Truckee, CA—96161
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Truckee, CA
As of Oct '25, the median home price in Truckee, CA is $1,005,000, with a year-over-year change of -1.2%. This indicates that home prices in Truckee, CA are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,005,000 | -1.2% |
| Single Family | $1,040,000 | -1.1% |
| Condos | $594,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $468,000 | -5.5% |
2 Bed | $678,000 | -3.4% |
3 Bed | $933,000 | -1.9% |
4 Bed | $1,503,000 | 0.1% |
| 5 Bed | $2,624,000 | 0.0% |
% of Housing Stock
Rental Trends — Truckee, CA
As of July '25, Rentcast reports the average rent in Truckee, CA is $4,540, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Truckee, CA is studios: $1,750, 1-bedrooms: $2,910, 2-bedrooms: $3,310, 3-bedrooms: $5,180, 4-bedrooms: $4,660. The most common rental property sizes in Truckee, CA are 2-bedroom and 3-bedroom, accounting for 37.8% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,100 | $4,540 |
| Studio Rent | $1,700 | $1,750 |
| 1 Bed Rent | $3,200 | $2,910 |
| 2 Bed Rent | $2,500 | $3,310 |
| 3 Bed Rent | $4,350 | $5,180 |
| 4 Bed Rent | $4,500 | $4,660 |
% of Rental Stock
Property Listings — Truckee, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Truckee, CA is 88. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,170,000 | -19.0% |
Listing Count | 377 | 15.0% |
| Listings as % of Homes | 1.1% | 15.0% |
Days on Market | 88 | 10.0% |
Demographics — Truckee, CA
As of the latest ACS Survey released in 2023, Truckee, CA has a population of 19,200, which has increased by 4.9% over the past 5 years. Truckee, CA is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 60.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 4.9% |
% Under 18 | 21.4% | -3.6% |
% Seniors | 17.1% | 42.5% |
% WFH | 28.2% | 190.7% |
% w/ College Degree | 60.4% | 20.8% |
As of the latest ACS Survey released in 2023, Truckee, CA is a predominantly white area, with 80.7% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Truckee, CA is hispanic, making up 12.3% of the population. Foreign-born residents account for 9.5% of the population in Truckee, CA, and this percentage has decreased by 12.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.7% | 1.5% |
% Black | 0.3% | -50.0% |
% Hispanic | 12.3% | -28.1% |
% Asian | 2.3% | 43.8% |
% Foreign Born | 9.5% | -12.8% |
Mortgage and Risk — Truckee, CA
According to HUD data as of 2023, there were 596 mortgage originations in Truckee, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Truckee, CA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 596 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 40.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Truckee, CA
As of 2024, the percent of homes in Truckee, CA under the Section 8 program is 2.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Truckee, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,250 | $3,200 | $1,950 |
| 2 Bedroom | -$70 | $2,500 | $2,430 |
| 3 Bedroom | -$980 | $4,350 | $3,370 |
| 4 Bedroom | -$510 | $4,500 | $3,990 |
Affordability — Truckee, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $1,005,000 |
| Median Household Income | $129,000 |