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Mammoth Lakes, CA Real Estate


According to census data in the year 2000 there were 7,958 housing units in Mammoth Lakes. This represents a 12.1% growth from 7,102 in 1990.

Of those housing units, 6,179 were located in either urbanized areas or urban clusters, and 1,779 were located in what is classified as a rural area.

Homeownership rate in Mammoth Lakes is about 52.8%. Mammoth Lakes's vacancy rate, including seasonal lodging, is about 64.6%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Mammoth Lakes were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom20%
Two Bedrooms39.70%
Three Bedrooms26.60%
Four Bedrooms9.20%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1977
Median Value of occupied units$298,600
Median Price asked for vacant units$305,600

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1976
Median Monthly Rent asked for vacant units$1,857

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.80%
Second Mortgage6.30%
Home Equity Loan9.30%
Simple Mortgage67.30%
Debt Free14.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs28.4%