Lake Tahoe Real Estate Market Update: October 2026

Homes for sale in Truckee & Northstar now

Live MLS listings related to this article.

$22,000,000 5 bd · 7.5 ba 9519 Wawona Court, Truckee

$21,950,000 7 bd · 9 ba 10981 Olana Drive, Truckee

$7,950,000 10 bd · 11.5 ba 19505 Glades Court, Truckee

$4,750,000 5 bd · 5.5 ba 1764 Grouse Ridge Road, Truckee

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186 homes sold across Lake Tahoe and Truckee in October, at a median price of $1,065,000, against 260 homes at $900,000 in October 2025. The typical home took 56 days to sell and closed at 95.2% of its first list price; 48% sold for 5% or more below it. With 761 homes for sale, the lake holds 4.1 months of supply: balanced overall, with houses at 3.5 months, condos at 5.8 and homes over $3 million at more than six.

Over the past 12 months, 2,231 homes sold at a median $1,050,000, up 6% on the year before. The median price per square foot, which compares like with like, is up 2%. Fewer homes are selling, but prices are not falling across the lake; the drops are local, mostly on the California North Shore.

October 2026 at a glance

Every home sale recorded on the four MLS boards that serve Lake Tahoe and Truckee, with homes listed on two boards counted once. Medians throughout.

What stood out in October

• Fewer sales, firmer prices. 186 homes sold, against 260 in October 2025, while the median price per square foot was up 11% on the same month a year ago. One month swings with the mix of what sold; over 12 months it is up 2%. Late-filed closings usually add a handful of sales after a month ends, as they did for September, so the gap with last year should narrow a little, not close.
• Houses are tight; condos are not. Houses have 3.5 months of supply and condos 5.8, and only 35 of October's 186 sales were condos. The gap is widest in South Lake Tahoe (3.3 months for houses, 7.3 for condos) and Olympic Valley, where 35 condos are for sale, 11.4 months' worth.
• Over $3 million, buyers set the terms. Homes from $3 million to $5 million have 6.6 months of supply and homes over $5 million 6.4. 62% of October's $3 million to $5 million sales closed at least 5% under their first list price. The top sale was 1146 Hwy 50 in Glenbrook at $19,000,000.
• The first price is doing the damage. Homes that sold within two months closed at a median 96.7% to 100.0% of their first list price. Homes that sat two to four months closed at 93.6%, and past four months at 87.8%. 358 of the 761 homes for sale have already cut their price.
• Sellers pulled back before the snow. 156 listings were withdrawn or expired in October, against 83 in September (September's dates were partly estimated, so read the comparison loosely). New listings fell to 188 from 278 and contracts to 168 from 236. With listings leaving faster than they arrive, homes for sale fell to 761, so supply is not piling up into winter.
• California's North Shore is soft; Incline Village is firm. Over 12 months, price per square foot is down 7% in Kings Beach, down 11% in Carnelian Bay and down 7% in Tahoe City. In Incline Village it is up 6%, on 335 sales.
• Under three months of supply, a seller's market: Soda Springs & Serene Lakes (1.3), Homewood (1.4), Glenshire (1.9), Montreux (1.9), Tahoe Island Park (2.1), Tahoe Donner (2.3), Tahoe Vista (2.6), Martis Camp (2.9). Over seven months, a buyer's market: Olympic Valley Village & Resort (11.3), Lahontan (9.9), Olympic Valley (8.3), Lake Forest (7.8), Glenbrook (7.2). (Neighborhoods with at least 15 sales in the past year.)

By price range

Months of supply under 4 favors sellers, 4 to 6 is balanced, and over 6 favors buyers.

Condos are the soft side in Truckee, Northstar and Olympic Valley (7.1 months of supply against 3.2 for houses) and on the South Shore (6.2 against 3.6). In Incline Village and Crystal Bay the two are level, 4.4 months for condos and 4.2 for houses.

