN?
The average home price is currently $289,694.
In Mountain Lake, MN, how many homes are available?
There are currently 3 active home listings available in Mountain Lake.
What’s the average rental cost in Mountain Lake, MN?
The average rental price in Mountain Lake is $1,164.
What is the most expensive home in Mountain Lake?
The most expensive home sold in Mountain Lake had a price of $5,131,734.
What is currently the cheapest priced home in Mountain Lake, MN?
The cheapest home for sale in Mountain Lake is priced at $19,519.

Living in Mountain Lake, MN

Mountain Lake, MN is a charming small town surrounded by beautiful landscapes. It offers a friendly community atmosphere along with a range of outdoor recreational opportunities. The town's close-knit environment coupled with its natural beauty makes it an attractive destination for families and nature lovers alike.

Current Market Conditions in Mountain Lake, MN

The real estate market in Mountain Lake has shown moderate growth in recent years. Due to its attractive environment and community-centric culture, homes have been in demand particularly among families and retirees seeking a quieter lifestyle. While prices are generally affordable compared to larger urban areas, the market has seen a steady increase in home values, suggesting a growing interest from potential homebuyers.

Home Value Estimator For Mountain Lake, MN

There are currently 1,074 real estate properties in Mountain Lake, MN, with a median automated valuation model (AVM) price of $163,189.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mountain Lake, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mountain Lake, MN, is $289,694.00, with the most expensive house in Mountain Lake, MN, topping out at $5,131,734.00 and the cheapest home in Mountain Lake, MN, clocking in at $19,519.00. In other words, there’s something for every potential homebuyer or savvy investor in Mountain Lake, MN!

Rent Prices In Mountain Lake, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mountain Lake, MN, is on a rollercoaster ride. The average rent price in Mountain Lake, MN, is $1,164.00. Indeed, when looking to rent in Mountain Lake, MN, you can expect to pay as little as $420.00 or as much as $2,280.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Mountain Lake, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mountain Lake, MN 56159 Foreclosures

Market Trend for Mountain Lake, MN

Total Listings Available: 3

Market Values:

Home Prices from $19,519 to $5,131,734

Average Sales Price: $289,694

Rental Values:

Rental from $420 to $2,280

Average Rent Value: $1,164 / month

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