The housing market in San Luis Obispo, CA County is booming. The median value of a house in this county is currently $812,000, which is significantly higher than the US median house value of $338,100. This past year, the US experienced an 8.27% increase in house appreciation; however, the appreciation rate for housing in San Luis Obispo was even higher at 8.61%. This shows that the demand for housing is strong in this county and that values are likely to continue increasing over the coming years.
The median home cost in San Luis Obispo County is $812,000. Home appreciation the last 10 years has been 119.8%. Home Appreciation in San Luis Obispo County is up 14.2%.
Average Age of Homes
- The median age of San Luis Obispo County real estate is 36 years old
The Rental Market in San Luis Obispo County
- Renters make up 36.4% of the San Luis Obispo County population
- 1.5% of houses and apartments in San Luis Obispo County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.