What is the median home value in San Luis Obispo, CA?

The median value of owner-occupied homes in San Luis Obispo, CA is $935,100 (±$25,045), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In San Luis Obispo, the median home value went from $643,200 in 2015–2019 to $935,100 in 2020–2024 (+45.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$935,100 (±$25,045)
Owner-occupied homes
8,228 (±457)
Most common range
$500,000 to $999,999

Home values in San Luis Obispo

Owner-occupied homes by value, 2020–2024
ValueSan Luis ObispoSan Luis Obispo CountyCaliforniaUnited States
Less than $50,0000.8% (±0.5 points)1.5%2.5%5.3%
$50,000 to $99,9991.0% (±0.6 points)1.6%1.7%6.1%
$100,000 to $149,9991.3% (±0.6 points)1.2%1.3%6.8%
$150,000 to $199,9991.4% (±0.6 points)1.0%1.4%9.0%
$200,000 to $299,9993.3% (±1.1 points)2.0%4.3%17.8%
$300,000 to $499,9996.7% (±1.9 points)10.6%17.1%26.9%
$500,000 to $999,99943.1% (±3.7 points)51.5%42.1%20.9%
$1,000,000 or more42.4% (±3.5 points)30.5%29.6%7.1%

The most common range is $500,000 to $999,999, 43.1% 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.

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

Estimate (90% margin of error)
San Luis ObispoSan Luis Obispo CountyCaliforniaUnited States
Median home value$935,100 (±$25,045)$824,700 (±$12,237)$734,700 (±$1,307)$332,700
Owner-occupied homes8,228 (±457)67,986 (±1,080)7,567,568 (±37,334)84,210,142

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

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

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

In San Luis Obispo County, San Luis Obispo ranks 7 of 22 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 261 of 1,059.

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

How home values in San Luis Obispo have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$643,200 (±$14,523)$935,100 (±$25,045)+45.4%Up after inflation
Median owner cost with a mortgage$2,419 (±$94)$3,110 (±$164)+28.6%No measurable change after inflation
Median real estate taxes$3,732 (±$263)$5,847 (±$296)+56.7%Up 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 San Luis Obispo

Nearest places with a published estimate, compared with San Luis Obispo
PlaceDistanceMedian home valueCompared with this place
San Luis Obispo—$935,100 (±$25,045)—
California Polytechnic State University2.8 mi$564,700 (±$105,499)Lower
Los Ranchos4.3 mi$1,244,900 (±$526,315)Not measurably different
Avila Beach5.5 mi$1,243,300 (±$593,756)Not measurably different
Pismo Beach7.8 mi$1,021,300 (±$88,224)Not measurably different
Santa Margarita9.2 mi$684,000 (±$129,346)Lower
Los Osos9.2 mi$805,800 (±$31,362)Lower
Grover Beach10 mi$727,500 (±$51,304)Lower
Arroyo Grande11 mi$814,200 (±$39,147)Lower

Nearby places with a measurably lower figure: California Polytechnic State University, CA ($564,700), Santa Margarita, CA ($684,000), Los Osos, CA ($805,800).

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
1Los Ranchos$1,244,900 (±$526,315)
2Avila Beach$1,243,300 (±$593,756)
3Woodlands$1,162,200 (±$113,749)
4Pismo Beach$1,021,300 (±$88,224)
5Cayucos$1,011,900 (±$189,749)
6Callender$945,400 (±$254,600)
7San Luis Obispo$935,100 (±$25,045)
8Cambria$930,200 (±$53,882)
9Morro Bay$918,200 (±$49,208)
10Arroyo Grande$814,200 (±$39,147)
11Templeton$810,400 (±$37,293)
12Los Osos$805,800 (±$31,362)
13Grover Beach$727,500 (±$51,304)

Showing 13 of 22 places in San Luis Obispo County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

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Questions about San Luis Obispo

What is the average home value in San Luis Obispo, CA?

The Census Bureau publishes the median: $935,100 (±$25,045) for owner-occupied homes in San Luis Obispo (2020–2024 American Community Survey).

Have home values in San Luis Obispo gone up?

In San Luis Obispo, the median home value went from $643,200 in 2015–2019 to $935,100 in 2020–2024 (+45.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in San Luis Obispo 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 San Luis Obispo city, California (place:68154, 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 .

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