Home prices
The price of the median home in Mountain Lake is $195,500. This is roughly $42,200 (17%) lower in comparison to its nearby areas.It is about $22,000 (10%) lower compared to the country as a whole, and it is about $410,500 (67%) lower compared to the city of New York.
Rents
Mountain Lake's median monthly rent is $1,234. It is roughly $80 (6%) higher compared to its nearby areas.It is roughly $172 (16%) higher compared to the entire country, and compared to the city of New York is about $209 (14%) lower.
Nearby places
Hope
Hope is roughly 3 miles north from Mountain Lake. The real estate prices there are substantially more expensive. Hope's median home value is $336,400, which is $140,900 (41%) higher than Mountain Lake. Rents there are significantly more expensive. The median monthly rent in Hope is $1,917, which is $683 (35%) higher than Mountain Lake.
Oxford
Oxford is roughly 3 miles south of Mountain Lake. Its real estate prices are somewhat less expensive. The median home in Oxford is valued at $173,400, which is $22,100 (12%) lower than Mountain Lake. Rent there is a lot less expensive. The median rent in Oxford is $674 per month, which comes out to $560 (83%) lower than Mountain Lake.
Belvidere
Belvidere is approximately 4 miles southwest from Mountain Lake. Its real estate prices are pretty similar. The median home value in Belvidere is $201,100, which is $5,600 (2%) higher than Mountain Lake. The rent there is somewhat less expensive. The median monthly rent in Belvidere is $954, which is $280 (29%) lower than Mountain Lake.
Portland
Portland is roughly 6 miles northwest of Mountain Lake. Real estate prices there are a bit less expensive. The median home in Portland is valued at $180,700, which is $14,800 (8%) lower than Mountain Lake. Its rents are a little less expensive. The median monthly rent in Portland is $1,085, which is $149 (13%) lower than Mountain Lake.
Beattystown
Beattystown is about 6 miles southeast from Mountain Lake. Housing prices there are substantially more expensive. The median home in Beattystown is valued at $296,900, which is $101,400 (34%) higher than Mountain Lake. The rent there is somewhat less expensive. In Beattystown the median monthly rent is $1,142, which is $92 (8%) lower than Mountain Lake.
