Homes in Truckee have been selling for a median price of around $1.3 million, which marks an 18.5% decrease year-over-year. This trend is part of a broader stabilization in prices following previous gains. The market conditions are characterized by a balance between buyer and seller dynamics, with homes typically spending an average of 61 days on the market before sale, a slight decrease from the previous year.

A significant portion of Truckee’s recent real estate transactions has occurred at or above the $1 million mark, indicating a continued demand for premium properties, particularly those offering appealing features such as proximity to outdoor activities and community amenities like fitness centers, pools, and nature trails.

For those looking at specific properties, there are a variety of homes available, from luxurious multi-bedroom houses to more modest homes.

Overall, while the market has seen some cooling, Truckee remains a desirable location due to its natural beauty and robust community amenities, attracting both full-time residents and vacation home buyers.