Population: 2,595 · Density: 7.9/mi² · Median household income: $61,328
Typical home value: $131,980 · Homeownership: 76.3%
Data as of January 2026. Source: Realtor.com.
The MOUNTAIN LAKE, MN real estate market (56159) currently shows 7 active listings, with 1 pending sales. Homes are averaging 154 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 154 days on market compared to 138 days last year.
The median listing price has fallen 38.1% year-over-year, from $242,475 to $149,999.
Whether you are buying or selling in MOUNTAIN LAKE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56159 | Mountain Lake, MN 56159 | 0.0 mi | 7 | $1,222,620 | $149,999 | $174,660 |
| 56022 | Darfur, MN 56022 | 8.9 mi | 0 | $0 | $159,000 | $159,000 |
| 56101 | Windom, MN 56101 | 11.0 mi | 37 | $9,278,379 | $277,450 | $250,767 |
| 56162 | Ormsby, MN 56162 | 15.2 mi | 1 | $48,500 | $48,500 | $48,500 |
| 56081 | Saint James, MN 56081 | 15.6 mi | 34 | $7,365,012 | $194,250 | $216,618 |
| 56083 | Sanborn, MN 56083 | 20.7 mi | 1 | $350,000 | $350,000 | $350,000 |
| 56171 | Sherburn, MN 56171 | 20.9 mi | 10 | $1,661,330 | $159,000 | $166,133 |
| 56143 | Jackson, MN 56143 | 22.1 mi | 21 | $5,270,664 | $199,900 | $250,984 |
| 56183 | Westbrook, MN 56183 | 25.0 mi | 9 | $1,478,700 | $141,500 | $164,300 |
| 56150 | Lakefield, MN 56150 | 25.4 mi | 6 | $976,302 | $143,450 | $162,717 |
| 56152 | Lamberton, MN 56152 | 25.7 mi | 2 | $365,000 | $182,500 | $182,500 |
| 56062 | Madelia, MN 56062 | 26.9 mi | 4 | $1,064,600 | $309,900 | $266,150 |
| 56127 | Dunnell, MN 56127 | 28.5 mi | 2 | $390,000 | $195,000 | $195,000 |
As of January 2026, there are 7 active listings in MOUNTAIN LAKE, MN (zip code 56159), compared to 13 the prior year.
The median listing price in MOUNTAIN LAKE, MN 56159 is $149,999 as of January 2026, a 38.1% decrease from $242,475 the prior year.
Homes in MOUNTAIN LAKE, MN 56159 spend an average of 154 days on the market before going under contract, compared to 138 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MOUNTAIN LAKE, MN 56159 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 154 days on market compared to 138 days last year.
With SELL123.com's maximum 3% commission, sellers in MOUNTAIN LAKE, MN 56159 save an estimated $3,000 compared to a typical 5% commission on the median listing price of $149,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.