By region

The Lake Tahoe totals above cover the four basin and Truckee regions. The Reno–Carson communities are reported on their own.

Neighborhood by neighborhood

Every neighborhood we cover, town by town. A handful of sales can move a small neighborhood's median a long way, so read the 12-month numbers alongside the month. Jump to: Incline Village & Crystal Bay · North & West Shore · Truckee, Northstar & Olympic Valley · South Shore · Reno–Carson golf & valley communities.

Incline Village & Crystal Bay (NV)

Incline Village closed 29 home sales, against 30 in October 2025: 15 houses at a $4.00M median and 13 condos at $950K. It held its sales count far better than Truckee or South Lake Tahoe, but it was slow: a median 83 days on market. Price per square foot is up 6% over 12 months. Crystal Bay had 1 closing, 120 State Route 28 #6 at $3,950,000, 80.6% of its first list price after 374 days.

Incline Village

29 homes sold in October at a median $1.59M ($771 a square foot). The typical sale took 83 days and closed at 95.6% of its first list price; 41% sold for 5% or more below it. One lot sold as well. 116 homes are for sale at a median asking price of $1.38M, 4.2 months of supply, with 29 more under contract. Over the past 12 months, 335 homes sold at a median $1.50M, and the median price per square foot is up 6% on the 12 months before.

• Lakeview: One home sold in October: 706 Lakeshore, 5 bedrooms and 1,984 sq ft, for $5,000,000 after 70 days on the market at 116.3% of its first list price. 1 home is for sale, 1.7 months of supply. Over the past 12 months, 7 homes sold at a median $6.40M.
• Mill Creek: One home sold in October: 1064 Mill Creek Road, 3 bedrooms and 1,152 sq ft, for $2,600,000 after 154 days on the market at 97.2% of its first list price. 3 homes are for sale at a median asking price of $4.25M, 4.5 months of supply, with 1 more under contract. Over the past 12 months, 8 homes sold at a median $3.17M.
• Ponderosa: One home sold in October: 553 Silvertip Drive, 5 bedrooms and 4,654 sq ft, for $3,296,000 after 21 days on the market at 95.6% of its first list price. 5 homes are for sale at a median asking price of $4.49M, 5.5 months of supply, with 2 more under contract. Over the past 12 months, 11 homes sold at a median $2.95M.

Crystal Bay

One home sold in October: 120 State Route 28 #6, 2 bedrooms and 1,726 sq ft, for $3,950,000 after 374 days on the market at 80.6% of its first list price. 8 homes are for sale at a median asking price of $7.68M, 9.6 months of supply, with 1 more under contract. Over the past 12 months, 10 homes sold at a median $4.92M.

• Lakefront Estates: No homes closed in October; the most recent sale was 120 State Route 28 #47, $10,650,000 on Aug 20. None is for sale; 1 is under contract. Over the past 12 months, 3 homes sold at a median $10.7M.
• Stillwater Cove: One home sold in October: 120 State Route 28 #6, 2 bedrooms and 1,726 sq ft, for $3,950,000 after 374 days on the market at 80.6% of its first list price. 2 homes are for sale. Over the past 12 months, 3 homes sold at a median $5.90M.

North & West Shore (CA)

The California North and West Shore closed 38 sales, against 47 a year ago, at a $1.18M median, and 63% of them closed 5% or more below the first price, the highest share of any region. The biggest was 5390 North Lake Boulevard in Carnelian Bay at $6,600,000. Homewood and Tahoe Vista are the tight spots, with 1.4 and 2.6 months of supply and 12 homes under contract between them.

Kings Beach

8 homes sold in October at a median $818K ($563 a square foot). The typical sale took 60 days and closed at 92.0% of its first list price; 75% sold for 5% or more below it. 30 homes are for sale at a median asking price of $1.07M, 6.4 months of supply, with 4 more under contract. Over the past 12 months, 56 homes sold at a median $830K, and the median price per square foot is down 7% on the 12 months before.

