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All market snapshots / 96150

South Lake Tahoe, CA 96150 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
South Lake Tahoe, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 104104PendingPending sales: 77
South Lake Tahoe, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $849k$849kSoldMedian sold price (last 6 months): $674k$674k
What homes actually sell for in South Lake Tahoe, CA
Distribution of 401 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $525k to $930k
$302k to $513k: 74 sales$302k$513k to $724k: 138 sales138sales$724k to $934k: 70 sales$724k$934k to $1.15M: 30 sales$1.15M to $1.36M: 27 sales$1.15M$1.36M to $1.57M: 12 sales$1.57M to $1.78M: 5 sales$1.57M$1.78M to $1.99M: 4 salesMedian $674k

What the numbers say

As of October 26, 2026, Resideline is tracking 104 active listings and 7 pending sales in ZIP code 96150. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $849,000, while the median of the 401 closed sales Resideline tracked over the last six months was $673,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 96150 for 93 days.

Frequently asked questions

What is the median home price in 96150?

The median closed sale price in South Lake Tahoe, CA 96150 was $673,500 over the last six months, based on 401 closed sales tracked by Resideline. The middle half of those sales ranged from $525,000 to $930,000.

Is 96150 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 104 active listings in 96150, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 96150 is currently a typical-pace market.

Nearby ZIP code market data

Full South Lake Tahoe, CA housing market report →

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