Big Bear Lake, CA—92315
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Big Bear Lake, CA
As of Oct '25, the median home price in Big Bear Lake, CA is $545,000, with a year-over-year change of -6.6%. This indicates that home prices in Big Bear Lake, CA are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $545,000 | -6.6% |
| Single Family | $560,000 | -7.0% |
| Condos | $437,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $295,000 | -10.1% |
2 Bed | $424,000 | -7.8% |
3 Bed | $606,000 | -6.5% |
4 Bed | $837,000 | -5.5% |
| 5 Bed | $1,213,000 | -4.7% |
% of Housing Stock
Rental Trends — Big Bear Lake, CA
As of July '25, Rentcast reports the average rent in Big Bear Lake, CA is $2,560, with a year-over-year rent change of 23.1%. Per bedroom, the median rent as of July '25 in Big Bear Lake, CA is studios: $1,720, 1-bedrooms: $1,490, 2-bedrooms: $2,190, 3-bedrooms: $2,880, 4-bedrooms: $3,800. The most common rental property sizes in Big Bear Lake, CA are 2-bedroom and 3-bedroom, accounting for 27.7% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,560 |
| Studio Rent | $950 | $1,720 |
| 1 Bed Rent | $1,500 | $1,490 |
| 2 Bed Rent | $1,900 | $2,190 |
| 3 Bed Rent | $2,680 | $2,880 |
| 4 Bed Rent | $2,800 | $3,800 |
% of Rental Stock
Property Listings — Big Bear Lake, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Big Bear Lake, CA is 106. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $589,000 | -7.0% |
Listing Count | 388 | 6.0% |
| Listings as % of Homes | 2.1% | 6.0% |
Days on Market | 106 | 7.0% |
Demographics — Big Bear Lake, CA
As of the latest ACS Survey released in 2023, Big Bear Lake, CA has a population of 5,220, which has remained stable by -0.4% over the past 5 years. Big Bear Lake, CA is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,220 | -0.4% |
% Under 18 | 18.5% | -12.3% |
% Seniors | 23.4% | 4.5% |
% WFH | 24.4% | 165.2% |
% w/ College Degree | 33.8% | 30.0% |
As of the latest ACS Survey released in 2023, Big Bear Lake, CA is a predominantly white area, with 68.8% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Big Bear Lake, CA is hispanic, making up 24.4% of the population. Foreign-born residents account for 12.6% of the population in Big Bear Lake, CA, and this percentage has increased by 5.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | 0.7% |
% Black | 0.6% | -40.0% |
% Hispanic | 24.4% | -13.5% |
% Asian | 2.4% | 100.0% |
% Foreign Born | 12.6% | 5.0% |
Mortgage and Risk — Big Bear Lake, CA
According to HUD data as of 2023, there were 311 mortgage originations in Big Bear Lake, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Big Bear Lake, CA. Investor activity is low, as 12.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 311 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 12.0% |
% Second Loans | 50.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Big Bear Lake, CA
As of 2024, the percent of homes in Big Bear Lake, CA under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Big Bear Lake, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,500 | $1,450 |
| 2 Bedroom | -$90 | $1,900 | $1,810 |
| 3 Bedroom | -$240 | $2,680 | $2,440 |
| 4 Bedroom | $180 | $2,800 | $2,980 |
Affordability — Big Bear Lake, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $545,000 |
| Median Household Income | $79,300 |