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  1. Topfind
  2. California
  3. Mammoth Lakes Housing Market

Mammoth Lakes, CA Housing Market

Median List Price

$3,575,000

Updated August 2026

Today, Mammoth Lakes has 8 homes for sale at a median list price of $3,575,000, typically selling in about 244 days.

Mammoth Lakes Market Analysis

Mammoth Lakes, CA currently shows a median list price of $3.6M. There are 8 homes currently listed for sale in Mammoth Lakes, CA. 2 new listings came on the market in the last 30 days.

The housing stock skews toward single family homes, at about 62.5% of active listings, with condos accounting for another 37.5%. The median price has been flat over the last six months, $739,000 in September 2025 and $739,000 in July 2026. Per square foot, the median stands at $670. The area falls within the 93546 ZIP code.

Mammoth Lakes Rental Market

Mammoth Lakes, CA currently shows a median asking rent of $18,000. There are 2 homes currently listed for rent in Mammoth Lakes, CA.

Mammoth Lakes Market Pulse

Topfind Market Read

Strong Buyer's Market

Buyers hold the edge right now. The typical home takes about 244 days to sell, and 50% of sellers have trimmed their asking price. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.

Buyer leverageBalancedSeller leverage

Median Home Price

$3.58M

Chart shows the median closed sale price by month

$2.7M$1.9M$1.2M$499.5K
Sep 25
Mar 26

Sales Velocity

How fast homes are selling

Slow
FastSlow0d15d30d45d60d75d90d244days on market

Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Mixed Inventory

A solid share of current listings is under 30 days old, while a meaningful share has been up longer.

New
Active
Aging
Stale
30-day mark1 listings<7 days3 listings7-30 days0 listings30-60 days4 listings60+ days← Selling fastSitting longer →

About 50% of current listings are under 30 days old, while the rest have been up longer.

Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Mammoth Lakes

Homeownership is higher than average, and most households in this area own rather than rent.

HomeownersRenters

61%

Homeowners

39%

Renters

Homeownership is 5.5 points higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

3,170 households (2023)

Median Price by Bedroom

Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.

1 Bed
$470K
2 Bed
$675K
3 Bed
$960K
4 Bed
$3.8M
5 Bed
$4.7M

Each additional bedroom adds about $1.1M in value on average, with larger homes seeing bigger price jumps.

Largest increase: 3 → 4 bedrooms (+$2.8M)

Price Reductions

High Activity
4

4 listings have reduced their price

50% of active listings

Average reduction: 12.9% (~$461K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.

Browse Mammoth Lakes Listings

Homes for Sale in Mammoth LakesHomes for Rent in Mammoth LakesRecently Sold Homes in Mammoth Lakes

Frequently Asked Questions about the Mammoth Lakes, CA Housing Market

What is the median home price in Mammoth Lakes, CA?

The median list price in Mammoth Lakes is $3,575,000 as of August 2026, based on 8 active listings.

Is Mammoth Lakes a buyer's market or a seller's market?

Mammoth Lakes currently reads as a strong buyer's market.

How fast do homes sell in Mammoth Lakes?

The average home currently for sale has been on the market for 244 days.

How many homes are for sale in Mammoth Lakes, CA?

There are 8 homes for sale in Mammoth Lakes right now.

What is the median rent in Mammoth Lakes?

The median asking rent in Mammoth Lakes is $18,000 per month, across 2 active rental listings.

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