• Brockway Springs: No homes closed in October; the most recent sale was 9200 Brockway Springs Drive #68, $1,750,000 on Aug 3. 1 home is for sale. Over the past 12 months, 5 homes sold at a median $1.75M.
• Kingswood Village & Downtown: One home sold in October: 1001 Commonwealth Drive #180, 1 bedrooms and 979 sq ft, for $475,000 after 14 days on the market at 95.2% of its first list price. 4 homes are for sale at a median asking price of $535K, 3.2 months of supply, with 1 more under contract. Over the past 12 months, 15 homes sold at a median $600K.

Tahoe Vista

Three homes sold in October, for $1.86M, $1.06M, and $875K. 11 homes are for sale at a median asking price of $899K, 2.6 months of supply, with 8 more under contract. Over the past 12 months, 51 homes sold at a median $918K, and the median price per square foot is down 7% on the 12 months before.

• Tahoe Vista Lakefront & Beaches: No homes closed in October; the most recent sale was 7708 North Lake Boulevard, $4,175,000 on Sep 14. 2 homes are for sale, 2.7 months of supply, with 2 more under contract. Over the past 12 months, 9 homes sold at a median $1.15M.

Carnelian Bay

8 homes sold in October at a median $1.58M ($673 a square foot). The typical sale took 72 days and closed at 93.7% of its first list price; 75% sold for 5% or more below it. 22 homes are for sale at a median asking price of $997K, 4.1 months of supply, with 7 more under contract. Over the past 12 months, 65 homes sold at a median $1.05M, and the median price per square foot is down 11% on the 12 months before.

• Carnelian Bay Lakefront: One home sold in October: 5390 North Lake Boulevard, 5 bedrooms and 3,000 sq ft, for $6,600,000 after 302 days on the market at 77.6% of its first list price. 1 home is for sale, with 1 more under contract.

Tahoe City

10 homes sold in October at a median $1.43M ($719 a square foot). The typical sale took 21 days and closed at 94.4% of its first list price; 50% sold for 5% or more below it. One lot sold as well. 30 homes are for sale at a median asking price of $1.15M, 3.2 months of supply, with 11 more under contract. Over the past 12 months, 112 homes sold at a median $1.25M, and the median price per square foot is down 7% on the 12 months before.

• Dollar Point: No homes closed in October; the most recent sale was 156 Roundridge Road, $1,995,000 on Sep 16. 2 homes are for sale, 2.7 months of supply, with 1 more under contract. Over the past 12 months, 9 homes sold at a median $2.00M.
• Lake Forest: One home sold in October: 2755 North Lake Boulevard #67, 2 bedrooms and 957 sq ft, for $490,000 after 16 days on the market at 105.4% of its first list price. 11 homes are for sale at a median asking price of $725K, 7.8 months of supply. Over the past 12 months, 17 homes sold at a median $615K.
• Sunnyside & Tahoe Park: No homes closed in October; the most recent sale was 1675 Washoe Way, $750,000 on Aug 18. None is for sale; 1 is under contract. Over the past 12 months, 5 homes sold at a median $900K.

Homewood

Three homes sold in October, for $3.50M, $939K, and $880K. 4 homes are for sale at a median asking price of $2.12M, 1.4 months of supply, with 4 more under contract. Over the past 12 months, 35 homes sold at a median $1.40M, and the median price per square foot is up 1% on the 12 months before.

• Chambers Landing: No homes closed in October; the most recent sale was 6370 Flicker Avenue, $1,140,000 on May 5. 3 homes are for sale at a median asking price of $2.25M, 6.0 months of supply, with 2 more under contract. Over the past 12 months, 6 homes sold at a median $920K.

