San Luis Obispo, CA Home Values & Market Trends

Real estate market trends reflect that there have been 518 transactions over the past year in San Luis Obispo. The median value for residential home transactions that occurred over the previous year is $1,225,000. The number of current listings in San Luis Obispo is 570, and the percentage of properties for sale in the city is 570.00%. San Luis Obispo, CA currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 570 properties for sale.

San Luis Obispo, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
93401

$ 1,214,932

$ 688/sqft

93408

$ --

$ --

93405

$ 1,227,000

$ 682/sqft

Housing Market Summary for San Luis Obispo, CA

Sep 2025September 2026Change
Median Listing Price$1.1M$1.1M-5.30%
Median Sold Price$1.2M$1.1M-3.50%
Homes For Sale260564116.92%
Homes Sold28332013.07%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in San Luis Obispo, CA

San Luis Obispo home values range from $386,246 to $11,995,000. The median estimated value of a home in San Luis Obispo is $1,225,000. The median list price of a home is 1,092,000, and the total count of properties in the city is 883.

Foreclosure
There are 3 zips within San Luis Obispo, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,013,702 in 93401 to the lowest value of $839,633 in 93401. Foreclosure homes account for 0.00% of properties in San Luis Obispo, CA with 93401 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.34% of all residential properties in San Luis Obispo, CA with 93401 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within San Luis Obispo, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $996,427 in 93405 to the lowest home value of $839,633 in 93401.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in San Luis Obispo, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in San Luis Obispo, CA. There are 3 zips within San Luis Obispo, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of San Luis Obispo, CA. Auction homes and other auction properties account for 0% of all properties in San Luis Obispo, CA. There are 3 zips within San Luis Obispo, CA; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 64.55% of residential properties in San Luis Obispo, CA with 93401 containing 387 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within San Luis Obispo, CA; homes for sale in those zips, have a range of median values from $4,799,000 in 93405 to the lowest value of $386,246 in 93401.
    Sold Homes
    The median value for recently sold homes ranges from $3,489,942 in 93405 to the lowest price of $433,866 in 93405. There are 3 zips within San Luis Obispo, CA. 93401 has 188 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 34.77% of properties in San Luis Obispo, CA.

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      Guide for San Luis Obispo, CA

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.