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Housing in South Lake Tahoe

344 homes sold in South Lake Tahoe in the last year, at a typical $685K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where South Lake Tahoe homes are listed.

Homes for sale in South Lake TahoeZillowRedfinRealtor.comMore places to look ↓
Homes sold
344
October 2025 to September 2026
Typical sale price
$685K
houses $688K · condos $515K (year to May 2026)
Price per square foot
$487
California $490
Paid vs. asking
97.5%
15% sold over asking
For sale now
139
September 2026 · 46 sold that month
What sold · last 12 months

9% of South Lake Tahoe’s sales are condos, at $173K less than a house

287 houses and 32 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$688K

typical sale · 287 sold in the year to May 2026

Per square foot
$487CA $494
Days to sell
66
Sold over asking
16%
Listings with a price cut
23%
Condos$515K

typical sale · 32 sold in the year to May 2026

Per square foot
$515CA $561
Days to sell
138
Sold over asking
3%
Listings with a price cut
16%
Fewer sales

Multi-family (2–4 units): 21 sold, typical $737K
Townhouses: 20 sold, typical $662K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.8 times the 2016 price

344 sales in the last year, against 698 in 2020 and a low of 316 in 2023. The typical sale went from $377K in 2016 to $685K.

Homes soldTypical sale price
0175350525700$275K$450K$625K$800K2012: 517 sold, typical $217K’122013: 499 sold, typical $291K2014: 460 sold, typical $313K’142015: 473 sold, typical $327K2016: 535 sold, typical $377K’162017: 538 sold, typical $398K2018: 490 sold, typical $432K’182019: 499 sold, typical $435K2020: 698 sold, typical $512K’202021: 550 sold, typical $646K2022: 449 sold, typical $663K’222023: 316 sold, typical $648K2024: 391 sold, typical $652K’242025: 365 sold, typical $650KLast 12 months: 344 sold, typical $685KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $700K buys in South Lake Tahoe

Houseat $487 a sq ft, year to May 2026
Condoat $515 a sq ft, year to May 2026
The same money in Californiaat $494 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what South Lake Tahoe homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in South Lake Tahoe are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of South Lake Tahoe’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 344 sales.

If you’re buying in South Lake Tahoe

  • Shop in July. It brings about 71 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 97.5% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 69 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 81 a month), but April is the most competitive: 25% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (20%). December has the least competition (15%) but only about 24 new listings.

New listings a monthShare sold over asking
021.342.563.88513%27%40%Sweet spotJan: 35 new listings a month, 15% sold over asking, 66 days to sellJFeb: 35 new listings a month, 19% sold over asking, 70 days to sellFMar: 46 new listings a month, 22% sold over asking, 52 days to sellMApr: 57 new listings a month, 25% sold over asking, 40 days to sellAMay: 81 new listings a month, 17% sold over asking, 32 days to sellMJun: 78 new listings a month, 20% sold over asking, 34 days to sellJJul: 71 new listings a month, 17% sold over asking, 36 days to sellJAug: 66 new listings a month, 19% sold over asking, 37 days to sellASep: 47 new listings a month, 20% sold over asking, 39 days to sellSOct: 41 new listings a month, 18% sold over asking, 51 days to sellONov: 28 new listings a month, 17% sold over asking, 54 days to sellNDec: 24 new listings a month, 15% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than California

South Lake Tahoe now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price15%11%40%35%
Gone within two weeksShare of homes under contract within 14 days31%26%45%33%
Price paid vs. askingAverage sale price ÷ list price97.5%97.1%100.1%99.9%
Days to sellMedian days from listing to contract69462043
Supply

130 homes for sale on a typical day

That’s 1.6 times the 2021 low (79), 22% fewer than in 2017–19 and well under 2012’s 236.

