Sierra Nevada Properties

Lake Tahoe NV Housing Market

May 2026 Data
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Reno Sparks Fernley Fallon Carson City Minden Gardnerville Lake Tahoe NV Incline Village
Market Overview
What’s Happening in Lake Tahoe NV
The Lake Tahoe NV housing market posted strong numbers in May 2026. The median sale price rose 41.2% year-over-year to $2,100,000, with 11 homes sold — a 450% jump in sales volume. Inventory is moderate at 4.6 months of supply, down 86.7% from last year. Homes are going under contract in a median of 39 days, and 18% of sales closed above asking price. Sellers received 94.8% of their list price on average. Total transaction volume reached $70.4M.
Key Metrics
June 2026 at a Glance
Median Price
$2.10M
▲ +41.2% YoY
Closed Sales
11
▲ +450% YoY
Days to Contract
39
▲ +160% YoY
Months Supply
4.6
▼ -86.7% YoY
List Price Recv'd
94.8%
▼ -5.2% YoY
Trends
12-Month History

Median Price

Closed Sales

Days to Contract

Price per Sq Ft

List-to-Sale Price Ratio

Months Supply

Active Inventory

New Listings

Negotiations
Over/Under Asking
18%
18%
64%
Over Asking: 18% At Asking: 18% Under Asking: 64%

43% of listings had price reductions (median reduction: $112,500). 0% expired or were withdrawn.

Price Distribution
Sales by Price Tier
$0-400K
0
0% of sales
$400-600K
0
0% of sales
$600-800K
1
9.1% of sales
Median: $780,000
$800K-1M
0
0% of sales
$1M+
10
90.9% of sales
Median: $3,000,000
Affordability
What It Costs
Est. Monthly Payment
$10,586
+36.3% from last year
Income Needed
$453,686
At 28% debt-to-income
With 20% Down
$420,000
On $2,100,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Lake Tahoe NV median of $436,000 in 2015 would be worth approximately $1,695,000 today — a 288.8% increase.
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Lake Tahoe NV Market Stories
Lake Tahoe NV home prices are up 41.2% to a $2.10M median. 11 homes sold last month, and they went under contract in a median of 39 days. Inventory sits at 4.6 months of supply. Want to know what your home is worth in this market? Reach out.
Hey! Lake Tahoe NV homes are up 41.2% to $2.10M and selling in just 39 days. Want to know what yours is worth?
The Lake Tahoe NV housing market posted strong numbers in May 2026. The median sale price rose 41.2% year-over-year to $2,100,000, with 11 homes sold — a 450% jump in sales volume. Inventory is moderate at 4.6 months of supply, down 86.7% from last year. Homes are going under contract in a median of 39 days, and 18% of sales closed above asking price. Sellers received 94.8% of their list price on average. Total transaction volume reached $70.4M.
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