Mammoth Lakes Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Mammoth Lakes is $313, which is higher than the Mono County average of $291. The median price of homes currently listed in Mammoth Lakes is $410,000 while the median price of homes that sold is $343,700. 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 2.1 homes are foreclosed (per 10,000). This is greater than the Mono County value of 1.9 and also lower than the national value of 4.3

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 5.3%, which is lower than the national value of 7.2%. 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 19.4%, which is higher than Mono County at 18.2%.

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Relative ZHVI
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Mammoth Lakes Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $410,000 Median listing price
  • $343,700 Median sale price
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Mammoth Lakes Market Health

Data through Jun 30, 2014
  • 4.5/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 19.4% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.1 homes Mammoth Lakes
1.9 homes Mono County
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Shaver Lake $382,500 Bishop $328,500 June Lake $298,500
Auberry $271,900 Tollhouse $259,700 North Fork $232,400
Oakhurst $198,300 Big Pine $197,600  

Listings & Sales

Data through Jun 30, 2014
  • $313 Median list price / sq ft
  • $228 Median sale price / sq ft
  • 21.8% Listings with price cut
27.3%
Sold below listing
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Mammoth Lakes Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,882 Mammoth Lakes
$1,689 Mono County
$1,310 United States
  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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