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Foreclosures in Mountain Lake, MN

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Mountain Lake, MN Foreclosures

Current Market Conditions in Mountain Lake, MN as of June 2026?
Home values: +1.16% MoM; rent: +0.00% MoM.
How much do homes sell for in Mountain Lake, MN?
The average home price is currently $288,221.
In Mountain Lake, MN, how many homes are available?
There are currently 4 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 an affordable small-town market in Cottonwood County with a median home value of $159,702 and median rent of $1,070 as of 2026-05-14, offering investors a rural Minnesota setting with stable local amenities and regional access.

Buyer vs Seller Market in Mountain Lake, MN

Median home value: $161,560 as of 2026-06-14.

Median rent: $1,070 as of 2026-06-14.

Home values: +1.16% MoM, -1.86% YoY.

Rent: +0.00% MoM, +0.00% YoY.

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 $161,560.00. 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 $288,221.00, 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 Foreclosures

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