Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | 1 | 1 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 2 | 3 |
Acreage buckets
The median price for land in Mountain Lake, Minnesota is currently $14K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $71K.
Mountain Lake, Minnesota is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mountain Lake, Minnesota currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Mountain Lake, Minnesota saw 3 properties sold, totaling $139K in sales volume. In just the last 3 months, 1 properties changed hands.
The median land price in Mountain Lake, Minnesota stands at $55K. This translates to roughly $14K per acre for the typical parcel size. The average price is $46K, showing a fairly consistent market.
The current absorption rate in Mountain Lake, Minnesota is 6.7% (3-month basis), indicating slow demand. The top-performing broker in this market is EXIT Realty - Great Plains.
There are currently 5 active listings in Mountain Lake, Minnesota. The median asking price is $8K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
