The housing in 93405 San Luis Obispo, CA is significantly more expensive than the national median. The median value of a home in this area is $896,700 compared to the US house median value of $338,100. Additionally, the 1 year house appreciation rate is 11.64%, which is 3.37% higher than the national rate of 8.27%. This means that not only are homes in 93405 San Luis Obispo more expensive than the average US home, but they are also increasing in value faster over time.
The median home cost in San Luis Obispo (zip 93405) is $896,700. Home appreciation the last 10 years has been 119.8%. Home Appreciation in San Luis Obispo (zip 93405) is up 14.2%.
Average Age of Homes
- The median age of San Luis Obispo (zip 93405) real estate is 43 years old
The Rental Market in San Luis Obispo (zip 93405)
- Renters make up 59.5% of the San Luis Obispo (zip 93405) population
- 2.5% of houses and apartments in San Luis Obispo (zip 93405), 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.