The typical owner-occupied home in Markleeville is worth about $583,300, 21% below the California median of $734,700 and 75% above the national median of $332,700. Owners pay a median $5,139 a year in property taxes, about 0.88% of their home's value, higher than the California rate of 0.70%. 79% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Markleeville at a glance
| Markleeville | California | U.S. | |
|---|---|---|---|
| Median home value | $583,300 | $734,700 | $332,700 |
| Median property tax paid per year | $5,139 | $5,124 | $3,119 |
| Property tax as a share of value | 0.88% | 0.70% | 0.94% |
| Median household income | – | $99,122 | $80,734 |
| Homes lived in by their owners | 79% | 56% | 65% |
| Owner homes with a mortgage | 71% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,667 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1959 | 1976 | 1980 |
| Vacant homes | 66.9% | 7.5% | 10.1% |
| Population | 110 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Markleeville
At this week's average 30-year rate of 7.11%, buying the median Markleeville home of $583,300 with 20% down costs about $3,810 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,782, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $163,282 for the 20%-down payment.
| Down payment | $116,660 |
|---|---|
| Loan amount | $466,640 |
| Principal and interest | $3,139 |
| Property taxes (0.88% a year) | $428 |
| Homeowners insurance (our estimate, 0.5% a year) | $243 |
| PMI | $0 |
| Total per month | $3,810 |
Change the numbers in the calculator
| Down payment | $20,416 |
|---|---|
| Loan amount | $572,735 |
| Principal and interest | $3,853 |
| Property taxes (0.88% a year) | $428 |
| Homeowners insurance (our estimate, 0.5% a year) | $243 |
| FHA mortgage insurance | $258 |
| Total per month | $4,782 |
Change the numbers in the calculator
Questions about home buying in Markleeville
What is the median home value in Markleeville?
About $583,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Markleeville?
Homeowners pay a median $5,139 a year, which is about 0.88% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Markleeville?
For the median home with 20% down at 7.11%, the payment is about $3,810 a month. Keeping that under 28% of gross income takes about $163,282 a year.
More about Markleeville
- Mortgage Refinance in Markleeville
- Debt Relief in Markleeville
- Home Equity Loans in Markleeville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data