Tahoma

6 homes sold in October at a median $832K ($638 a square foot). The typical sale took 44 days and closed at 94.9% of its first list price; 50% sold for 5% or more below it. One lot sold as well. 16 homes are for sale at a median asking price of $1.13M, 3.3 months of supply, with 8 more under contract. Over the past 12 months, 58 homes sold at a median $902K, and the median price per square foot is up 11% on the 12 months before.

• Sugar Pine & Meeks Bay: No homes closed in October; the most recent sale was 295 Cedar Ridge Road, $1,295,028 on Aug 13. 1 home is for sale. Over the past 12 months, 4 homes sold at a median $1.27M.

Meeks Bay & Rubicon Bay

No homes closed in October; the most recent sale was 8747 Lakeside Drive, $13,500,000 on Aug 21. 2 homes are for sale. Over the past 12 months, 5 homes sold at a median $1.75M.

Truckee, Northstar & Olympic Valley (CA)

Truckee closed 46 sales, against 69 in October 2025, at a $1.41M median. The private clubs were quiet: 3 sales in Martis Camp, Lahontan and Schaffer's Mill, led by 8184 Fallen Leaf Way in Martis Camp at $6,425,000. Outside the clubs and Northstar, 41 homes sold at a $1.31M median in a median 19 days, at 97.2% of first list, one of the quickest, fullest-price markets at the lake. Condos are the soft side here: Northstar's have 6.4 months of supply and Olympic Valley's 11.4.

Truckee

46 homes sold in October at a median $1.41M ($635 a square foot). The typical sale took 25 days and closed at 96.7% of its first list price; 44% sold for 5% or more below it. 11 lots sold as well. 169 homes are for sale at a median asking price of $1.40M, 3.7 months of supply, with 43 more under contract. Over the past 12 months, 549 homes sold at a median $1.33M, and the median price per square foot is up 4% on the 12 months before. Only 3 private-club sales this month; the "outside the private clubs" line below is the rest of town.

• Tahoe Donner: 20 homes sold in October at a median $1.41M ($591 a square foot). The typical sale took 16 days and closed at 96.7% of its first list price; 37% sold for 5% or more below it. Two lots sold as well. 44 homes are for sale at a median asking price of $907K, 2.3 months of supply, with 12 more under contract. Over the past 12 months, 227 homes sold at a median $1.27M, and the median price per square foot is up 2% on the 12 months before.
• Glenshire: Three homes sold in October, for $1.56M, $980K, and $892K. Two lots sold as well. 7 homes are for sale at a median asking price of $875K, 1.9 months of supply, with 4 more under contract. Over the past 12 months, 45 homes sold at a median $980K, and the median price per square foot is up 7% on the 12 months before.
• Old Greenwood & Gray's Crossing: Two homes sold in October, for $3.30M and $2.42M. One lot sold as well. 14 homes are for sale at a median asking price of $2.41M, 6.2 months of supply, with 2 more under contract. Over the past 12 months, 27 homes sold at a median $2.94M, and the median price per square foot is up 7% on the 12 months before.
• Martis Camp: One home sold in October: 8184 Fallen Leaf Way, 1 bedrooms and 1,138 sq ft, for $6,425,000 after 54 days on the market at 98.9% of its first list price. One lot sold as well. 7 homes are for sale at a median asking price of $14.0M, 2.9 months of supply, with 2 more under contract. Over the past 12 months, 29 homes sold at a median $6.85M, and the median price per square foot is unchanged on the 12 months before.
• Lahontan: One home sold in October: 340 Elias Baldwin, 5 bedrooms and 5,936 sq ft, for $3,800,000 after 54 days on the market at 88.5% of its first list price. 14 homes are for sale at a median asking price of $4.54M, 9.9 months of supply, with 2 more under contract. Over the past 12 months, 17 homes sold at a median $4.78M.
• Schaffer's Mill: One home sold in October: 9337 Heartwood Drive, 5 bedrooms and 4,266 sq ft, for $4,650,000 after 100 days on the market at 89.5% of its first list price. 16 homes are for sale at a median asking price of $4.02M, 5.5 months of supply, with 1 more under contract. Over the past 12 months, 35 homes sold at a median $2.54M, and the median price per square foot is down 2% on the 12 months before.
• Martis Valley clubs combined: Three homes sold in October, for $6.42M, $4.65M, and $3.80M. One lot sold as well. 37 homes are for sale at a median asking price of $4.59M, 5.5 months of supply, with 5 more under contract. Over the past 12 months, 81 homes sold at a median $4.79M, and the median price per square foot is down 7% on the 12 months before.
• Truckee outside the private clubs: 41 homes sold in October at a median $1.31M ($605 a square foot). The typical sale took 19 days and closed at 97.2% of its first list price; 41% sold for 5% or more below it. Nine lots sold as well. 118 homes are for sale at a median asking price of $962K, 3.2 months of supply, with 36 more under contract. Over the past 12 months, 441 homes sold at a median $1.15M, and the median price per square foot is up 1% on the 12 months before.

