Current Price

$197,782

1 Month Forecast

â–² $198,648

1-Year Forecast *

â–² $208,242

5-Year Forecast *

â–² $235,217

"Is it a good time to buy homes in Mountain Lake Park?" "Does investing in real estate in Mountain Lake Park (Maryland State, Garrett County) worth it?" According to our live Forecast System, buying a house in Mountain Lake Park is a acceptable short-term (1-year) investment*. The Mountain Lake Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mountain Lake Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mountain Lake Park in Maryland State, Garrett County. If you are looking for homes for sale with good flipping profit, Mountain Lake Park can be a profitable property investment option. The median price of an average house in Mountain Lake Park was 197,782 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mountain Lake Park" area is 235,217 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +18.93% meaning that investing 100000 USD today may yield a profit of 18,927 USD by 2031.

Current Median Listing Price: 197,782 USD Median Listing Price Per Square Foot: 110 USD

Mountain Lake Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mountain Lake Park (Maryland State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mountain Lake Park Price Target

Mountain Lake Park median home price target in 12 months: $208,242* (upside of 5.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $189,032 $197,782 $188,953 $197,782
2023 $184,548 $189,267 $184,548 $189,267
2022 $175,224 $184,262 $175,224 $186,291
2021 $150,467 $173,029 $150,467 $173,029
2020 $136,248 $148,760 $136,191 $148,760
2019 $127,472 $136,196 $127,472 $137,167
2018 $126,838 $127,068 $126,838 $128,473
2017 $123,626 $126,338 $123,477 $126,338
2016 $120,251 $123,308 $120,251 $123,308
2015 $115,426 $119,925 $114,655 $119,925
2014 $115,084 $115,588 $114,313 $115,588
2013 $112,398 $115,011 $111,696 $115,011
2012 $112,272 $113,049 $112,272 $114,587

Questions & Answers about the Mountain Lake Park Housing Market Forecast

How much does an average home cost in Mountain Lake Park today?

The value of an average home (the listing price) in Mountain Lake Park is $197,782 USD.

What is the average price per square foot in Mountain Lake Park?

According to Walletinvestor the median price per square foot in Mountain Lake Park is 110 USD.

Will the median listing price of homes in Mountain Lake Park grow / rise / go up?

Yes. The Mountain Lake Park home prices may rise from 197,782 USD to 208,242 USD in one year.

Is it profitable to invest in Mountain Lake Park homes?

Yes. The long-term profit potential is +5.29% in one year.

Will Mountain Lake Park house prices fall / drop?

No. See above.

What is the predicted price of a Mountain Lake Park home in 2030?

The predicted home sales price of a Mountain Lake Park home in 2030 in Mountain Lake Park is 223,402 USD.

What is the predicted price of a Mountain Lake Park home in 2035?

The predicted home sales price of a Mountain Lake Park home in 2035 in Mountain Lake Park is 265,687 USD.

Will real estate prices decrease in Mountain Lake Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mountain Lake Park is the 21236. largest city in the United States, located in Maryland State.

During the last 12 months the real estate prices in Garrett, Mountain Lake Park remained stable, looking at the past 12 months.

According to Walletinvestor's Mountain Lake Park real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 197,782 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 6.589% in 2021
  • 4.309% in 2022
  • 4.939% in 2023
  • 4.549% in 2024
  • 4.809% in 2025
  • 3.699% in 2026

Based on our Mountain Lake Park real estate market research and report the predicted sales prices will increase by 67.421% in the next 10 years.

Mountain Lake Park (Maryland) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2025
January 2025 198648 184345 212950
February 2025 199517 185152 213882
March 2025 200390 189569 211211
April 2025 201268 189594 212941
May 2025 202149 189413 214884
June 2025 203033 182730 223337
July 2025 203922 190259 217585
August 2025 204635 192971 216299
September 2025 205531 194638 216424
October 2025 206430 186613 226248
November 2025 207334 192199 222469
December 2025 208242 194081 222402
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 209153 190538 227768
February 2026 210069 195154 224983
March 2026 210988 192843 229133
April 2026 211912 196442 227381
May 2026 212839 191981 233697
June 2026 212710 194630 230790
July 2026 212269 196986 227552
August 2026 211829 193400 230258
September 2026 211604 199331 223877
October 2026 211166 191738 230593
November 2026 211492 200495 222490
December 2026 211695 192007 231382
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 212216 197573 226858
February 2027 212416 192874 231959
March 2027 213140 198433 227847
April 2027 214073 201871 226275
May 2027 215010 203184 226836
June 2027 215330 200688 229973
July 2027 214884 198123 231645
August 2027 214597 197000 232194
September 2027 215497 199765 231228
October 2027 215938 201686 230190
November 2027 215669 195612 235727
December 2027 215579 200058 231101
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 216523 197036 236010
February 2028 217471 203118 231824
March 2028 218423 198328 238518
April 2028 219379 197880 240878
May 2028 220215 199295 241136
June 2028 221104 203637 238572
July 2028 220947 207469 234425
August 2028 220886 207191 234581
September 2028 220889 200125 241653
October 2028 221459 199313 243605
November 2028 222429 202410 242447
December 2028 223402 205083 241721
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 224380 205757 243004
February 2029 225362 203953 246772
March 2029 226349 214805 237892
April 2029 227339 208698 245981
May 2029 228335 211666 245003
June 2029 229133 217218 241048
July 2029 230136 207583 252689
August 2029 231143 213576 248710
September 2029 232155 209404 254906
October 2029 233171 218248 248094
November 2029 234192 220374 248009
December 2029 235217 212636 257798
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 236247 215221 257272
February 2030 237281 225179 249382
March 2030 238319 216632 260006
April 2030 238175 219597 256752
May 2030 237681 213913 261449
June 2030 237188 220110 254265
July 2030 236937 222483 251390
August 2030 236445 223441 249450
September 2030 236811 220708 252914
October 2030 237038 219971 254104
November 2030 237621 224077 251165
December 2030 237846 225716 249976
Mountain Lake Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 238656 217654 259658
February 2031 239701 221483 257918
March 2031 240750 219323 262177
April 2031 241109 222061 260156
May 2031 240609 223766 257451
June 2031 240287 220103 260472
July 2031 241295 223439 259151
August 2031 241789 217852 265726
September 2031 241488 226033 256943
October 2031 241388 217249 265526
November 2031 242444 227413 257476
December 2031 243505 220859 266151

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.