96155, South Lake Tahoe, CA

Home Equity and Home Prices in the 96155 Zip Code of South Lake Tahoe, CA

The 96155 zip code of South Lake Tahoe, CA has a median home value of $1,072,000. This is a significant increase from the 2006 median home value of $527,000. The 96155 zip code also has a median home equity value of $406,000 which is significantly higher than the 2006 median home equity value of $225,000. This indicates that homeowners in this area have built up significant equity in their homes over the past few years.

The average price per square foot for homes in the 96155 zip code is $269 which is significantly higher than the 2006 average price per square foot of $157. This indicates that there has been an increase in demand for housing within this area over the past few years. It is also worth noting that there are a greater number of luxury homes available for sale within this zip code compared to more affordable options. This may be contributing to the high prices seen within this area.