Market Overview
Home Prices in South Lake Tahoe, CA
The median home value in South Lake Tahoe, CA is $665,209 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Lake Tahoe are priced62% above average. South Lake Tahoe is part of the Sacramento-Roseville-Folsom, CA metro area.
Over the past five years, South Lake Tahoe home values have risen by approximately3.3%, reflecting modest growth in this market.
Price History
South Lake Tahoe Home Price Trend
City Comparison
South Lake Tahoe vs. National Median
At $665,209, homes in South Lake Tahoe cost 62% above the national median of $410,000. Buyers in South Lake Tahoe should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South Lake Tahoe?
20% Down Payment
$133,042
on $665,209
Monthly P&I
$3,469/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,406/mo
incl. taxes & insurance
Income Needed
$176,240
gross annual (30% rule)
10% Down Option
$66,521
+ PMI applies
Loan Amount (20% dn)
$532,167
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in South Lake Tahoe, CA?
The median home value in South Lake Tahoe is $665,209 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in South Lake Tahoe?
Over the past year, home values in South Lake Tahoe have decreased by 0.5%. Over five years, prices have risen approximately 3.3%.
How much do I need to earn to buy a home in South Lake Tahoe?
To comfortably afford the median home price of $665,209 with a 20% down payment ($133,042) at today's rates (6.8%), you'd need a gross annual income of approximately $176,240. This assumes keeping total housing costs at or below 30% of gross income.
How does South Lake Tahoe compare to the national average home price?
The national median home value is approximately $410,000. At $665,209, homes in South Lake Tahoe are 62% above the national average.
What metro area is South Lake Tahoe part of?
South Lake Tahoe is part of the Sacramento-Roseville-Folsom, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.