Northstar

6 homes sold in October at a median $1.90M ($772 a square foot). The typical sale took 10 days and closed at 100.2% of its first list price; 17% sold for 5% or more below it. One lot sold as well. 38 homes are for sale at a median asking price of $1.34M, 5.4 months of supply, with 6 more under contract. Over the past 12 months, 85 homes sold at a median $1.30M, and the median price per square foot is down 3% on the 12 months before.

Olympic Valley

Three homes sold in October, for $6.00M, $3.50M, and $205K. 43 homes are for sale at a median asking price of $875K, 8.3 months of supply, with 4 more under contract. Over the past 12 months, 62 homes sold at a median $1.12M, and the median price per square foot is down 7% on the 12 months before.

• Olympic Valley Village & Resort: One home sold in October: 400 Resort Road #425 and 374 sq ft, for $205,000 after 79 days on the market at 82.0% of its first list price. 31 homes are for sale at a median asking price of $775K, 11.3 months of supply, with 3 more under contract. Over the past 12 months, 33 homes sold at a median $917K, and the median price per square foot is up 6% on the 12 months before.

Alpine Meadows

No homes closed in October; the most recent sale was 2201 Scott Peak Place #49, $435,000 on Sep 28. 6 homes are for sale at a median asking price of $1.37M, 5.1 months of supply, with 2 more under contract. Over the past 12 months, 14 homes sold at a median $1.23M.

Soda Springs & Serene Lakes

5 homes sold in October at a median $477K ($527 a square foot). The typical sale took 56 days and closed at 95.5% of its first list price; 40% sold for 5% or more below it. One lot sold as well. 5 homes are for sale at a median asking price of $399K, 1.3 months of supply, with 2 more under contract. Over the past 12 months, 47 homes sold at a median $732K, and the median price per square foot is up 6% on the 12 months before.

South Shore (CA & NV)

South Lake Tahoe lost the most sales: 39, against 70 in October 2025, at a $740K median, still the most affordable market at the lake. Houses there have 3.3 months of supply and condos 7.3. On the Nevada side, Glenbrook had the lake's top sale, 1146 Hwy 50 at $19,000,000. Stateline's 50 homes for sale are 4.9 months of supply, 37 of them on Kingsbury Grade.

South Lake Tahoe

39 homes sold in October at a median $740K ($511 a square foot). The typical sale took 74 days and closed at 95.3% of its first list price; 46% sold for 5% or more below it. Five lots sold as well. 172 homes are for sale at a median asking price of $752K, 3.8 months of supply, with 36 more under contract. Over the past 12 months, 550 homes sold at a median $685K, and the median price per square foot is up 2% on the 12 months before.

