The housing market in South Lake Tahoe, CA (96150) is quite different than the national average. The median value for housing in South Lake Tahoe is $625,100, which more than double the US median house price of $338,100. This gap has been widening over the past year as well, with the US median house appreciation rate at 8.27%, while houses in South Lake Tahoe appreciated by only 3.89%. As such, it is generally becoming more expensive to purchase a home in this area compared to other parts of the country.
The median home cost in South Lake Tahoe (zip 96150) is $625,100. Home appreciation the last 10 years has been 128.2%. Home Appreciation in South Lake Tahoe (zip 96150) is up 8.6%.
Average Age of Homes
- The median age of South Lake Tahoe (zip 96150) real estate is 44 years old
The Rental Market in South Lake Tahoe (zip 96150)
- Renters make up 23.1% of the South Lake Tahoe (zip 96150) population
- 2.2% of houses and apartments in South Lake Tahoe (zip 96150), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.