The Mountain Lakes housing market is somewhat competitive. The median sale price of a home in Mountain Lakes was $292K last month, down 17.8% since last year. The median sale price per square foot in Mountain Lakes is $260, up 57.9% since last year.
What is the housing market like in Mountain Lakes today?
In May 2025, Mountain Lakes home prices were down 17.8% compared to last year, selling for a median price of $292K.
$383K
Sale Price
+43.8% since last year
$260
Sale $/Sq. Ft.
+57.9% since last year
Over List Price
1.6%
Days on Market
37
Down Payment
—
Total Homes Sold
2
To compare other locations to the Mountain Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mountain Lakes add value to a home.
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How hot is the Mountain Lakes housing market?
Mountain Lakes is somewhat competitive. Homes sell in 37 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 37 days.
Hot homes
can sell for about 8% above list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mountain Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mountain Lakes.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mountain Lakes has a minor risk of flooding. 95 properties in Mountain Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Mountain Lakes. Flood risk is increasing slower than the national average.
85% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mountain Lakes has a moderate risk of wildfire. There are 1,093 properties in Mountain Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in Mountain Lakes.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Mountain Lakes has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mountain Lakes is most at risk from hurricanes. 1,271 properties in Mountain Lakes have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 56 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.