The Mountain Island Lake housing market is somewhat competitive. The median sale price of a home in Mountain Island Lake was $370K last month, up 3.1% since last year. The median sale price per square foot in Mountain Island Lake is $197, up 8.2% since last year.
What is the housing market like in Mountain Island Lake today?
In March 2024, Mountain Island Lake home prices were up 3.1% compared to last year, selling for a median price of $370K. On average, homes in Mountain Island Lake sell after 60 days on the market compared to 70 days last year. There were 64 homes sold in March this year, up from 61 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$370,000
+3.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Mountain Island Lake, NC
$370,000
+3.1%
United States
To compare other locations to the Mountain Island Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Charlotte add value to a home.
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How hot is the Mountain Island Lake housing market?
Mountain Island Lake is somewhat competitive. Homes sell in 55 days.
0
100
43
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 55 days.
Hot homes
can sell for around list price and go pending in around 28 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Pinewood Elementary School
Public • PreK-5
523
Students
10 reviews
7/10
Trillium Springs Montessori
Public • PreK-6 • Choice school
185
Students
1 reviews
5/10
Long Creek Elementary
Public • K-5
504
Students
25 reviews
5/10
Mountain Island Lake Academy
Public • PreK-8
787
Students
16 reviews
4/10
Oakdale Elementary
Public • K-5
597
Students
10 reviews
Only showing 5 of
6 elementary schools.
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 Island Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mountain Island Lake.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mountain Island Lake has a moderate risk of flooding. 612 properties in Mountain Island Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Mountain Island Lake. Flood risk is increasing slower than the national average.
91% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mountain Island Lake has a moderate risk of wildfire. There are 7,033 properties in Mountain Island Lake that have some risk of being affected by wildfire over the next 30 years. This represents 91% of all properties in Mountain Island Lake.
82% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Mountain Island Lake has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mountain Island Lake is most at risk from hurricanes. 6,382 properties in Mountain Island Lake 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 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Mountain Island Lake has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Mountain Island Lake have a Major Heat Factor®.
Mountain Island Lake is expected to see a 142% increase in the number of days over 104ºF over the next 30 years. Mountain Island Lake is expected to experience 7