Duplex & Multi Family For Sale in Mountain Lake, MN
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Mountain Lake, MN Real Estate Snapshot
List Price
$166,200
$/Sqft
$108
Homes For Sale
16
Home Size
1,400 Sqft
Days on Movoto
57
Frequently Asked Questions about Mountain Lake, MN
In August 2026 Mountain Lake homes were listed to buy for a median price of $142K, which is a 21% decrease to July 2025 last month, and a 20% decrease to August 2025 last year. The median value of a home listed to buy in Mountain Lake in August 2026 was $89 per sqft, which is a 5% decrease to July 2025 last month, and a 5% decrease to August 2025 last year.
It is affordable to live in Mountain Lake. Buying a home in Mountain Lake is 0% less expensive compared with the national average.
Yes now is a good time to buy property in Mountain Lake, in August 2026, homes in Mountain Lake have decreased in value (price per sqft) by 5% in the last year compared with August 2025.
Home price are dropping in Mountain Lake, in August 2026, homes to buy in Mountain Lake have decreased in median list price by 14% compared with July 2026, one month ago.
The housing market in Mountain Lake is slowing down. In August 2026, homes to buy in Mountain Lake spent an median 56 days on the market, a 70% decrease from August 2025 last year.
In August 2026, Mountain Lake homes were listed to buy for a median price of $142K, with 25% down you would need $853/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $29.2K.
Yes now is a good time to sell your house in Mountain Lake, in August 2026, homes in Mountain Lake have decreased in value (price per sqft) by 5% in the last year compared with August 2025.
The Movoto Advantage
Movoto gives you access to the most up-to-the-minute multi-family information in Mountain Lake. As a licensed brokerage in Minnesota (and across the United States), Movoto has access to the latest real estate data including Mountain Lake Homes for Sale, Mountain Lake Single family for Sale, Mountain Lake Multi family/Duplex for Sale, Mountain Lake Land for Sale, Mountain Lake New Listings for Sale, Mountain Lake Rentals, Mountain Lake Apartments for Rent, Mountain Lake Single Family for Rent, Mountain Lake Recently Sold Homes, Mountain Lake Waterfront for Sale, Mountain Lake Foreclosures for Sale.