Market Intelligence · CA / South Lake Tahoe

South Lake Tahoe, CA 96150 Housing Market

The typical home value in South Lake Tahoe's 96150 ZIP code is $667,087, up 2.4% over the past year as of September 2026. The median list price sits at $749,000, and homes are taking a median of 65 days to sell.

Updated September 2026Median value$667K

The median home value in South Lake Tahoe, CA 96150 is $667K as of September 2026, up 2.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 96150 range

$614K to $720K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.4% over 12 months

Sep 2025$652K

Low $652KHigh $667K

Sep 2026$667K

The numbers

What is the 96150 housing market like?

As of September 2026

Typical home value

$667K

2.4%YoY

Median list price

$749K

0.8%MoM

Days on market

3.2%MoM

Homes for sale

199

0.5%MoM

Price cuts

16.6%

2.7%MoM

New listings

26.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

96150 housing market forecast 2027

-0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 96150 to fall 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 96150 rose 2.4%, per the Zillow Home Value Index.

Will home prices drop in 96150?

Zillow's forecast says they may: it expects typical home values in 96150 to fall 0.8% by September 2027, after a 2.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 96150 home prices compare?

96150$667,087
South Lake Tahoe$667,087
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (South Lake Tahoe: 1 ZIP; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 199 homes for sale in 96150, with 50 new listings coming on the market. The median list price of $749,000 sits above the typical home value of $667,087, which has risen 2.4% over the past year. Homes are moving at a measured pace, with a median of 65 days on market, and 16.6% of listings have taken a price cut. For a seller, this points to a market where values are still edging up but buyers have enough choice to negotiate, so pricing realistically from the start matters more than testing the high end.

Monthly payment

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Home price

Down payment20% · $133,417

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Common questions

What people ask us.

How much is a home in 96150 worth?

The typical home value in 96150 is $667,087 as of September 2026, up 2.4% over the past year. The median list price for homes on the market is $749,000.

How long does it take to sell a home in 96150?

Homes in 96150 are spending a median of 65 days on the market as of September 2026. About 16.6% of current listings have had a price cut.

How competitive is the South Lake Tahoe housing market?

As of September 2026, there were 199 homes for sale in 96150 with 50 new listings. The typical home value of $667,087 is up 2.4% over the past year, suggesting modest appreciation rather than a heated market.

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