• Tahoe Keys: Two homes sold in October, for $1.70M and $1.57M. One lot sold as well. 6 homes are for sale at a median asking price of $1.29M, 3.8 months of supply. Over the past 12 months, 19 homes sold at a median $2.00M.
• Al Tahoe & Bijou: One home sold in October: 897 Alameda Avenue, 3 bedrooms and 2,016 sq ft, for $869,000 after 45 days on the market at 100.0% of its first list price. 12 homes are for sale at a median asking price of $734K, 6.0 months of supply, with 2 more under contract. Over the past 12 months, 24 homes sold at a median $730K, and the median price per square foot is down 12% on the 12 months before.
• Heavenly Valley: One home sold in October: 3326 Pine Hill Road, 2 bedrooms and 1,992 sq ft, for $680,000 after 41 days on the market at 100.0% of its first list price. 12 homes are for sale at a median asking price of $854K, 5.3 months of supply, with 2 more under contract. Over the past 12 months, 27 homes sold at a median $650K.
• Tahoe Island Park: Three homes sold in October, for $1.52M, $880K, and $675K. 5 homes are for sale at a median asking price of $720K, 2.1 months of supply, with 1 more under contract. Over the past 12 months, 29 homes sold at a median $729K, and the median price per square foot is up 7% on the 12 months before.

Stateline

11 homes sold in October at a median $550K ($507 a square foot). The typical sale took 58 days and closed at 94.8% of its first list price; 55% sold for 5% or more below it. 50 homes are for sale at a median asking price of $881K, 4.9 months of supply, with 11 more under contract. Over the past 12 months, 123 homes sold at a median $950K, and the median price per square foot is down 2% on the 12 months before.

• Casino Corridor: One home sold in October: 233 Clubhouse Circle, 3 bedrooms and 1,676 sq ft, for $849,000 after 101 days on the market at 94.5% of its first list price. 4 homes are for sale at a median asking price of $834K, 3.7 months of supply. Over the past 12 months, 13 homes sold at a median $757K.
• Kingsbury Grade: 8 homes sold in October at a median $479K ($451 a square foot). The typical sale took 56 days and closed at 93.3% of its first list price; 50% sold for 5% or more below it. 37 homes are for sale at a median asking price of $810K, 6.3 months of supply, with 8 more under contract. Over the past 12 months, 70 homes sold at a median $588K, and the median price per square foot is down 11% on the 12 months before.
• Edgewood & The Tahoe Beach Club: No homes closed in October; the most recent sale was 17 Beach Club Drive #216, $3,300,000 on Sep 9. 5 homes are for sale at a median asking price of $2.29M, 4.6 months of supply, with 2 more under contract. Over the past 12 months, 13 homes sold at a median $4.00M.

Zephyr Cove

5 homes sold in October at a median $1.25M ($911 a square foot). The typical sale took 83 days and closed at 99.1% of its first list price; 20% sold for 5% or more below it. 24 homes are for sale at a median asking price of $2.22M, 5.9 months of supply, with 3 more under contract. Over the past 12 months, 49 homes sold at a median $1.75M, and the median price per square foot is up 14% on the 12 months before.

• Round Hill: One home sold in October: 256 Mcfaul Way, 3 bedrooms and 1,299 sq ft, for $1,070,000 after 115 days on the market at 85.6% of its first list price. 4 homes are for sale at a median asking price of $1.82M, 5.3 months of supply, with 1 more under contract. Over the past 12 months, 9 homes sold at a median $1.60M.
• Skyland & Cave Rock: One home sold in October: 1096 Deercliff Drive, 5 bedrooms and 2,415 sq ft, for $2,200,000 after 83 days on the market at 100.0% of its first list price. 1 home is for sale, 1.1 months of supply. Over the past 12 months, 11 homes sold at a median $2.20M.

Glenbrook

Three homes sold in October, for $19.0M, $6.60M, and $2.40M. 15 homes are for sale at a median asking price of $4.70M, 7.2 months of supply, with 2 more under contract. Over the past 12 months, 25 homes sold at a median $4.21M, and the median price per square foot is down 5% on the 12 months before.

