Nina A Beitzel, Listing Office: Railey Realty, Inc.
Mountain Lake Park Housing Market Report December 2024•Garrett County, Maryland
Housing Prices in Mountain Lake Park, MD
How much do homes in Mountain Lake Park, MD cost?
Median List Price
$262,450$141/SqFt
+$52,450
+25.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Mountain Lake Park has increased by 25% since last year.
Summary: The median home list price in Mountain Lake Park was $262,450 in December 2024, up 25% from the previous year, and the median price per square foot was $141.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Mountain Lake Park | $210K | $262.4K | +25.0% |
| Oakland | $363.2K | $425K | +17.0% |
| Loch Lynn Heights | $149K | $139K | -6.7% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $139.5K | $189K | +35.5% |
| 33 Bedrooms | $198K | $230K | +16.2% |
| 44 Bedrooms | $212.4K | $189K | -11.0% |
| 55+ Bedrooms | $287K | $499K | +73.9% |
Summary: Mountain Lake Park housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +35.5%. The home price for 3 bedroom homes increased by +16.2%. The home price for 4 bedroom homes decreased by -11.0%. The home price for 5 bedroom homes increased by +73.9%.
Housing supply in Mountain Lake Park, MD
How many homes are available in Mountain Lake Park, MD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 72 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Mountain Lake Park real estate market had 7 homes for sale in Dec 2024, the same as Nov 2024
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Mountain Lake Park housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Mountain Lake Park, MD
How long does it take to sell a home in Mountain Lake Park, MD?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 147 DaysThis YearDec 2024 | ||
| 295 Days1 year agoDec 2023 | -50.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Mountain Lake Park had an average listing age of 147 days in Dec 2024, down by 50.2% compared to the previous year.
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Newest Listings in Mountain Lake Park, MD
What homes are available in Mountain Lake Park, MD?
Backup offers
$5,807 Closing Credit¹
Justin D Liller, Listing Office: Railey Realty, Inc.
Backup offers
$2,165 Closing Credit¹
Thomas Long, Listing Office: Railey Realty, Inc.
Backup offers
$8,301 Closing Credit¹
Justin D Liller, Listing Office: Railey Realty, Inc.
Nicole Jackson, Listing Office: Railey Realty, Inc.
$3,561 Closing Credit¹
ANGELA BOSLEY, Listing Office: Taylor Made Deep Creek Vacations & Sales
$3,443 Closing Credit¹
Tyler S. Burch, Listing Office: Burch Real Estate Group, LLC
Nick Fratz-Orr, Listing Office: Railey Realty, Inc.
$4,631 Closing Credit¹
Terah B. Crawford, Listing Office: Taylor Made Deep Creek Vacations & Sales
Julia Mead, Listing Office: Railey Realty, Inc.
Nearby markets
Nearby markets aren't available for Mountain Lake Park, MD
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 8:15:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.