Markleeville, California.
Typical home $523,760 (-2.0% in a year).
to buy the typical home at today's mortgage rate — +$1,232 (+81%) since Jan 2020.
- 1 year
- Down $10,449 -2%
- $534,209$523,760 since Sep 2025
- 5 years
- Down $13,373 -2%
- $537,133$523,760 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Markleeville$2,749
- California$3,997
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Markleeville, CA fell 2.0% over the past year — slower than the nation's +1.2%.
Living in Markleeville, Alpine County, California
Markleeville, in Alpine County, had 191 people in the 2020 census. Unemployment in Alpine County was 10.4% in August 2026, and the county had 3.5% more jobs in 2025 than the year before. The most people in Alpine County work in restaurants and hotels, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Markleeville is a very small community in the Sierra Nevada, the kind of place where residents are likely to know one another. Homes here are valued well above what is typical for much of the country, and household incomes across Alpine County are on the high side. Winters are cold, with December the coldest month, and snow arrives each year, while July afternoons can turn properly hot. Rain and melted snow add up to a fairly dry year overall.
Work. Residents of Markleeville work mostly in restaurants, hotels and entertainment, in schools, hospitals and social care, in shops, and in professional and business services. Across Alpine County, the largest workplaces include Vail Resorts, Bear Valley Mountain Resort and Big Trees Market. Unemployment across the county is higher than it was a year ago, even as the number of jobs there has grown a little.
Things to do. Grover Hot Springs State Park, a protected area, lies in or beside town, which makes it the easiest outing from home. Farther afield, a longer drive brings you to Lake Tahoe, one of the best known lakes in the West, and to Heavenly Mountain Resort, a ski area. Topaz Lake, a reservoir, is also a longer drive away.
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What people in Alpine County work in
Employed residents by industry, from the Census survey. Alpine County had 1,009 jobs in 2025, 3.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 46° and lows near 22°; warmest in July, with highs near 92° and lows near 55°. About 18 inches of snow and 6 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Topaz Lake weather station, 17 miles away (NOAA).
Largest workplaces in Alpine County
- Vail Resorts, Inc.Alpine skiing facilities without accommodations195
- Bear Valley Mountain ResortAlpine skiing facilities with accommodations165
- Big Trees MarketGrocery stores50
- Alpine County UnifiedSchool district22FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 410 people in all across the county; Markleeville has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- Winter weatherVery high
- Inland floodingRelatively high
- LandslidesRelatively moderate
- AvalanchesRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Markleeville’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Alpine County.
Markleeville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Markleeville$523,760
- California$761,538
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Markleeville13
Zip codes with a Markleeville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Markleeville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.