Median real estate price in the City Center of South Lake Tahoe is $491,821, which is more expensive than 52.8% of the neighborhoods in California and 88.3% of the neighborhoods in the U.S.
The average rental price in South Lake Tahoe City Center is currently $1,152, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.1% of California neighborhoods.
South Lake Tahoe City Center is a suburban neighborhood (based on population density) located in South Lake Tahoe, California.
Real estate in the City Center of South Lake Tahoe, CA is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in South Lake Tahoe City Center. The current real estate vacancy rate here is 46.6%. This is higher than the rate of vacancies in 98.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (33.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.