Mammoth Lakes, CA housing market
The typical Mammoth Lakes home is worth about $816,000, up 2.9% in a year, 7% above the California typical home.
Home values, sales, trends and how Mammoth Lakes compares with the towns next door — updated as new data is published.
Mammoth Lakes at a glance
Typical home value, 2016–2026
Show as a table
| January | Mammoth Lakes | California |
|---|---|---|
| 2017 | $389,000 | $453,000 |
| 2018 | $442,000 | $501,000 |
| 2019 | $500,000 | $539,000 |
| 2020 | $529,000 | $551,000 |
| 2021 | $568,000 | $607,000 |
| 2022 | $748,000 | $703,000 |
| 2023 | $786,000 | $727,000 |
| 2024 | $793,000 | $758,000 |
| 2025 | $800,000 | $782,000 |
| 2026 | $818,000 | $767,000 |
| August 2026 | $816,000 | $764,000 |
18 new homes permitted in 2025
Builders were permitted 18 new homes in Mammoth Lakes in 2025: 16 single-family houses and 2 in buildings with two or more homes, worth about $9.8 million to build. That's 2.5 per 1,000 residents, about the pace of California as a whole. Over the past 10 years, Mammoth Lakes has permitted 462 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mammoth Lakes's population fell by 1,043 even though 179 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 57% of Mammoth Lakes's homes are seasonal or vacation homes, which adds housing without adding residents. Across California: 2.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 116 | 6 | 110 | $31 million |
| 2025 | 18 | 16 | 2 | $9.8 million |
| 2024 | 100 | 24 | 76 | $25.6 million |
| 2023 | 16 | 10 | 6 | $9.1 million |
| 2022 | 118 | 33 | 85 | $28.3 million |
| 2021 | 37 | 37 | 0 | $13.1 million |
| 2020 | 51 | 51 | 0 | $19.6 million |
| 2019 | 40 | 32 | 8 | $11 million |
| 2018 | 42 | 35 | 7 | $12.8 million |
| 2017 | 24 | 10 | 14 | $8.6 million |
| 2016 | 16 | 16 | 0 | $7.3 million |
| 2015 | 21 | 19 | 2 | $8.2 million |
| 2014 | 12 | 12 | 0 | $10.2 million |
| 2013 | 6 | 6 | 0 | $4.7 million |
| 2012 | 4 | 4 | 0 | $3.7 million |
| 2011 | 5 | 5 | 0 | $3.9 million |
| 2010 | 9 | 9 | 0 | $8 million |
| 2009 | 5 | 5 | 0 | $4.8 million |
| 2008 | 5 | 5 | 0 | $6 million |
| 2007 | 42 | 31 | 11 | $21.9 million |
| 2006 | 99 | 68 | 31 | $47.2 million |
| 2005 | 478 | 183 | 295 | $148.2 million |
| 2004 | 169 | 79 | 90 | $54.6 million |
| 2003 | 266 | 51 | 215 | $55.5 million |
| 2002 | 45 | 45 | 0 | $17.5 million |
| 2001 | 253 | 43 | 210 | $47 million |
| 2000 | 203 | 65 | 138 | $31.6 million |
How Mammoth Lakes ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
8.3 years of income
The typical Mammoth Lakes home costs about 8.3 years of the town's median household income, more than across California (7.7 years).
How Mammoth Lakes ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,670
HUD's Fair Market Rent for a two-bedroom in Mammoth Lakes is $1,670 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mammoth Lakes pay a median of $1,645. A two-bedroom takes about 20% of the town's median household income.
Studio $1,170 · 4 bedrooms $2,760
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (93546; Inyo County, CA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Mammoth Lakes
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.