San Luis Obispo First-Time Homebuyer Report for January

San Luis Obispo is a city in California. It's less affluent than average and the cost of living is expensive compared to the rest of the state, with a median income of $43,325 per household and cost of living adjustment score of 165.3. 93405, 93401, and 93408 are its three most populated zip codes. With a median age of 36 years, homes in San Luis Obispo tend to be relatively old. The best schools in the city are Los Ranchos Elementary School and Teach Elementary School.

Price Range

Some of the more expensive homes in California are in San Luis Obispo with a median home value of $463,800 and an average list price for available homes currently at $716,710. With home sales in the San Luis Obispo market already below average, in this week's report they slid 8.6% to 32 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in San Luis Obispo? These listings have stirred up interest and produced the most views:

$425K   $699K   $739K  

Typical Dwelling

The typical dwelling in San Luis Obispo is a three-bedroom detached home worth about $729,079. To purchase a similar home, a buyer with good credit and a $145,816 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,646 monthly payment. The property tax rate is $7.63 per $1,000 of taxable assessed value.

Get started right now by checking out San Luis Obispo homes for sale or reviewing San Luis Obispo real estate trends.


Data reported through 1/12/2017

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