1 / 25
NEW 9 HRS AGO
$599,999FOR SALE
3 beds · 2 baths · 1,641 sqft
Aponte Real Estate
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6 homes in 96150
Homes for Sale in 96150
South Lake Tahoe, CA
1131 Dedi, South Lake Tahoe, CA 96150
1 / 20
Price cut: $100,000 (8/6)
$1,185,000FOR SALE
3 beds · 2 baths · 1,445 sqft
Aponte Real Estate
1 / 20
$1,899,000FOR SALE
5 beds · 4 baths · 3,406 sqft
Regency Real Estate Brokers
1 / 20
VIRTUAL TOUR
$2,488,888FOR SALE
7 beds · 8 baths · 4,580 sqft
LPT Realty
1 / 31
$1,428,000FOR SALE
5 beds · 3 baths · 2,907 sqft
Giant Realty Inc.
1 / 11
$685,000FOR SALE
4 beds · 2 baths · 1,376 sqft
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About 96150 Real Estate
About South Lake Tahoe: The 96150 ZIP code is in South Lake Tahoe, CA. 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.
Today, the 96150 area has 6 homes for sale with a median listing price of $1.4M. The average price per square foot is $546.
96150 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 94 days to sell, and 83% of current listings have been up for more than 30 days. At the same time, 17% of listings have taken a price cut, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.43M
Chart shows the median closed sale price by month
$2.4M$1.7M$1.1M$451.8K
Sep 25
Apr 26
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.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
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.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 96150 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
46%
Homeowners
54%
Renters
Homeownership is 9.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
9,264 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
3 Bed$893K
4 Bed$685K
5 Bed$1.7M
7 Bed$2.5M
Each additional bedroom adds about $532K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$979K)
Price Reductions
1
1 listings have reduced their price
17% of active listings
Average reduction: 7.8% (~$111K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near South Lake Tahoe
Frequently Asked Questions about Homes for Sale in 96150, CA
How many homes are for sale in 96150, CA?
There are currently 6 homes for sale in 96150, ranging from $599,999 to $2,488,888. 1 of them hit the market within the last week.
What is the median home price in 96150?
The median list price in 96150 is $1,428,000. Price per square foot averages $546.
How fast do homes sell in 96150?
Homes in 96150 currently average 94 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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