Commercial Real Estate Market in South Lake Tahoe, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
173 active listings and 1,017 off-market properties in South Lake Tahoe, CA. Commercial property asks $334/SF to buy and $5.75/SF/Yr to lease.
Market Trends
South Lake Tahoe, CA spans 200.9 square miles in El Dorado County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in South Lake Tahoe, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in South Lake Tahoe, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in South Lake Tahoe, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in South Lake Tahoe, CA asks $333/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
South Lake Tahoe, CA has 29,526 residents in 23,583 households. Density runs 147 people per square mile. Median household income here is $83,738 and median gross rent $1,497 a month.
29,526
Population
23,583
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
200.9 sq mi
ZIP Area
147
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in South Lake Tahoe?
Commercial property in South Lake Tahoe, CA asks an average of $334 per square foot. The 4 most recent recorded sales traded at a median of $370/SF. Multifamily carries the highest asking price at $333/SF.
How much does it cost to lease commercial space in South Lake Tahoe?
Asking lease rates in South Lake Tahoe, CA average $5.75 per square foot per year.
Where does Realmo's South Lake Tahoe market data come from?
Realmo compiles South Lake Tahoe, CA figures from 6 recent recorded sales, 154 active sale listings, 19 active lease listings, 1,017 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 154 active for-sale and 19 active for-lease listings in South Lake Tahoe, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
