Sierra Nevada Properties

Lake Tahoe NV Housing Market

August 2026 Data
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Market Overview
What’s Happening in Lake Tahoe NV
The Lake Tahoe NV housing market showed shifting conditions in August 2026. The median sale price fell 27.2% year-over-year to $1,736,000, with 15 homes sold — a 200% jump in sales volume. Inventory is moderate at 3.4 months of supply, down 50% from last year. Homes are going under contract in a median of 97 days, and 7% of sales closed above asking price. Sellers received 94.4% of their list price on average. Total transaction volume reached $37.4M.
Key Metrics
September 2026 at a Glance
Median Price
$1.74M
▼ -27.2% YoY
Closed Sales
15
▲ +200% YoY
Days to Contract
97
▲ +76.4% YoY
Months Supply
3.4
▼ -50% YoY
List Price Recv'd
94.4%
▼ -4.3% YoY
Trends
12-Month History

Median Price

Closed Sales

Days to Contract

Price per Sq Ft

List-to-Sale Price Ratio

Months Supply

Active Inventory

New Listings

Negotiations
Over/Under Asking
7%
7%
87%
Over Asking: 7% At Asking: 7% Under Asking: 87%

39% of listings had price reductions (median reduction: $215,000). 21.1% expired or were withdrawn.

Price Distribution
Sales by Price Tier
$0-400K
0
0% of sales
$400-600K
0
0% of sales
$600-800K
0
0% of sales
$800K-1M
0
0% of sales
$1M+
15
100% of sales
Median: $1,736,000
Affordability
What It Costs
Est. Monthly Payment
$8,971
-25.6% from last year
Income Needed
$384,471
At 28% debt-to-income
With 20% Down
$347,200
On $1,736,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Lake Tahoe NV median of $447,000 in 2015 would be worth approximately $1,760,000 today — a 293.7% increase.
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Lake Tahoe NV Market Stories
Lake Tahoe NV's median price came in at $1.74M, down 27.2% year-over-year. 87% of homes sold below asking — there's room to negotiate. With 3.4 months of inventory and 97 days on market, buyers have options. Curious what this means for you? Let's chat.
Hey! Lake Tahoe NV's median is at $1.74M with 3.4 months of supply — could be a good time to look. Want me to send you some options?
The Lake Tahoe NV housing market showed shifting conditions in August 2026. The median sale price fell 27.2% year-over-year to $1,736,000, with 15 homes sold — a 200% jump in sales volume. Inventory is moderate at 3.4 months of supply, down 50% from last year. Homes are going under contract in a median of 97 days, and 7% of sales closed above asking price. Sellers received 94.4% of their list price on average. Total transaction volume reached $37.4M.
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