Homes for Sale Under 500K in Mendocino, CA

83 Homes

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Mendocino, CA Housing Market Overview

Mendocino's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 6-month supply of homes and an average of 70 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

70

Inventory

83

Aug 2021May 2024Feb 2026

Median Home Price

$1,125,000Down 0.00%

In Feb 2026 · YoY

Jul 2021Apr 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Supply

Homes For Sale
83 Down 0.00%
Newly Listed Homes
2 Down 0.00%
Months of Supply
6 Down 0.00%

Demand

Homes Sold
1 Down 0.00%
Sale-to-List Ratio
95.7% Down 0.00%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Mendocino Market Report
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    Based on information from California Regional Multiple Listing Service, Inc. as of Aug 28, 2026, 12:45 PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2024 California Regional Multiple Listing Service. All Rights Reserved.

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Mendocino, CA Housing Marketlink qauare
Homes Available icon

83

Homes Available

Median List Price icon

$ 1,125,000

Median List Price

Avg on Market icon

70 Days

Avg on Market

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