Similar to its surrounding areas, it's significantly more expensive compared to the US as a whole. Compared to the city of Reno, it is a lot more expensive.
Home prices
The median home in Carnelian Bay costs $632,300. This is approximately $22,320 (3%) lower compared to its surrounding areas.It is about $414,800 (190%) higher compared to the rest of the nation, and in comparison to the city of Reno it is about $297,300 (88%) higher.
Rents
In Carnelian Bay the median rent is $1,792 a month. Compared to the surrounding areas it is approximately $555 (44%) higher.It is approximately $730 (68%) higher in comparison to the entire nation, and in comparison to the city of Reno is roughly $763 (74%) higher.
Nearby places
Tahoe Vista
Tahoe Vista is Carnelian Bay's neighbor to the northeast. The housing prices there are similar. The median home in Tahoe Vista costs $612,500, which comes out to $19,800 (3%) lower than Carnelian Bay. Rents there are significantly less expensive. In Tahoe Vista the median monthly rent is $1,319, which is $473 (35%) lower than Carnelian Bay.
Kings Beach
Kings Beach is approximately 2 miles east of Carnelian Bay. The housing prices there are significantly less expensive. The cost of the median home in Kings Beach is $471,000, which works out to $161,300 (34%) lower than Carnelian Bay. Rent there is substantially less expensive. The median monthly rent in Kings Beach is $1,183, which comes out to $609 (51%) lower than Carnelian Bay.
Dollar Point
Dollar Point is about 3 miles southwest from Carnelian Bay. The real estate prices there are a bit more expensive. The median home in Dollar Point is valued at $706,400, which comes out to $74,100 (10%) higher than Carnelian Bay. Its rents are substantially less expensive. In Dollar Point the median monthly rent is $1,059, which works out to $733 (69%) lower than Carnelian Bay.
Incline Village
Incline Village is about 6 miles east of Carnelian Bay. Housing prices there are somewhat more expensive. Incline Village's median home cost is $869,900, which comes out to $237,600 (27%) higher than Carnelian Bay. Rent there is a little less expensive. The median monthly rent in Incline Village is $1,528, which is $264 (17%) lower than Carnelian Bay.
Sunnyside-Tahoe City
Sunnyside-Tahoe City is roughly 6 miles southwest of Carnelian Bay. Its real estate prices are similar. The median home in Sunnyside-Tahoe City is valued at $613,300, which works out to $19,000 (3%) lower than Carnelian Bay. Its rents are a lot less expensive. The median monthly rent in Sunnyside-Tahoe City is $1,095, which comes out to $697 (63%) lower than Carnelian Bay.
