Plumas Lake Housing Market Report – March 2026
Here's a look at how the Plumas Lake, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 18
- Median Sale Price: $515,970
- Average Sale Price: $517,824
- Average Price Per Sq Ft: $250
- Average Days on Market: 128
- Sale-to-List Price Ratio: 100.2%
Month-Over-Month Trends
Compared to February, the median sale price in Plumas Lake moved 1.7% down (from $525,000 to $515,970). The number of homes sold was 100.0% up compared to the prior month (9 vs. 18). Average days on market shifted 100.0% up (64 days to 128 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 1.6% down (from $524,500 to $515,970). Sales volume is 40.0% down year-over-year.
What This Means
Plumas Lake's March market shows some interesting contradictions worth unpacking. Sales volume doubled month-over-month, which sounds great on the surface, but the year-over-year comparison tells a different story—we're actually down 40 percent from March 2025. That jump from February likely reflects typical spring market seasonality kicking in, as buyers emerge after winter. However, the underlying weakness compared to last year suggests the community hasn't fully recovered momentum, possibly due to lingering interest rate concerns or buyer hesitation in the broader Sacramento region.
The real concern here is how long homes are sitting on the market. Days on market doubled from 64 to 128 days in just one month, which is a significant shift. That's creeping toward the four-month mark, indicating properties are taking longer to find buyers despite sellers accepting essentially list price (100.2% ratio). With 157 active listings—a fairly robust inventory—buyers have options and aren't feeling pressured to move quickly.
Prices have remained relatively stable, down just 1.7 percent monthly and 1.6 percent annually, suggesting the $515,000 range is holding. But the combination of slower sales pace, rising days on market, and ample inventory paints a picture of a cooling market rather than a hot one. This is a buyer's market developing in Plumas Lake.
Plumas Lake Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95961 | 18 | $515,970 | $250 | 128 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 18 | $515,970 | $250 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $400K - $499K | 6 |
| $500K - $749K | 11 |
Current Active Listings
As of this report, there are 157 active listings in Plumas Lake with a median asking price of $532,476 and an average of 23 days on market.
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