What is the median home value in Oceano, CA?

The median value of owner-occupied homes in Oceano, CA is $556,100 (±$79,935), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Oceano, the median home value went from $392,000 in 2015–2019 to $556,100 in 2020–2024 (+41.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$556,100 (±$79,935)
Owner-occupied homes
1,844 (±287)
Most common range
$500,000 to $999,999

Home values in Oceano

Owner-occupied homes by value, 2020–2024
ValueOceanoSan Luis Obispo CountyCaliforniaUnited States
Less than $50,0000.7% (±1.1 points)1.5%2.5%5.3%
$50,000 to $99,9994.3% (±3.2 points)1.6%1.7%6.1%
$100,000 to $149,9992.4% (±2.4 points)1.2%1.3%6.8%
$150,000 to $199,9998.5% (±10.3 points)1.0%1.4%9.0%
$200,000 to $299,9993.3% (±2.5 points)2.0%4.3%17.8%
$300,000 to $499,99924.0% (±10.5 points)10.6%17.1%26.9%
$500,000 to $999,99949.9% (±10.4 points)51.5%42.1%20.9%
$1,000,000 or more6.8% (±4.5 points)30.5%29.6%7.1%

The most common range is $500,000 to $999,999, 49.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Oceano against San Luis Obispo County, its state and the nation

Estimate (90% margin of error)
OceanoSan Luis Obispo CountyCaliforniaUnited States
Median home value$556,100 (±$79,935)$824,700 (±$12,237)$734,700 (±$1,307)$332,700
Owner-occupied homes1,844 (±287)67,986 (±1,080)7,567,568 (±37,334)84,210,142

In Oceano, the median home value is lower than in San Luis Obispo County ($824,700).

It is also lower than in California ($734,700).

It is higher than the national figure ($332,700).

In San Luis Obispo County, Oceano ranks 19 of 22 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 593 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Oceano have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$392,000 (±$40,833)$556,100 (±$79,935)+41.9%No measurable change after inflation
Median owner cost with a mortgage$1,919 (±$421)$2,467 (±$270)+28.6%No measurable change after inflation
Median real estate taxes$3,551 (±$335)$2,928 (±$1,023)−17.5%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Oceano

Nearest places with a published estimate, compared with Oceano
PlaceDistanceMedian home valueCompared with this place
Oceano—$556,100 (±$79,935)—
Grover Beach1.5 mi$727,500 (±$51,304)Higher
Arroyo Grande2.1 mi$814,200 (±$39,147)Higher
Callender4.1 mi$945,400 (±$254,600)Higher
Pismo Beach5.1 mi$1,021,300 (±$88,224)Higher
Woodlands5.9 mi$1,162,200 (±$113,749)Higher
Los Ranchos7.8 mi$1,244,900 (±$526,315)Higher
Nipomo7.9 mi$723,700 (±$44,284)Higher
Avila Beach9.3 mi$1,243,300 (±$593,756)Higher

Nearby places with a measurably higher figure: Grover Beach, CA ($727,500), Arroyo Grande, CA ($814,200), Callender, CA ($945,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across San Luis Obispo County, place by place

RankPlaceMedian home value
13Grover Beach$727,500 (±$51,304)
14Nipomo$723,700 (±$44,284)
15Atascadero$716,500 (±$31,483)
16El Paso de Robles (Paso Robles)$687,200 (±$26,632)
17Santa Margarita$684,000 (±$129,346)
18California Polytechnic State University$564,700 (±$105,499)
19Oceano$556,100 (±$79,935)
20San Miguel (San Luis Obispo County)$539,700 (±$84,321)
21Lake Nacimiento$504,200 (±$73,697)
22Shandon$448,500 (±$26,186)

Showing 10 of 22 places in San Luis Obispo County, ranked from highest to lowest.

Oceano is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Oceano

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Oceano beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Oceano, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Oceano, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Oceano

What is the average home value in Oceano, CA?

The Census Bureau publishes the median: $556,100 (±$79,935) for owner-occupied homes in Oceano (2020–2024 American Community Survey).

Have home values in Oceano gone up?

In Oceano, the median home value went from $392,000 in 2015–2019 to $556,100 in 2020–2024 (+41.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Oceano sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Oceano CDP, California (place:53294, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related