96150 Housing Market
Median List Price
$1,428,000
Updated August 2026
Today, the 96150 ZIP code in South Lake Tahoe, CA has 5 homes for sale at a median list price of $1,428,000, typically selling in about 113 days.
96150 Housing Market Overview
Buyers in the 96150 ZIP code are looking at a median list price of $1.4M. That is roughly in line with the South Lake Tahoe median. Since September 2025, the median price has moved up about 204.6% to $1.9M as of July 2026. The 96150 ZIP code has 5 active listings on the market right now. Pricing spreads from a $685,000 median for four bedroom homes to $1.7M for five bedroom homes.
96150 Area Market Pulse
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 96150 Area
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 $240K 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)
Browse 96150 Listings
Frequently Asked Questions about the 96150 Housing Market
What is the median home price in the 96150 ZIP code?
The median list price in the 96150 ZIP code is $1,428,000 as of August 2026, based on 5 active listings.
Is the 96150 ZIP code a buyer's market or a seller's market?
The 96150 ZIP code currently reads as a buyer's market.
How fast do homes sell in the 96150 ZIP code?
The average home currently for sale in the 96150 ZIP code has been on the market for 113 days.
How many homes are for sale in the 96150 ZIP code?
There are 5 homes for sale in the 96150 ZIP code right now.