Home Values

Mammoth Lakes Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Mammoth Lakes is $326, which is higher than the Mono County average of $305. The median price of homes currently listed in Mammoth Lakes is $420,000 while the median price of homes that sold is $340,500. The median rent price in Mammoth Lakes is $950, which is lower than the Mono County median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Mammoth Lakes 0.8 homes are foreclosed (per 10,000). This is lower than the Mono County value of 1.5 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mammoth Lakes is 0.0%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mammoth Lakes homeowners underwater on their mortgage is 13.8%, which is lower than Mono County at 18.6%.

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Relative ZHVI
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Mammoth Lakes Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $420,000 Median listing price
  • $340,500 Median sale price (Jan 31, 2015)
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Mammoth Lakes Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 13.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.8 homes(Dec 31, 2014) Mammoth Lakes
1.5 homes Mono County
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Shaver Lake $397,000
June Lake $288,800
Bass Lake $280,500
Name Median ZHVI
Auberry $271,100
Tollhouse $233,700
North Fork $224,500
Name Median ZHVI
Oakhurst $206,000
 
 

Listings & Sales

Data through Feb 28, 2015
  • $326 Median list price / sq ft
  • $259 Median sale price / sq ft (Jan 31, 2015)
  • 7.5% Listings with price cut
25.7%
Sold below listing
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Mammoth Lakes Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,035 Mammoth Lakes
    $1,885 Mono County
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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