The housing market in the San Luis Obispo-Paso Robles-Arroyo Grande, CA Metro Area has been booming in recent years. The median value of houses in this region is $812,000, significantly higher than the US median house value of $338,100. Additionally, house appreciation over the past year has been 8.61%, higher than the national average of 8.27%. This is indicative of a strong and healthy housing market in this desirable area of California.
The median home cost in San Luis Obispo-Paso Robles Metro Area is $812,000. Home appreciation the last 10 years has been 119.8%. Home Appreciation in San Luis Obispo-Paso Robles Metro Area is up 14.2%.
Average Age of Homes
- The median age of San Luis Obispo-Paso Robles Metro Area real estate is 36 years old
The Rental Market in San Luis Obispo-Paso Robles Metro Area
- Renters make up 36.4% of the San Luis Obispo-Paso Robles Metro Area population
- 1.5% of houses and apartments in San Luis Obispo-Paso Robles Metro Area, 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.