Reno–Carson golf & valley communities (NV)

Outside the basin, Montreux (1.9 months of supply, 7 under contract) and Somersett (3.3) are the tightest of the golf communities. Clear Creek Tahoe had no closings, and its 12 listings are more than a year of supply.

Montreux

4 homes sold in October at a median $2.46M ($829 a square foot). The typical sale took 100 days and closed at 96.8% of its first list price; 25% sold for 5% or more below it. 5 homes are for sale at a median asking price of $2.88M, 1.9 months of supply, with 7 more under contract. Over the past 12 months, 32 homes sold at a median $2.77M, and the median price per square foot is up 8% on the 12 months before.

Somersett

16 homes sold in October at a median $885K ($372 a square foot). The typical sale took 84 days and closed at 97.2% of its first list price; 31% sold for 5% or more below it. One lot sold as well. 37 homes are for sale at a median asking price of $950K, 3.3 months of supply, with 17 more under contract. Over the past 12 months, 133 homes sold at a median $859K, and the median price per square foot is down 1% on the 12 months before.

ArrowCreek

4 homes sold in October at a median $1.55M ($570 a square foot). The typical sale took 98 days and closed at 92.8% of its first list price; 50% sold for 5% or more below it. 22 homes are for sale at a median asking price of $1.29M, 4.3 months of supply, with 3 more under contract. Over the past 12 months, 61 homes sold at a median $1.70M, and the median price per square foot is up 1% on the 12 months before.

Clear Creek Tahoe

No homes closed in October; the most recent sale was 3551 Cutoff Trail, $13,000,000 on Sep 21. Two lots sold as well. 12 homes are for sale at a median asking price of $8.20M, 14.4 months of supply, with 2 more under contract. Over the past 12 months, 10 homes sold at a median $6.50M.

Washoe Valley

One home sold in October: 2075 Buckskin Drive, 3 bedrooms and 1,477 sq ft, for $640,000 after 195 days on the market at 92.1% of its first list price. 17 homes are for sale at a median asking price of $950K, 4.2 months of supply, with 6 more under contract. Over the past 12 months, 49 homes sold at a median $800K, and the median price per square foot is up 3% on the 12 months before.

• Washoe Valley ranch estates: No homes closed in October; the most recent sale was 1577 Casey Ranch Drive, $1,850,000 on Sep 30. 5 homes are for sale at a median asking price of $2.50M, 4.3 months of supply, with 1 more under contract. Over the past 12 months, 14 homes sold at a median $1.64M.

The October top ten

What it means if you're selling

How long a home sat decided what it sold for. October's home sales by days on market:

• Price it for the first two weeks. The table above is the whole argument: 31 homes sold within two weeks at a median 100.0% of their first list price, and the 40 that took more than four months got 87.8%. Our overpricing report tracks what an overpriced start costs, across Tahoe sales since 2023.
• Know your band and your type. Under $3 million the market runs about three to four months of supply; above it, buyers have 6.6 months of homes to choose from. Condos have 5.8 months of supply against 3.5 for houses, so they need sharper pricing.
• Winter has fewer buyers, and fewer rivals. Contracts fell to 168 from 236 in September, but 156 listings came off the market unsold, so a home listed now competes with fewer neighbors than it did in September.
• Start from your street, not the lake. The neighborhood tables above show what sold near you this month. For your own home, get a free home valuation: we price it against these same closed sales.

What it means if you're buying

• Condos and $3 million-plus homes give you room. Condos have 5.8 months of supply and homes from $3 million to $5 million 6.6; 62% of this month's sales in that band closed at least 5% under their first price.
• Start with the price cuts. 358 of the 761 homes for sale have already cut their price, and 169 did so in October. Those sellers have already shown they will move.
• In the tight neighborhoods, be ready. In Tahoe Donner, homes sold in a median 16 days at 96.7% of their first price, with 2.3 months of supply. Have financing approved before you tour.
• See what's for sale now: Lake Tahoe homes for sale, or any town's full list from its page above.

