Mono County, California Housing Market
In Mono County, California, the median home value is $639,400, with a median monthly rent of $1,629. This places Mono County at #69 nationally out of 3134 counties by median home value, and #20 within California.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $883
- Establishments: 658
- BLS QCEW, 2025
Housing Supply
- Single-family: 41
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,609 (avg $91,126)
- Outflow: 5,234 (avg $92,003)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Mono County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 93529 | 391.4 | — | 2025 |
| 2 | 93546 | 327.9 | +20.05% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Mono County Compares
| Metric | Mono County | California Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $639,400 | $609,221 | $227,706 |
| Median Gross Rent | $1,629 | $1,690 | $968 |
| Owner Occupancy Rate | 65.4% | 63.4% | 73.3% |
| Price/Rent Ratio | 32.7 | 28.5 | 18.7 |
Market Analysis
The median home value in Mono County is 5.0% above the California state average and 180.8% above the U.S. national average. The median rent of $1,629/month is 3.6% below the state average.
With a price-to-rent ratio of 32.7, Mono 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.
Mono County has an owner-occupancy rate of 65.4%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Montgomery County | Maryland | $640,300 | $2,068 |
| Jefferson County | Colorado | $637,600 | $1,861 |
| Barnstable County | Massachusetts | $629,000 | $1,678 |
| Deschutes County | Oregon | $650,900 | $1,787 |
| Western Connecticut Planning Region | Connecticut | $652,900 | $2,110 |
Other Counties in California
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Nevada County | $621,800 | $1,677 | 75.5% |
| Yolo County | $620,700 | $1,857 | 54.3% |
| Solano County | $617,700 | $2,163 | 63.0% |
| El Dorado County | $679,900 | $1,715 | 77.2% |
| Placer County | $688,100 | $2,069 | 74.8% |
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).