5 homes in South Lake Tahoe

South Lake Tahoe is the most populous city in El Dorado County, California, United States, in the Sierra Nevada mountains. The city's population was 21,330 at the 2020 census, down from 21,403 at the 2010 census. The city, along the southern edge of Lake Tahoe, extends about 5 miles (8 km) west-southwest along U.S. Route 50, also known as Lake Tahoe Boulevard. The east end of the city, on the California–Nevada state line right next to the town of Stateline, Nevada, is mainly geared towards tourism, restaurants, hotels, and Heavenly Mountain Resort with the Nevada casinos just across the state line in Stateline. The western end of town is mainly residential, and clusters around "The Y", the intersection of US 50, State Route 89, and the continuation of Lake Tahoe Boulevard after it loses its federal highway designation.
South Lake Tahoe is a resort city on the California-Nevada border. Features Heavenly ski resort, stunning lake recreation, and casino access.
Today, South Lake Tahoe has 5 homes for sale at a median price of $1,428,000, typically selling in about 113 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
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Topfind Market Read
Buyers hold the edge right now. The typical home takes about 113 days to sell, and 100% of current listings have been up for more than 30 days. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$1.43M
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in South Lake Tahoe
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
46%
Homeowners
54%
Renters
Homeownership is 9.5 points lower than the California average (55.5%)
9,264 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $435K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$979K)
Price Reductions
1 listings have reduced their price
20% of active listings
Average reduction: 7.8% (~$111K)
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