Navigating Big Bear’s 2025 Housing Market: Trends, Prices & Opportunities

Big Bear Lake Real Estate Market Update – May 2025

Big Bear Lake, California, is experiencing a dynamic shift in its real estate market as we move through 2025. Whether you’re considering buying, selling, or investing, here’s a clear and approachable overview of the current trends shaping the area.

🏡 Market Snapshot

• Big Bear Lake: The average home value is approximately $575,291, reflecting a 2.8% decrease over the past year. Homes are spending about 56 days on the market before going pending. According to Zillow

• Big Bear City: The average home value is around $407,150, down 2.4% year-over-year. Homes here are typically pending in about 71 days. According to Zillow

📈 Buyer’s Market Conditions

Both Big Bear Lake and Big Bear City are currently considered buyer’s markets. Homes are generally selling below list price, and multiple offers are uncommon. In Big Bear Lake, properties are selling for about 4% below list price and going pending in approximately 128 days. According to Redfin

📊 Pricing Trends by Property Size Big Bear Lake:

• • 1 Bedroom: $400,000 (up 12.7% year-over-year)

  • 2 Bedrooms: $440,000 (down 7.4%)

  • 3 Bedrooms: $622,500 (down 5.0%)

  • 4 Bedrooms: $828,200 (down 12.8%)

  • 5+ Bedrooms: $1,300,000 (down 10.0%)

🏘️ Inventory & Market Activity

In February 2025, Big Bear Lake had 261 active listings, a 7.4% increase from January. However, the number of homes sold decreased to 13, down from 29 the previous month.

💰 Financing & Investment Opportunities

Mortgage rates remain relatively stable, with 30-year fixed-rate loans averaging around 6.75% and 15-year fixed-rate loans at approximately 6.10%. Adjustable-rate mortgages (ARMs) are available starting at 6.25%.

Big Bear continues to be a popular destination for short-term rentals, especially near the lake and ski resorts. Investors should stay informed about local regulations regarding vacation rentals.

🌄 Why Big Bear?

Beyond the numbers, Big Bear Lake offers a unique lifestyle. With its picturesque lake, year-round recreational activities, and close-knit community, it’s no wonder that many are choosing to call this mountain retreat home.

🧭 Need Guidance?

Whether you’re considering buying, selling, or investing in Big Bear Lake, staying informed is key. The market is evolving, and having a knowledgeable local expert can make all the difference. Feel free to reach out for personalized insights and assistance tailored to your real estate goals.