Market Intelligence · CA / San Luis Obispo

San Luis Obispo, CA 93401 Housing Market

A typical home in San Luis Obispo's 93401 ZIP code is worth $1,087,117, up 1.1% over the past year. The median list price stands at $1,070,166, with homes spending a median of 70 days on the market as of September 2026.

Updated September 2026Median value$1082K

The median home value in San Luis Obispo, CA 93401 is $1.08M as of September 2026, up 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 93401 range

$995K to $1.17M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Sep 2025$1.07M

Low $1.07MHigh $1.08M

Sep 2026$1.08M

The numbers

What is the 93401 housing market like?

As of September 2026

Typical home value

$1.08M

1.3%YoY

Median list price

$1.07M

0.4%MoM

Days on market

22.8%MoM

Homes for sale

4.5%MoM

Price cuts

26.1%

55.7%MoM

New listings

31.2%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

93401 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 93401 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 93401 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 93401?

Zillow's forecast does not call for a drop: it expects typical home values in 93401 to rise 1.1% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 93401 home prices compare?

93401$1,081,644
San Luis Obispo$1,081,197
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (San Luis Obispo: 2 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

The 93401 market shows moderate activity, with 64 homes for sale and 22 new listings in September 2026. Nearly one in four listings, at 26.1%, have seen price reductions. The median days on market of 70 suggests homes are not moving quickly. Buyers have time to look, and sellers should be realistic about pricing and condition.

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Down payment20% · $216,329

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Common questions

What people ask us.

What is the typical home value in 93401?

The typical home value is $1,087,117 as of August 2026, representing a 1.1% increase over the prior year.

How long do homes typically stay on the market in 93401?

Homes in this ZIP spend a median of 70 days on the market according to September 2026 data.

What share of listings have price cuts in 93401?

As of September 2026, 26.1% of listings have experienced a price reduction.

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