105 homes in San Luis Obispo
San Luis Obispo is a charming Central Coast city home to Cal Poly. Consistently ranked among happiest cities with excellent quality of life.
Today, San Luis Obispo has 104 homes for sale at a median price of $1,103,040, typically selling in about 64 days. Families here choose from 9 schools rated 8 or higher on the Topfind School Score.
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Median Home Price
$1.12M
↑ 2.3% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Seller's MarketWith only 105 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~64 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 45% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in San Luis Obispo
Renting is more common here than statewide—this market has more rental inventory and transient residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5% lower than the California average (55.5%)
20,005 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $676K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.3M)
Price Reductions
44 listings have reduced their price
42% of active listings
Average reduction: 7.9% (~$87K)
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