Why Live in Mammoth Lakes
The town of Mammoth Lakes has an elevation of nearly 8,000 feet in California's eastern Sierra Nevada mountains. "People think Mammoth Lakes is a lake, but there's no Mammoth Lake. Though you could say there's a mammoth amount of lakes," says Danielle Bauman, a Realtor with Destination Real Estate. The town of around 7,200 is in rural Mono County, about 50 miles from the Nevada border and 80 miles from Fresno. "It's a year-round community. People come to ski or snowboard and then stay for the summer. The summers can't be beat with all the lakes and wildlife and mild temperatures." Bauman grew up in Mammoth Lakes and now lives there with her own family. "It grows on me more and more. It's very special and one of the most peaceful places I've been." Most of the single-family homes have custom designs, including A-frames, log cabins and lodge-style homes. Chalet-inspired features include lofts, balconies and elevated decks that add to the alpine allure. Older homes, with 1,000 square feet to 2,600 square feet, range from about $570,000 to $1.1 million. Homes built after 2000 may have five or more bedrooms and up to 5,500 square feet, with prices ranging from $2.2 to $3.8 million.
Home Trends in Mammoth Lakes, CA
On average, homes in Mammoth Lakes, CA sell after 67 days on the market compared to the national average of 70 days. The median sale price for homes in Mammoth Lakes, CA over the last 12 months is $860,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$860,000
Median Single Family Sale Price
$1,705,000
Median Townhouse Sale Price
$1,280,000
Median 2 Bedroom Sale Price
$720,000
Median 1 Bedroom Sale Price
$570,000
Median Studio Sale Price
$519,000
Average Price Per Sq Ft
$679
Number of Homes for Sale
61
Last 12 months Home Sales
309
Median List Price
$879,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-4%