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What’s Really Going On With the Incline Village Real Estate Market in 2025?

Lake Tahoe

Lakefront homes in Incline Village with mountain views, representing the local real estate market

Hi, I’m Cole Mizak—your trusted Incline Village real estate agent with Compass. As we approach the end of Q2 2025, I want to break down what’s really happening in the Incline Village housing market. Whether you’re considering buying, selling, or just watching the market, here’s what you need to know.

Inventory Is Tight, But Listings Are Slowly Rising

We started the year with extremely limited inventory. Many homeowners were hesitant to list, holding onto their ultra-low mortgage rates from prior years. But since mid-Q1, there’s been a gradual uptick in listings—especially in the $2M to $4M price range.

This doesn’t mean there’s a flood of Incline Village homes for sale. It just means buyers now have a little more to choose from than they did six months ago. Demand is still outpacing supply, especially for well-priced homes in premium locations.

Prices Are Holding Steady—With Pockets of Competition

Despite interest rate pressure, prices in Incline Village haven’t seen any significant drop. In fact, lakeview and lakefront properties remain incredibly competitive. Serious buyers are still stepping up with strong offers, particularly for turnkey homes.

If you're a seller, that’s good news. If you're a buyer, it means working with an experienced Incline Village realtor who knows how to spot value and move fast is more important than ever.

Out-of-State Demand Remains Strong

We’re still seeing a consistent flow of out-of-state buyers—especially from California, Texas, and Florida. Incline Village remains a magnet for people seeking a lifestyle shift: clean air, space, and no state income tax.

This buyer pool is savvy. Many are cash-heavy and looking for second homes or full-time residences with luxury finishes and low-maintenance setups. The demand for new construction and modern remodels is at an all-time high.

Luxury Is Leading the Charge

Homes priced above $5 million are moving faster than they were last year. These buyers are less interest-rate sensitive and more focused on location, privacy, and amenities. Custom homes near the lake or within walking distance of the beaches are drawing multiple offers.

If you're considering listing your luxury home, now is a strong window. As a local Incline Village real estate agent who specializes in high-end properties, I can help you position your home to attract serious buyers.

What Buyers and Sellers Should Do Now

Buyers:
Start working closely with a connected Incline Village realtor (like me) who knows about off-market opportunities and pre-MLS listings. Be prepared to move quickly—especially on well-priced homes in desirable areas.

Sellers:
Don’t wait for the "perfect" moment. With demand staying solid and inventory still relatively low, this is a strategic time to list. Make sure your home is properly prepped and marketed to stand out—presentation matters more than ever.


Let’s Talk About Your Next Move

Whether you're buying your dream home or selling a piece of Incline Village real estate, I bring the data, strategy, and local expertise you need to navigate this unique market with confidence.

📞 Call or Text: (775) 225-2549
📧 Email: [email protected]
🌐 Website: MTNLuxuryLiving.com
📍 Office: Compass Real Estate - 110 Country Club Drive, STE 1, Incline Village, NV

Let’s connect and make your Incline Village real estate goals happen—on your terms, with the right guidance.

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Work With Cole

Cole’s mission is to elevate the real estate experience for his clients. He is a long-time Lake Tahoe local and luxury home expert who has developed innovative strategies to provide his clients with an unmatched, bespoke level of service, attention, and support.