There are currently 8,962 real estate properties in Mammoth Lakes, CA, with a median automated valuation model (AVM) price of $489,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mammoth Lakes, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mammoth Lakes, CA, is $599,299.00, with the most expensive house in Mammoth Lakes, CA, topping out at $7,850,900.00 and the cheapest home in Mammoth Lakes, CA, clocking in at $76,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Mammoth Lakes, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mammoth Lakes, CA, is on a rollercoaster ride. The average rent price in Mammoth Lakes, CA, is $2,114.00. Indeed, when looking to rent in Mammoth Lakes, CA, you can expect to pay as little as $1,120.00 or as much as $5,520.00, with the average rent median estimated to be $2,020.00. The good news is that finding an affordable and desirable property to rent in Mammoth Lakes, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Mammoth Lakes, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Mammoth Lakes, CA and much more. Save thousands at closing with home foreclosure listings in Mammoth Lakes, CA — up to 75% off market value!
Mammoth Lakes is located in Mono, California, with an estimated municipal population of 8,235 residents. All of the best foreclosed homes for sale in Mammoth Lakes are located in the following zip code areas on Foreclosure.com: 93546. The estimated population per square kilometer (.62 miles) in Mammoth Lakes is 127.
So, about how much do homes cost in Mammoth Lakes? The most recent median value of resident-owned homes in Mammoth Lakes is 336,171. An estimated 46.9 percent of households in Mammoth Lakes own their homes, with an average family size of 4.46. The median household income in Mammoth Lakes is 59,620, with18.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mammoth Lakes, the median commute time of resident workers (in minutes) is 11.4. And last, but certainly not least, are you looking for homes to rent in Mammoth Lakes? If so, the average rent price paid by renters in Mammoth Lakes is 1,266, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Mammoth Lakes, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Mammoth Lakes is 31.6, split between 54.5 percent male versus 45.5 female. The percentage of residents who report being married in Mammoth Lakes is 29.1, with an average family size of 4.46.
The percentage of residents who report their race in Mammoth Lakes is as follows:
|Black / African American||0.9%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Mammoth Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Mammoth Lakes?
The percentage of residents who report their age in Mammoth Lakes is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Mammoth Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mammoth Lakes.
How do you know that living in -- or moving to -- Mammoth Lakes is right where you need to be? Perhaps you grew up in Mammoth Lakes or already live nearby; therefore, the decision to buy a home in Mammoth Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mammoth Lakes for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Mammoth Lakes:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Mammoth Lakes.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Mammoth Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Mammoth Lakes, meanwhile, can field multiple offers from more qualified buyers.