Home prices
The value of the median home in Mountain Lake Park is $142,100. It is approximately $45,000 (46%) higher in comparison to nearby areas.In comparison to the nation as a whole it is about $75,400 (34%) lower, and in comparison to the city of Pittsburgh is roughly $17,100 (13%) higher.
Rents
In Mountain Lake Park the median rent is $554 per month. Compared to nearby areas it is roughly $113 (16%) lower.In comparison to the country as a whole it is about $508 (47%) lower, and compared to the city of Pittsburgh is roughly $404 (42%) lower.
Nearby places
Loch Lynn Heights
Loch Lynn Heights is Mountain Lake Park's neighbor to the southeast. Housing prices there are a lot less expensive. The median home value in Loch Lynn Heights is $96,700, which works out to $45,400 (46%) lower than Mountain Lake Park. Its rents are a little more expensive. The median rent in Loch Lynn Heights is $638 per month, which works out to $84 (13%) higher than Mountain Lake Park.
Oakland
Oakland is Mountain Lake Park's neighbor to the northwest. Housing prices there are somewhat more expensive. The median home price in Oakland is $157,700, which comes out to $15,600 (9%) higher than Mountain Lake Park. Rents there are a bit more expensive. The median rent in Oakland is $619 per month, which comes out to $65 (10%) higher than Mountain Lake Park.
Deer Park
Deer Park is about 3 miles northeast of Mountain Lake Park. Housing prices there are substantially less expensive. The median home in Deer Park costs $97,000, which is $45,100 (46%) lower than Mountain Lake Park. Its rents are substantially more expensive. In Deer Park the median monthly rent is $817, which is $263 (32%) higher than Mountain Lake Park.
Terra Alta
Terra Alta is roughly 8 miles west from Mountain Lake Park. Housing prices there are significantly less expensive. The median home in Terra Alta is valued at $66,100, which comes out to $76,000 (114%) lower than Mountain Lake Park. Rents there are a little more expensive. The median monthly rent in Terra Alta is $624, which works out to $70 (11%) higher than Mountain Lake Park.
Bayard
Bayard is roughly 8 miles south of Mountain Lake Park. Real estate prices there are substantially less expensive. Bayard's median home value is $68,000, which comes out to $74,100 (108%) lower than Mountain Lake Park. Rent there is somewhat more expensive. The median rent in Bayard is $638 per month, which is $84 (13%) higher than Mountain Lake Park.