San Luis Obispo - CA housing market
The San Luis Obispo metro has a typical home value of $911,434, up 1.4% from a year ago. Homes are moving fast at 18 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($911,434) is the Zillow Home Value Index for the San Luis Obispo - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.4% over the past year. In San Luis Obispo - CA, that means a home worth $898,850 last year is now worth roughly $911,434.
The median sale price , what homes actually close for , is $881,813. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.
Homes listed in San Luis Obispo - CA sit on the market for roughly 18 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 309 new listings hit the market each month in San Luis Obispo - CA. There are currently 925 homes for sale, up 3.5% from a year ago.
The typical monthly rent in San Luis Obispo - CA is $2,835, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 27x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,028 | +0.6% | 21.0d |
| San Francisco - CA | $1,142,320 | +0.1% | 15.0d |
| Riverside - CA | $586,047 | -0.6% | 26.0d |
| San Diego - CA | $940,998 | -0.6% | 17.0d |
| Sacramento - CA | $584,122 | -1.3% | 14.0d |
| San Jose - CA | $1,583,961 | -0.9% | 16.0d |