Markets/California/Truckee-Grass Valley

Truckee-Grass Valley, CA Real Estate Market 2026

Investor-grade market analytics for Truckee-Grass Valley, California. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$622,956

+0.1% year-over-year

Est. Rental Yield

5.3%

gross annual

12-Month Forecast

+0.1%

base case (Zillow ZHVF)

+0.1% year-over-year

Climate Risk

50/100

Moderate

Market Momentum

➡️
Neutral
4.2mo supply · Score 0/7

Net migration: Top 19% nationally

Income Migration

💰 Wealth Influx1.42x

In-migrants avg $138,180 AGI vs out-migrants $97,035

🏛️

Opportunity Zone Market

3 ZIP codes in Truckee-Grass Valley are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Truckee-Grass Valley Market Summary

Truckee-Grass Valley, CA is in a stabilization phase with 0.1% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 7.34x well exceeds the national average of 4.8x. Modest net positive migration (+220 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 5.28% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score38/100
Price-to-Income Ratio7.3x (national avg 4.8x)
Median Household Income$84,905

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.0%
Base Case+0.1%
Bull Case+0.1%

Climate & Natural Hazard Risk

Truckee-Grass Valley, CA's primary climate exposure is wildfire (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full Truckee-Grass Valley dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.