93546, Mammoth Lakes, CA

Home Equity and Home Prices in the 93546 Zip Code of Mammoth Lakes, CA

The home equity and home prices in the 93546 zip code of Mammoth Lakes, CA are very high. The median home value is $1,836,000 and the average home value is $2,527,000. This makes this zip code one of the most expensive in California. In addition, the percentage of homes that are owned outright is high at 87%. This indicates that many people in this zip code are able to borrow against their homes to purchase other items or pay off debts. This high level of homeownership may be a contributing factor to the high home values in this area.

Another factor that contributes to the high home values in this zip code is the low number of homes that are vacant. There are only 2% of homes vacant which is lower than most other areas in California. This indicates that there is strong demand for housing here which can lead to higher prices. Additionally, there is a large number of luxury homes available here which can also contribute to higher prices.