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All market snapshots / 96150

South Lake Tahoe, CA 96150 Housing Market

Data snapshot: September 14, 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: 101101PendingPending 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): $720k$720kSoldMedian sold price (last 6 months): $670k$670k
What homes actually sell for in South Lake Tahoe, CA
Distribution of 384 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $519k to $932k
$275k to $492k: 57 sales$275k$492k to $710k: 142 sales142sales$710k to $928k: 69 sales$710k$928k to $1.14M: 30 sales$1.14M to $1.36M: 25 sales$1.14M$1.36M to $1.58M: 14 sales$1.58M to $1.8M: 5 sales$1.58M$1.8M to $2.02M: 3 salesMedian $670k

What the numbers say

As of September 14, 2026, Resideline is tracking 101 active listings and 7 pending sales in ZIP code 96150. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $719,900, while the median of the 384 closed sales Resideline tracked over the last six months was $670,000. 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 67 days.

Frequently asked questions

What is the median home price in 96150?

The median closed sale price in South Lake Tahoe, CA 96150 was $670,000 over the last six months, based on 384 closed sales tracked by Resideline. The middle half of those sales ranged from $519,000 to $932,000.

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

Resideline is currently tracking 7 pending sales against 101 active listings in 96150, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 96150 currently looks like a balanced market.

Nearby ZIP code market data

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