Is Mono Hot Springs, CA 93642 a buyer’s or seller’s market?
Mono Hot Springs is a buyer’s market. With about 13.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mono Hot Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Mono Hot Springs, CA 93642 sold above their list price, the typical home went under contract in 62 days and there were 13.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (32 days then) and the median sale price rose 22% to $438,810. Overall, Mono Hot Springs is less competitive than a year ago, which gives buyers more room.
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Where Mono Hot Springs is
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Questions about Mono Hot Springs real estate
Is Mono Hot Springs a buyer’s or seller’s market?
A buyer’s market: there were 13.9 months of supply in Mono Hot Springs, CA 93642 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mono Hot Springs?
The typical home went under contract in 62 days in the latest three months.
Do homes in Mono Hot Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What is the median home price in Mono Hot Springs?
The median sale price was $438,810 in the three months ending August 31, 2026, about $281 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology