Is Mammoth Lakes, CA 93546 a buyer’s or seller’s market?

The Mammoth Lakes housing market right now

In the three months ending August 31, 2026, 7% of homes in Mammoth Lakes, CA 93546 sold above their list price, the typical home went under contract in 40 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 93 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold faster (56 days then) and the median sale price rose 3% to $880,119. Overall, Mammoth Lakes is less competitive than a year ago, which gives buyers more room.

Within Mono County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Mammoth Lakes ranks #979 of 1,069 CA ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Lee Vining 93541 (0% sold over asking) or June Lake 93529 (0% sold over asking), while Bridgeport 93517 (25% sold over asking) and Bishop 93514 (23% sold over asking) are even more competitive.