Market Intelligence · CA / San Luis Obispo

San Luis Obispo, CA 93405 Housing Market

Homes in San Luis Obispo's 93405 ZIP are valued at a typical $1,100,384, up 2.5% over the past year. The median list price sits at $1,275,000, with homes spending a median 72 days on market.

Updated August 2026Median value$1084K

The median home value in San Luis Obispo, CA 93405 is $1.08M as of August 2026, up 2.7% 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 93405 range

$997K 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

+2.7% over 12 months

Typical home value in 93405 over the last 12 months: $1.06M in Aug 2025 to $1.08M in Aug 2026 (+2.7%).

Aug 2025$1.06M

Aug 2026$1.08M

The numbers

What is the 93405 housing market like?

Typical home value

$1.08M

Up2.7%YoY

Median list price

$1.27M

Down4.6%MoM

Days on market

72

Up10.8%MoM

Homes for sale

29

Down6.5%MoM

Price cuts

31.3%

Up67.9%MoM

New listings

12

Down25.0%MoM

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

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The comparison

How do 93405 home prices compare?

  • 93405$1,084,175
  • San Luis Obispo$1,085,646
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (San Luis Obispo: 2 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

The 93405 area has 29 homes for sale as of August 2026, with 12 new listings added recently. Inventory remains modest, but the market is showing signs of pressure. Nearly a third of listings have taken price cuts, at 31.3% of the active supply. The extended time on market suggests buyer interest is selective. For sellers, this means pricing competitively and being ready for negotiation.

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20% · $216,835

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