Market Intelligence · CA / Truckee

Truckee, CA 96161 Housing Market

Typical home value in Truckee, CA 96161 is $1,036,416, up 2.0% over the past year. The median list price stands at $1,050,000, with homes taking a median of 75 days on market.

Updated September 2026Median value$1024K

The median home value in Truckee, CA 96161 is $1.02M as of September 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 96161 range

$942K to $1.11M

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

+2.5% over 12 months

Typical home value in 96161 over the last 12 months: $1000K in Sep 2025 to $1.02M in Sep 2026 (+2.5%).

Sep 2025$1000K

Sep 2026$1.02M

The numbers

What is the 96161 housing market like?

Typical home value

$1.02M

Up2.5%YoY

Median list price

$1.05M

Down1.4%MoM

Days on market

75

Up17.2%MoM

Homes for sale

308

Up1.3%MoM

Price cuts

14.9%

Down8.6%MoM

New listings

72

Down18.2%MoM

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

The outlook

96161 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 96161 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 96161 rose 2.5%, per the Zillow Home Value Index.

Will home prices drop in 96161?

Zillow's forecast does not call for a drop: it expects typical home values in 96161 to rise 1.2% by September 2027, after a 2.5% 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 96161 home prices compare?

  • 96161$1,024,234
  • Truckee$1,024,234
  • 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 (Truckee: 1 ZIP; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Truckee has 308 homes for sale as of September 2026, with 72 new listings entering the market. At a median of 75 days on market, homes are taking time to sell. The median list price is $1,050,000, and about 14.9% of listings have seen a price cut. Despite recent appreciation, the current pace suggests sellers should be realistic about pricing and timing.

Monthly payment

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20% · $204,847

Human help

Licensed pros in 96161.

Matthew Murphy

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Matthew Murphy

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Common questions

What people ask us.

What is the typical home value in Truckee, CA 96161?

The typical home value is $1,036,416, up 2.0% over the past year as of August 2026.

How long do homes take to sell in this area?

Homes in Truckee take a median of 75 days on market, as of September 2026.

How many homes are currently for sale?

There are 308 homes for sale in Truckee as of September 2026, with 72 new listings added recently.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.