How we count

• Source: closed sales, listings and price changes from the four MLS boards that serve the lake: Northern Nevada Regional MLS, Tahoe Sierra MLS, the South Tahoe Association of Realtors MLS and Incline Village Realtors. A home listed on two boards is counted once. Sales that never went through the MLS aren't included. Data pulled 2026-11-02.
• Homes means houses, condos, townhomes, multi-unit buildings and manufactured homes. Lots are counted separately. Timeshares, fractional shares, boat slips, commercial property and leases are left out (10 fractional or timeshare resales in October).
• Days on market and sale-to-list ratios leave out the 3 sales recorded with zero days on market. Those are almost always homes sold off the MLS and entered after closing, with the sale price as the list price.
• Months of supply is homes for sale on November 2 divided by the average number sold per month over the past 12 months.
• Trends are price per square foot, not median price: a median moves with the mix of homes that sold as much as with prices. A change is shown only when at least 20 homes sold in both periods, and a median price change only when at least 30 did.
• Neighborhoods follow the maps on our neighborhood pages, checked street by street against every sale: Schaffer's Mill counts only the club's own streets, Brockway Springs only the complex itself, and Tahoe Village's condos count in Kingsbury Grade rather than the Casino Corridor. Gray's Crossing is reported together with Old Greenwood; Martis Valley is the three clubs combined; Northstar Big Springs (the houses) is part of the Northstar row; Northstar Village Condos is part of the Northstar row; Olympic Valley Residential is the Olympic Valley row; Palisades Tahoe is the Olympic Valley and Alpine Meadows rows together; Palisades Tahoe Village is the Olympic Valley Village & Resort row; Edgewood Lakefront is reported with the Tahoe Beach Club; Tonopalo is a fractional club, so it sits outside these numbers.
• Truckee in the town rows is Truckee outside Northstar, so the region's rows add up; Northstar has its own row.

Frequently asked questions

Is Lake Tahoe a buyer's or seller's market right now?

It's balanced overall: 4.1 months of supply at the end of October 2026. It depends on what you're buying. Houses have 3.5 months of supply, condos 5.8, and homes over $3 million more than six, which favors buyers. Soda Springs & Serene Lakes, Homewood and Glenshire favor sellers, with under two months.

What is the median home price at Lake Tahoe?

$1,065,000 for the 186 homes sold across the basin and Truckee in October 2026, and $1,050,000 over the past 12 months. By region: Incline Village and Crystal Bay $1.67M, Truckee, Northstar and Olympic Valley $1.41M, the North and West Shore $1.18M, and the South Shore $844K.

How long does it take to sell a house at Lake Tahoe?

A median 56 days in October 2026. Among the busier markets, Tahoe Donner was fastest at 16 days and Truckee outside the private golf clubs took 19. Incline Village took 83 days and South Lake Tahoe 74.

Are Lake Tahoe home prices going down?

Not across the lake. Over the past 12 months the median sale price is up 6% and the median price per square foot is up 2%. Parts of the California North Shore are down per square foot, including Kings Beach (−7%), Carnelian Bay (−11%) and Tahoe City (−7%), while Incline Village is up 6%.

How far below asking do Lake Tahoe homes sell?

The median home sold in October 2026 closed at 95.2% of its first list price, and 48% sold for 5% or more below it. Homes that sold within two weeks got 100.0%; homes on the market more than four months got 87.8%.

Murat Gocmen and Kristina Mattson of Real Estate Tahoe publish this update every month from the MLS. The quarterly Lake Tahoe market report compares whole quarters, and every neighborhood page carries its own live listings and recent sales. Thinking about selling? Start with a free home valuation.

Last month: Lake Tahoe market update, September 2026.