Market Update
The Woods Market Report: Q3 2026 | Incline Village
How did The Woods neighborhood perform in Q3 2026? The Woods in Incline Village recorded five sales in Q3 2026: three homes from $1,315,000 to $2,195,000, a lot at $1,800,000 and a condominium at $730,000. A new spec home at 887 S Dyer Circle is under contract at $6,000,000, and seven properties are listed, led by another new spec home at $7,980,000.
The Woods sits just above the lowest-elevation parts of Incline Village, close to the town center and the schools. It’s a neighborhood of mostly older single-family homes on wooded lots, with a growing number of new and heavily remodeled homes as builders find opportunities here.
This report covers every sale, pending deal and active listing in The Woods, per Incline Village MLS data. For the full market picture, see my Q3 2026 market update.
Q3 2026 at a Glance
| Measure | The Woods |
|---|---|
| Closed sales | 5 (3 homes, 1 lot, 1 condominium) |
| Total volume | $7,921,000 |
| Median home sale | $1,881,000 |
| Sale range | $730,000 to $2,195,000 |
| Under contract | 1 |
| Active listings | 7 |
A note on grouping: the MLS places 887 S Dyer Circle in Central North, but the home sits in The Woods, so I’ve included it here.
Q3 2026 Sales
| Address | Type | Sale Price | Sq Ft | Year Built | $/Sq Ft | Days on Market |
|---|---|---|---|---|---|---|
| 532 Jensen Cir | Home | $2,195,000 | 1,913 | 1964 | $1,147 | 43 |
| 725 Lynda Ct | Home | $1,881,000 | 2,343 | 1963 | $803 | 176 |
| 585 Village Blvd | Lot | $1,800,000 | n/a | n/a | n/a | 532 |
| 840 Northwood Blvd | Home | $1,315,000 | 1,911 | 1993 | $688 | 45 |
| 807 Alder Ave #66 | Condo | $730,000 | 1,243 | 1978 | $587 | 38 |
585 Village Boulevard: $1,800,000 (Lot)
This lot sold after 532 days on market, and I expect it to become a large single-family home. Lots of an acre or more are rare in this part of town. The parcel is wooded, so a new home here would still have some privacy, even though Village Boulevard is a main route into town and to the schools.
There is a creek on the property, which may limit coverage in the stream zone. If you’re considering a lot like this, my guide to TRPA coverage limits explains how to check, and the Tahoe Regional Planning Agency publishes the stream zone rules.
Under Contract Heading Into Q4
| Address | Type | List Price | Sq Ft | Year Built | Days on Market |
|---|---|---|---|---|---|
| 887 S Dyer Cir | Home | $6,000,000 | 5,842 | 2024 | 216 |
887 S Dyer Circle is a 2024 spec build from a builder who has done a lot of work in The Woods. It has high ceilings and a large floor plan, the kind of home built on an empty lot or after a teardown. It’s in a good location for a buyer who wants a lot of house and new construction.
Active Listings
| Address | Type | List Price | Sq Ft | Year Built | Days on Market |
|---|---|---|---|---|---|
| 579 N Dyer Cir | Home | $7,980,000 | 5,709 | 2026 | 196 |
| 424 Pat Ct | Home | $3,799,000 | 3,090 | 1963 | 140 |
| 852 Rosewood Cir | Home | $2,485,000 | 2,703 | 2006 | 118 |
| 893 Donna Dr | Home | $2,325,000 | 2,400 | 1978 | 131 |
| 877 Northwood #2 | Condo | $1,015,000 | 1,492 | 2013 | 157 |
| 908 Harold #23 | Condo | $999,000 | 1,452 | 1981 | 121 |
| 807 Alder #38 | Condo | $995,000 | 1,243 | 1978 | 550 |
579 N Dyer Circle: $7,980,000
579 N Dyer Circle is a new spec home, still being built out. It appears to share a developer and a similar floor plan with 887 S Dyer Circle, which is under contract at $6,000,000. Spec homes often start high and come down as the builder needs to sell, so I wouldn’t treat this asking price as a new ceiling for The Woods yet. The 887 S Dyer sale, once it closes, will be a better guide.
424 Pat Court: $3,799,000
424 Pat Court is a major remodel and addition to an existing 1963 home by a development group. It feels very modern, with nice finishes and a low-elevation location. The original floor plan still shows in parts of the home before it opens into the newer addition. It has been reduced by $150,000 and should find a buyer with time.
What This Means for You
If you own an older home in The Woods, builders and remodelers are active here, and well-located lots have real value. Q3’s home sales, from $1,315,000 to $2,195,000, show what existing homes are selling for. The new and remodeled listings show where builders believe the upside is.
If you’re buying, The Woods offers a close-in location at a lower price than the lakeside neighborhoods. Newer spec listings are worth watching, since asking prices on these homes often come down before they sell.
My The Woods neighborhood page covers the area in more detail, and my post on ADUs in Incline Village covers another way owners are adding space.
Frequently Asked Questions
What is the median home price in The Woods, Incline Village?
Is there new construction in The Woods?
Can you build on a lot with a creek in Incline Village?
Thinking About The Woods?
If you’re wondering what your home or lot in The Woods is worth, or whether a remodel makes sense, I’m glad to walk through it with you. Call me at 775-558-9540 or reach out here.
About the Author: Hayden Haffey is an Incline Village resident and Realtor specializing in the hyper-local submarkets of the Nevada North Shore. With a background in family consultancy, Hayden prioritizes an educational, data-driven approach over high-pressure sales, helping clients navigate the complexities of Lake Tahoe real estate with clarity and intentionality. When he isn’t analyzing market trends, you’ll likely find him skiing, mountain biking, or enjoying the lake with his wife and two daughters.
Hayden Haffey, Global Real Estate Advisor, Sierra Sotheby’s International Realty
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