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Featured local agent — South Lake Tahoe, CA
Sarah Mitchell
Compass Real Estate · South Lake Tahoe, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Lake Tahoe, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$810,000median sale price
How is the South Lake Tahoe, CA housing market right now?
The median home sale price in South Lake Tahoe, CA is $810,000, up 30.1% year-over-year. Homes sell in an average of 41 days with 153 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is South Lake Tahoe a buyer's or seller's market?
South Lake Tahoe, CA is currently a leaning buyer's, based on 5.3 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
41
Average pace
Active listings
153
5.3 months supply
Sale-to-list
98.9%
Below asking
What does the South Lake Tahoe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $810,000 |
| Median list price | $699,999 |
| Year-over-year price change | +30.1% |
| Average days on market | 41 days |
| Active inventory | 153 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $525/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 57 |
| Listings with a price cut | 22.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in South Lake Tahoe by property type?
How the South Lake Tahoe, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $840,000 | $525/sq ft | 22 | 39 days |
| Condo / Co-op | $367,000 | $544/sq ft | 3 | 52 days |
| Townhouse | $840,000 | $353/sq ft | 1 | 124 days |
Source: Redfin · Updated monthly
The South Lake Tahoe housing market is currently classified as a leaning buyer's with a median sale price of $810,000. Prices have risen 30.1% compared to last year, with homes spending an average of 41 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in South Lake Tahoe
There are currently 153 homes listed for sale in South Lake Tahoe, California. The median listing price is $700K.
Active listings
153
Homes on market
Median list price
$700K
Avg. days on market
41
Days until sale
New this week
57
Newly listed
Who lives in South Lake Tahoe?
Population
21,319
Median income
$73,940/yr
Median age
39.3 years
Owner-occupied
46.1%
College grads
34.0%
Avg commute
15.8 min
Source: U.S. Census Bureau ACS
What are homes worth in South Lake Tahoe?
Zillow home value
$666,661
Zillow rent index
$2,831/mo
Price-to-rent ratio
19.6x
Price-to-income
9.0x
Source: Zillow Research
What is it like to live in South Lake Tahoe?
South Lake Tahoe is a community of approximately 21K residents with a median age of 39.3 years.The median household income is $73,940, which represents a working-class community with solid middle-income opportunities. 34.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.1%, showing a blend of owner and renter-occupied properties. The average commute time is 15.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Lake Tahoe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Lake Tahoe?
8 schools tracked · 3,604 students
The largest public schools serving South Lake Tahoe, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
South Tahoe High
Grades 9-12 · 1,108 students
South Tahoe Middle
Grades 6-8 · 765 students
Bijou Community
Grades K-5 · 425 students
Sierra House Elementary
Grades K-5 · 412 students
Tahoe Valley Elementary
Grades K-5 · 402 students
Meyers Elementary
Grades K-5 · 352 students
Elevated Digital Learning Academy
Grades K-12 · 76 students
Mt. Tallac High
Grades 9-12 · 64 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near South Lake Tahoe, CA?
Want a head-to-head view? Compare South Lake Tahoe side-by-side with any other U.S. city using our market-comparison tool.
Is South Lake Tahoe a good real estate investment market?
For investors evaluating South Lake Tahoe, the price-to-rent ratio of 19.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 30.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on South Lake Tahoe's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Lake Tahoe's median home price.
Frequently asked questions
What is the average home price in South Lake Tahoe?
The median home sale price in South Lake Tahoe is $810,000, up 30.1% from last year.
How long do homes stay on market in South Lake Tahoe?
Homes typically spend 41 days on market before going under contract.
What is the median income in South Lake Tahoe?
The median household income is $73,940 per year.
Is South Lake Tahoe a buyer's or seller's market?
With 5.3 months of supply, South Lake Tahoe is currently a leaning buyer's.
What is the Zillow home value estimate for South Lake Tahoe?
The Zillow Home Value Index (ZHVI) for South Lake Tahoe is $666,661, representing the typical home value in the area.
What is the median condo price in South Lake Tahoe?
The median condo/co-op sale price in South Lake Tahoe, CA is $367,000, compared to $840,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Lake Tahoe?
The median single-family home price in South Lake Tahoe, CA is $840,000 (about $525 per square foot).
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