2012: 236 for sale’122013: 185 for sale2014: 184 for sale2015: 195 for sale’152016: 152 for sale2017: 152 for sale2018: 175 for sale’182019: 174 for sale2020: 110 for sale2021: 79 for sale’212022: 93 for sale2023: 108 for sale2024: 159 for sale’242025: 159 for saleLast 12 months: 130 for saleNow
Prices by type

Since 2019, houses are up 53%, condos 33%

A house typically sold for $688K in the year to May 2026 (287 sales), a condo for $515K (32).

$350K$500K$650K$800K2013201520172019202120232025NowHouses 2013: $305K, 390 salesHouses 2014: $322K, 355 salesHouses 2015: $341K, 360 salesHouses 2016: $394K, 391 salesHouses 2017: $412K, 398 salesHouses 2018: $448K, 360 salesHouses 2019: $449K, 385 salesHouses 2020: $533K, 513 salesHouses 2021: $674K, 415 salesHouses 2022: $695K, 347 salesHouses 2023: $654K, 245 salesHouses 2024: $656K, 301 salesHouses 2025: $684K, 299 salesHouses last 12 months: $688K, 287 salesHouses $688KCondos 2013: $257K, 66 salesCondos 2014: $278K, 73 salesCondos 2015: $287K, 80 salesCondos 2016: $314K, 107 salesCondos 2017: $313K, 93 salesCondos 2018: $381K, 101 salesCondos 2019: $388K, 66 salesCondos 2020: $380K, 90 salesCondos 2021: $432K, 60 salesCondos 2022: $441K, 40 salesCondos 2023: $722K, 26 salesCondos 2024: $635K, 41 salesCondos 2025: $464K, 32 salesCondos last 12 months: $515K, 32 salesCondos $515K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

South Lake Tahoe ranks 519th of 560 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. South Lake Tahoe is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical South Lake Tahoe home costs about $3,909 a month

Mortgage
Property tax
Insurance
Rent

Price: South Lake Tahoe’s typical sale, last 12 months. Property tax at South Lake Tahoe’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether South Lake Tahoe is affordable on local pay is on Cost of living.

Before you buy in South Lake Tahoe

Six things worth knowing

81

New listings in May

The month with the most choice. December has the fewest, about 24.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $685K home, about $4,020 a year.

Taxes vs. neighbors
B

Schools

The schools grade for South Lake Tahoe, from test results, graduation and how much students grow.

Schools in South Lake Tahoe
17 min

Typical commute

The average one-way trip to work for people who live in South Lake Tahoe.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Meyers, Genoa and Minden sell for less a square foot; Round Hill Village and Zephyr Cove for far more

The busier markets within 25 miles of South Lake Tahoe, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
South Lake Tahoe344$685K$48715%69
Minden147$601K$30615%59
Kingsbury85$686K$5464%116
Genoa43$1.3M$4489%114
Meyers43$810K$4485%94
Round Hill Village38$1.8M$7282%163
Zephyr Cove20$1.8M$1,1365%96

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to South Lake Tahoe, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to South Lake Tahoe. People who follow the town see it, and so do people comparing South Lake Tahoe with their own town. No commission, no listing fee.

Questions about buying a home in South Lake Tahoe

What do homes sell for in South Lake Tahoe, CA?

344 homes sold in the year to September 2026 at a typical $685K, $487 a square foot. Houses sold for about $688K, condos for about $515K in the year to May 2026.

Is South Lake Tahoe a buyer’s or seller’s market?

A seller’s market: 139 homes were for sale in September 2026 and 46 sold, about 3 months of supply. Buyers paid 97.5% of asking on average.

When is the best time to buy in South Lake Tahoe?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in South Lake Tahoe?

About 0.6% of a home’s value a year. On a $685K home that’s near $4,020.

Where can I see homes for sale in South Lake Tahoe?

Zillow, Redfin, Realtor.com and Homes.com all carry South Lake Tahoe’s MLS listings; the search links above open each one filtered to South Lake Tahoe.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).