Truckee, CA 96161 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Truckee, CA—96161

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,029,000

0.7% YoY Growth

Household Income

$129,000

36.8% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

-2.9%

Median Rent

$4,100

0.9% YoY Growth

1-Bed Rent

$3,200

0.0% YoY Growth

2-Bed Rent

$2,500

19.9% YoY Growth

3-Bed Rent

$4,350

14.1% YoY Growth

Home Price Trends — Truckee, CA

As of May '26, the median home price in Truckee, CA is $1,029,000, with a year-over-year change of -0.7%. This indicates that home prices in Truckee, CA are flat. According to Zillow, the 1-year price projection is -2.9%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,029,000	-0.7%
Single Family	$1,065,000	-0.2%
Condos	$606,000	-2.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.7%

1 Bedroom

11.9%

2 Bedrooms

37.8%

3 Bedrooms

36.4%

4 Bedrooms

6.0%

5+ Bedrooms

2.1%

Property Listings — Truckee, CA

As of May '26, Realtor.com reports that the median days on market for a home in Truckee, CA is 53. This is a increase of 12.0% 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	$920,000	-9.0%
Listing Count	284	-5.0%
Listings as % of Homes	1.1%	-5.0%
Days on Market	53	12.0%

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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%

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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%

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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%

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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

Truckee, CA—96161

Key Metrics at a Glance

Home Price Trends — Truckee, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Truckee, CA

% of Rental Stock

Property Listings — Truckee, CA

Demographics — Truckee, CA

Race and Ethnicity

Mortgage and Risk — Truckee, CA

Mortgages

Rentals and Section 8 — Truckee, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Truckee, CA

Home Price to Income Ratio

Truckee, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Olympic Valley, CA

Carnelian Bay

Tahoe City

Kingvale

Tahoe Estates

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	8.1
Median Home Price	$1,029,000
Median Household Income	$129,000

Truckee, CA—96161

Key Metrics at a Glance

Home Price Trends — Truckee, CA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Truckee, CA

% of Rental Stock

Property Listings — Truckee, CA

Demographics — Truckee, CA

Race and Ethnicity

Mortgage and Risk — Truckee, CA

Mortgages

Rentals and Section 8 — Truckee, CA

Section 8 Market Size

Section 8 Opportunity

Affordability — Truckee, CA

Home Price to Income Ratio

Truckee, CA — ZIP Code Boundary Map

Nearby ZIP Codes

Olympic Valley, CA

Carnelian Bay

Tahoe City

Kingvale

Tahoe Estates

Frequently Asked Questions

What is the average home price in Truckee, CA 96161?

How have home prices in Truckee, CA 96161 changed over the past year?

What is the home price projection for Truckee, CA 96161?

What are the demographics of Truckee, CA 96161?

How long does it take homes to sell in Truckee, CA 96161?

What is the average rent price in Truckee, CA 96161?