Mendocino, CA—95460
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mendocino, CA
As of Oct '25, the median home price in Mendocino, CA is $895,000, with a year-over-year change of -8.0%. This indicates that home prices in Mendocino, CA are decreasing. According to Zillow, the 1-year price projection is -5.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $895,000 | -8.0% |
| Single Family | $896,000 | -7.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mendocino, CA
As of July '25, Rentcast reports the average rent in Mendocino, CA is $5,170, with a year-over-year rent change of 20.8%. Per bedroom, the median rent as of July '25 in Mendocino, CA is 1-bedrooms: $3,540, 3-bedrooms: $6,800. The most common rental property sizes in Mendocino, CA are 1-bedroom and 2-bedroom, accounting for 35.0% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,540 | $5,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,540 | $3,540 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $6,800 | $6,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mendocino, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mendocino, CA is 132. This is a increase of 27.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,290,000 | -15.0% |
Listing Count | 21 | -14.0% |
| Listings as % of Homes | 0.4% | -14.0% |
Days on Market | 132 | 27.0% |
Demographics — Mendocino, CA
As of the latest ACS Survey released in 2023, Mendocino, CA has a population of 2,140, which has decreased by -5.8% over the past 5 years. Mendocino, CA is a less popular place for families, as children make up 8.6% of the population. The area has a moderately educated workforce, with 40.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,140 | -5.8% |
% Under 18 | 8.6% | -30.1% |
% Seniors | 44.8% | 16.1% |
% WFH | 13.3% | -15.3% |
% w/ College Degree | 40.4% | -31.5% |
As of the latest ACS Survey released in 2023, Mendocino, CA is a predominantly white area, with 88.6% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Mendocino, CA is hispanic, making up 5.6% of the population. Foreign-born residents account for 0.5% of the population in Mendocino, CA, and this percentage has decreased by 94.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.6% | 4.5% |
% Black | 1.8% | ∞% |
% Hispanic | 5.6% | 21.7% |
% Asian | 1.8% | -71.0% |
% Foreign Born | 0.5% | -94.3% |
Mortgage and Risk — Mendocino, CA
According to HUD data as of 2023, there were 22 mortgage originations in Mendocino, CA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Mendocino, CA. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Mendocino, CA
Mendocino, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$2,050 | $3,540 | $1,490 |
| 2 Bedroom | N/A | N/A | $1,960 |
| 3 Bedroom | -$4,050 | $6,800 | $2,750 |
| 4 Bedroom | N/A | N/A | $3,290 |
Affordability — Mendocino, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15.7 |
| Median Home Price | $895,000 |
| Median Household Income | $68,500 |