Carnelian Bay, CA housing market
The typical Carnelian Bay home is worth about $1,086,000, about the same as a year ago, 42% above the California typical home.
Home values, sales, trends and how Carnelian Bay compares with the towns next door — updated as new data is published.
Carnelian Bay at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Carnelian Bay | California |
|---|---|---|
| 2017 | $648,000 | $453,000 |
| 2018 | $699,000 | $501,000 |
| 2019 | $716,000 | $539,000 |
| 2020 | $731,000 | $551,000 |
| 2021 | $898,000 | $607,000 |
| 2022 | $1,166,000 | $703,000 |
| 2023 | $1,162,000 | $727,000 |
| 2024 | $1,078,000 | $758,000 |
| 2025 | $1,103,000 | $782,000 |
| 2026 | $1,064,000 | $767,000 |
| August 2026 | $1,086,000 | $764,000 |
Carnelian Bay and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Carnelian Bay | $1.09M | +0.2% | $2,520 | $247,791 |
| Cedar Flat | — | −5.8%† | $2,500 | $99,153 |
| Tahoe Vista | $834K | +3.7% | $1,900 | $113,314 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $2,520
HUD's Fair Market Rent for a two-bedroom in Carnelian Bay is $2,520 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,950 · 4 bedrooms $3,870
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (95604, 96140; Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.