Market Intelligence · CA / Truckee

Truckee, CA 96161 Housing Market

The typical home value in Truckee, CA 96161 is $1,024,234, up 2.5% over the past year as of September 2026. The median list price is $1,050,000, and homes spend a median of 75 days on the 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. 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 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

Sep 2025$1000K

Low $997KHigh $1.02M

Sep 2026$1.02M

The numbers

What is the 96161 housing market like?

As of September 2026

Typical home value

$1.02M

2.5%YoY

Median list price

$1.05M

1.4%MoM

Days on market

17.2%MoM

Homes for sale

308

1.3%MoM

Price cuts

14.9%

8.6%MoM

New listings

18.2%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

As of September 2026, there are 308 homes for sale in 96161, with 72 new listings coming on the market. The median list price of $1,050,000 sits near the typical home value of $1,024,234, and values are up 2.5% over the past year. Homes are taking a median of 75 days to sell, so buyers have time to look around. Sellers should also note that 14.9% of listings have had a price cut. For a seller, this is a market where correct pricing from the start matters, because overpriced homes are sitting and getting reduced.

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Common questions

What people ask us.

How much is a home in 96161 worth?

The typical home value in Truckee, CA 96161 is $1,024,234 as of September 2026, up 2.5% over the past year. The median list price is $1,050,000.

How fast do homes sell in 96161?

Homes in 96161 spend a median of 75 days on the market as of September 2026. There are 308 homes for sale, with 72 new listings added.

Are sellers cutting prices in 96161?

As of September 2026, 14.9% of listings in 96161 have had a price cut. Most sellers have held their asking price, but reductions are a real part of this market.

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Nearby ZIP markets.

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