Buying a Home in Mammoth Lakes, CA: Prices, Volcano Risk & Resort Market
A genuinely liquid resort market with tracked price data — unusual for a Mono County town this small.
Mammoth Lakes is Mono County's only incorporated town and its dominant real estate market — a ski-resort economy with a real, tracked mix of condos and single-family homes rather than the handful of scattered rural sales typical of this county's other communities.
What do homes cost in Mammoth Lakes?
| All home types (median sale price, trailing 3 months, June 2026) | ~$847,000 |
| Average home value (Zillow index, July 2026) | $824,690 |
| Condo (median) | ~$329,000 |
| Single-family home (median) | ~$700,000 |
What’s the transfer tax in Mammoth Lakes?
$0.55 per $500 of consideration ($1.10 per $1,000) — the same countywide rate, with no Mammoth Lakes city-level add-on.
Mammoth Lakes is a general law town and has not adopted its own transfer tax; the Mono County rate applies uniformly.
Market snapshot
- Typical days on market: 35 days as of mid-2026, down from 62 days a year earlier — the market has tightened somewhat.
- Condo and single-family price points diverge meaningfully (~$329,000 vs. ~$700,000 median) — confirm which segment a specific listing falls into before comparing it to county- or town-wide averages.
- Most activity is vacation/second-home and condo purchases — confirm HOA/resort-association dues and any short-term-rental permitting rules specific to Mammoth Lakes before buying.
Frequently asked
What does a typical home cost in Mammoth Lakes?
As of mid-2026, the median sale price across all home types is roughly $847,000 (trailing 3 months), with condos trading around $329,000 and single-family homes around $700,000 — confirm current figures with a local agent since these shift with the season.
Is Mammoth Lakes real estate a fast-moving market?
It has tightened — homes were spending a typical 35 days on market as of mid-2026, down from 62 days a year earlier.
This is educational guidance, not legal advice. Consult a California real estate attorney for legal questions specific to your transaction.