Housing in San Luis Obispo, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,035,000

Median List Price

$1,050,000

Price Per Sq Ft

$593

Days on Market

52

Active Inventory

68

Months of Supply

2.3

Seller's market

Zillow Home Value

$1,058,450

ZHVI — January 2026

Zillow Rent Index

$3,875

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.2%List Price 8.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.9%

Off Market in 2 Weeks

41.9%

Sale-to-List Ratio

97.9%

Buyer's market

Sold Above Asking
6.9%
Under Contract in 2 Wks
41.9%
Listings with Price Drops
16.2%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

35

Pending Sales

31

Homes Sold 3.3%New Listings 28.6%Pending 26.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$593

Median List $/SF

$654

Sale $/SF 13.2%List $/SF 9.0%Mar 24Jan 26

San Luis Obispo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. San Luis Obispo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$896,500

Median Rent

$1,906

Total Housing Units

21,783

Vacancy Rate

8.2%

Owner Occupied

39.0%

Renter Occupied

61.0%

Median Property Tax

$5,528

per year

Monthly Cost (w/ Mortgage)

$2,036

Housing Types

Single Family
53.5%
Multi-Family
41.2%
Mobile Home
5.3%

The current median sale price in San Luis Obispo, CA is $1,035,000 according to Redfin data. Homes spend a median of 52 days on the market. 6.9% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $593. Zillow's observed rent index is $3,875/month. About 39.0% of housing units are owner-occupied. The median year homes were built is 1976. There are 21,783 total housing units.