South Lake Tahoe Real Estate Market Analysis

Current market data, pricing trends, and comparable sales for South Lake Tahoe, CA

El Dorado County / City of South Lake Tahoe, CA
270
Active Listings
$668K
Median Price
$68K - $18.5M
Price Range
101
Avg Days on Market

South Lake Tahoe Market Overview

South Lake Tahoe is the largest and most active real estate market in the Lake Tahoe basin. With the widest price range of any Tahoe community — from entry-level condos in the $300K range to lakefront estates exceeding $20 million — the market serves first-time buyers, investors, and luxury purchasers alike. The city's accessibility from Sacramento (2 hours via Highway 50) and the Heavenly Mountain Resort make it the most popular Tahoe destination.

The diverse neighborhood landscape including Al Tahoe, Bijou, Tahoe Keys, Meyers, and the Y area means that market conditions can vary significantly by location. Waterfront properties, homes with STR permits, and properties near Heavenly tend to command premiums. A professional CMA targeted to your specific neighborhood is critical for accurate pricing in this large market.

Price Analysis

Active Listings 270
Median Price $668K
Price Range $68K - $18.5M
Avg Price/Sqft $927
Avg Days on Market 101

Active Listings in South Lake Tahoe

270 properties currently on the market

View All 270 Listings

Recent Sales in South Lake Tahoe

Last 10 closed transactions

Address Sale Price Beds Baths Sqft $/Sqft
1873 Venice Drive $2,200,000 4 2.5 2,494 $882
899 Pomo Road $415,920 3 1.0 880 $473
1061 Crow Street $549,000 2 1.0 896 $613
1061 Crow Street $549,000 2 1.0 896 $613
980 Tahoe Island Drive $399,000 3 2.0 1,152 $346
491 Lido Drive $1,849,000 4 3.0 2,164 $854
2936 Pinewood Drive $649,000 2 1.5 1,134 $572
2974 S Upper Truckee Road #7 $225,000 3 1.0 612 $368
803 Merced Avenue $450,000 4 - 1,100 $409
1359 Pine Valley Road $744,000 3 2.0 1,500 $496

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