Mendocino County, California Housing Market

In Mendocino County, California, the median home value is $512,200, with a median monthly rent of $1,317. This places Mendocino County at #132 nationally out of 3134 counties by median home value, and #27 within California.

Median Home Value $512,200
Median Rent $1,317/mo
Owner Occupancy 61.7%
Price/Rent Ratio 32.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Mendocino County rose +0.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

24,987
jobs (private sector)
  • Avg weekly wage: $1,026
  • Establishments: 4,312
  • BLS QCEW, 2025
🏗️

Housing Supply

3
new units authorized (2025)
  • Single-family: 3
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1047
net migration (filers, 2021-2022)
  • Inflow: 34,840 (avg $72,272)
  • Outflow: 33,793 (avg $71,875)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Mendocino County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 95460 273.4 — 2024
2 95490 254.8 +4.69% 2025
3 95470 260.4 +9.42% 2025
4 95437 292.6 -4.33% 2025
5 95425 247.5 -2.93% 2025
6 95482 239.4 -1.19% 2025
7 95445 227.5 — 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Mendocino County Compares

MetricMendocino CountyCalifornia AverageU.S. Average
Median Home Value $512,200 $609,221 $227,706
Median Gross Rent $1,317 $1,690 $968
Owner Occupancy Rate 61.7% 63.4% 73.3%
Price/Rent Ratio 32.4 28.5 18.7

Market Analysis

The median home value in Mendocino County is 15.9% below the California state average and 124.9% above the U.S. national average. The median rent of $1,317/month is 22.1% below the state average.

With a price-to-rent ratio of 32.4, Mendocino County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Mendocino County has an owner-occupancy rate of 61.7%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ada County Idaho $512,300 $1,577
Kendall County Texas $512,700 $1,606
Benton County Oregon $513,000 $1,410
Washington County Rhode Island $510,800 $1,327
Washington County Utah $510,700 $1,566

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
San Bernardino County $505,000 $1,801 62.1%
San Joaquin County $530,700 $1,734 62.0%
Sacramento County $534,200 $1,790 59.0%
Riverside County $557,300 $1,901 69.1%
Calaveras County $457,200 $1,625 84.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).