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Is Markleeville, CA 96120 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Markleeville is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.8%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$185▼ −36.5% vs. last year

The Markleeville housing market right now

In the three months ending August 31, 2026, 0% of homes in Markleeville, CA 96120 sold above their list price and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (189 days then) and the median sale price fell 29% to $524,273. Overall, Markleeville is less competitive than a year ago, which gives buyers more room.

Nearby, Arnold 95223 (38% sold over asking) is even more competitive.

Run the numbers for 96120

Prefilled for 96120Can I win this house?Multiple-offer likelihood for a listing Prefilled for 96120Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arnold 95223Balanced $289 /sq ftKirkwood 95646Buyer’s market $510 /sq ft Browse all markets →

Towns like Markleeville nearby

Find towns like Markleeville in other states →
Pollock Pines, CA95726 · 38 miles away68% similarcheaper homes ($179K less) · larger Gardnerville, NV89460 · 12 miles away51% similarcheaper homes ($101K less) · larger Dayton, NV89403 · 39 miles away47% similarcheaper homes ($175K less) · larger Grizzly Flats, CA95636 · 37 miles away40% similarcheaper homes ($219K less) · older residents

Where Markleeville is

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Questions about Markleeville real estate

Is Markleeville a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Markleeville, CA 96120 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Markleeville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.8% of the list price.

What are property taxes in Markleeville?

About 1.15% of a home’s value a year in Alpine County, or roughly $4,600 on a $400,000 home.

What is the median home price in Markleeville?

The median sale price was $524,273 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology