South Lake Tahoe, CA


Highest Appreciating South Lake Tahoe Neighborhoods Since 2000

South Lake Tahoe, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

South Lake Tahoe Housing Market Information

With 21,706 people, 8,452 houses or apartments, and a median cost of homes of $426,506, real estate costs in South Lake Tahoe are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in South Lake Tahoe, accounting for 59.05% of the city's housing units. Other types of housing that are prevalent in South Lake Tahoe include duplexes, homes converted to apartments or other small apartment buildings ( 19.05%), large apartment complexes or high rise apartments ( 15.94%), and a few mobile homes or trailers ( 4.52%).

People in South Lake Tahoe primarily live in small (one, two or no bedroom) single-family detached homes. South Lake Tahoe has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in South Lake Tahoe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in South Lake Tahoe built between 1940-1969 ( 44.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.41%). There's also some housing in South Lake Tahoe built before 1939 ( 2.46%).

A decent proportion of the South Lake Tahoe housing stock is seasonally occupied. That is, homes and condos in South Lake Tahoe are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the South Lake Tahoe housing market speaks to its popularity as a vacation location of choice.

South Lake Tahoe Home Appreciation Rates

South Lake Tahoe's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in South Lake Tahoe during the period has been just -1.07%, which is lower than 70% of US communities.

Appreciation rates are so strong in South Lake Tahoe that despite a nationwide downturn in the housing market, South Lake Tahoe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, South Lake Tahoe appreciation rates continue to be some of the highest in America, at 9.36%, which is higher than appreciation rates in 91.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in South Lake Tahoe. South Lake Tahoe appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.

Importantly, this makes South Lake Tahoe one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that South Lake Tahoe's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within South Lake Tahoe differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in South Lake Tahoe - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best South Lake Tahoe real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

South Lake Tahoe, CA HOME PRICES

Value Range
> $1,327,000 2.1
$996,001 - $1,327,000 4.7
$664,001 - $996,000 9.6
$531,001 - $664,000 16.8
$399,001 - $531,000 26.8
$265,001 - $399,000 22.0
$133,001 - $265,000 11.9
$66,001 - $133,000 0.6
$0 - $66,000 5.6

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.29133950544943 50.1322751322751

Number Of Homes And Apartments:

South Lake Tahoe Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
79.59% 3.45% 5 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,120 / per month

Homeownership Rate

Owners 43.38
Renters 56.62
Vacant 49.48

Housing Market Details


Age of Homes

AGE OF South Lake Tahoe HOMES
2000 or Newer 6.4
1970 - 1999 46.4
1940 - 1969 44.7
1939 or Older 2.5

Types of Homes

TYPE OF South Lake Tahoe HOMES
Single-Family 59.0
Townhomes 1.4
Small Apt. Buildings 19.0
Apt. Complexes 15.9
Mobile Homes 4.5
Other 0.0

Home Size

SIZE OF South Lake Tahoe HOMES
No Bedroom 4.89
1 Bedroom 14.41
2 Bedrooms 34.52
3 Bedrooms 34.61
4 Bedrooms 9.83
5 or more bedrooms 1.73