Lake Tahoe Real Estate Market Report: Q3 2026
Sales, prices, days on market and what sellers got against their first list price, by region and town, compared with the same quarter a year earlier. Rebuilt from the MLS every quarter.
By region
| Region | Sales | vs Q3 2025 | Median price | Price YoY | Median days | % of first price | For sale now |
|---|---|---|---|---|---|---|---|
| Incline Village & Crystal Bay (NV) | 133 | +7% | $1,250,000 | -18% | 81 | 95.1% | 171 |
| North & West Shore (CA) | 130 | -13% | $1,197,500 | +8% | 28 | 96.6% | 174 |
| Truckee & Olympic Valley | 276 | +24% | $1,250,000 | +14% | 24 | 96.9% | 423 |
| South Shore | 269 | +15% | $690,000 | +3% | 63 | 96.1% | 362 |
By town
Towns with at least 10 sales in Q3 2026. Smaller towns are included in their region above. With a few dozen sales a quarter, one large sale can move a town's median, so read the year-over-year changes with that in mind.
| Town | Sales | Median price | Price YoY | $/sq ft | Median days | % of first price | For sale now |
|---|---|---|---|---|---|---|---|
| Truckee | 253 | $1,275,000 | +11% | $661 | 24 | 97.1% | 373 |
| South Lake Tahoe | 217 | $650,000 | +4% | $467 | 60 | 97.0% | 254 |
| Incline Village | 132 | $1,250,000 | -13% | $758 | 80 | 95.0% | 160 |
| Tahoe City | 39 | $1,475,000 | +12% | $748 | 21 | 97.8% | 44 |
| Stateline | 29 | $1,150,000 | +28% | $605 | 66 | 95.1% | 66 |
| Carnelian Bay | 27 | $1,050,000 | +4% | $622 | 49 | 94.7% | 28 |
| Olympic Valley | 23 | $979,000 | +4% | $811 | 46 | 94.9% | 50 |
| Tahoe Vista | 18 | $897,500 | +80% | $694 | 26 | 96.6% | 32 |
| Tahoma | 18 | $875,000 | -7% | $685 | 60 | 94.9% | 28 |
| Zephyr Cove | 16 | $2,057,500 | +48% | $1,016 | 82 | 91.9% | 24 |
| Kings Beach | 15 | $985,000 | 0% | $606 | 10 | 96.8% | 38 |
| Homewood | 13 | $1,615,000 | +6% | $1,094 | 18 | 98.5% | 4 |
What it means if you're selling
- Price for the first 30 days. Across Tahoe, homes that sell within a month get about their full first list price; homes that sit past 120 days get far less. The numbers are in our overpricing report.
- Time the listing. Our analysis of 6,715 closings shows when Tahoe homes sell fastest and closest to asking: best time to sell.
- Check what makes your home different. STR permit eligibility (permits never transfer with a sale), TRPA land coverage, lake access and HOA rules move Tahoe prices more than bedroom counts. See our TRPA coverage and STR permit report. Get a valuation built on the actual comparable sales.
- Choose your agent on results, not volume. Sales volume is the wrong number: ask how many listings the agent will handle alongside yours. In our September 2026 study, agents who typically handled one or two listings at a time got their sellers more and sold faster than agents juggling more, says Murat Gocmen. How to choose who sells your home, and our own record, listing by listing.
Questions
How is the Lake Tahoe real estate market in Q3 2026?
According to Real Estate Tahoe's quarterly market report, 808 homes sold across the Lake Tahoe basin and Truckee in Q3 2026, +11% from Q3 2025. The median sale price was $985,000 (0% year over year), homes took a median 47 days to sell, and sellers got a median 96.2% of their first list price.
How is the Incline Village & Crystal Bay (NV) real estate market in Q3 2026?
In Q3 2026, 133 homes sold in Incline Village & Crystal Bay (NV) (+7% vs Q3 2025) at a median $1,250,000 (-18% year over year), a median 81 days on market and 95.1% of first list price, with 171 homes currently for sale. Source: Real Estate Tahoe market report, from MLS closings.
How is the North & West Shore (CA) real estate market in Q3 2026?
In Q3 2026, 130 homes sold in North & West Shore (CA) (-13% vs Q3 2025) at a median $1,197,500 (+8% year over year), a median 28 days on market and 96.6% of first list price, with 174 homes currently for sale. Source: Real Estate Tahoe market report, from MLS closings.
How is the Truckee & Olympic Valley real estate market in Q3 2026?
In Q3 2026, 276 homes sold in Truckee & Olympic Valley (+24% vs Q3 2025) at a median $1,250,000 (+14% year over year), a median 24 days on market and 96.9% of first list price, with 423 homes currently for sale. Source: Real Estate Tahoe market report, from MLS closings.
How is the South Shore real estate market in Q3 2026?
In Q3 2026, 269 homes sold in South Shore (+15% vs Q3 2025) at a median $690,000 (+3% year over year), a median 63 days on market and 96.1% of first list price, with 362 homes currently for sale. Source: Real Estate Tahoe market report, from MLS closings.
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Get my home's value Talk to a brokerMethod: closed residential sales at $50,000 or more with a sold date in Q3 2026 (July 1, 2026 to the end of the quarter), compared with Q3 2025, in Incline Village, Crystal Bay, Kings Beach, Tahoe Vista, Carnelian Bay, Tahoe City, Homewood, Tahoma, Olympic Valley, Truckee, South Lake Tahoe, Meyers, Stateline, Zephyr Cove and Glenbrook. Leases are excluded, and a home reported by two MLS systems is counted once. Year-over-year changes are shown when both quarters have at least 5 sales. Price per square foot uses homes with at least 300 square feet reported. "For sale now" counts active listings today. Source: Incline Village Board of REALTORS® MLS, Tahoe Sierra MLS, Northern Nevada Regional MLS and South Tahoe Association of REALTORS® MLS records. Information is deemed reliable but not guaranteed.