93420 Housing Market
Median List Price
$1,295,000
Updated August 2026
Today, the 93420 ZIP code in Arroyo Grande, CA has 75 homes for sale at a median list price of $1,295,000, typically selling in about 57 days.
93420 Housing Market Overview
The 93420 ZIP code currently shows a median list price of $1.3M. That is roughly in line with the Arroyo Grande median. There are 75 homes currently listed for sale in the 93420 ZIP code.
Two bedroom homes are the most affordable tier at a median of $555,000, while five bedroom homes top the range at $2.7M. Over the last six months, the median price has eased about 5.1%, from $1.2M in February to $1.1M in July.
93420 Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 48% versus six months ago, yet 51% of sellers have trimmed their asking price, and the typical home takes about 57 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.29M
↓ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.4 months of supply
Balanced Supply75 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~57 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 48% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in 93420 Area
Homeownership is higher than average, and most households in this area own rather than rent.
62%
Homeowners
38%
Renters
Homeownership is 6.5 points higher than the California average (55.5%)
7,666 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $475K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.1M)
Price Reductions
38 listings have reduced their price
51% of active listings
Average reduction: 6.6% (~$85K)
Browse 93420 Listings
Frequently Asked Questions about the 93420 Housing Market
What is the median home price in the 93420 ZIP code?
The median list price in the 93420 ZIP code is $1,295,000 as of August 2026, based on 75 active listings.
Is the 93420 ZIP code a buyer's market or a seller's market?
The 93420 ZIP code currently reads as a balanced market. Active inventory works out to about 4.4 months of supply at the recent sales pace.
How fast do homes sell in the 93420 ZIP code?
The average home currently for sale in the 93420 ZIP code has been on the market for 57 days.
Are home prices in the 93420 ZIP code going up or down?
The median sale price in the 93420 ZIP code is down about 1.4% compared with a year ago.
How many homes are for sale in the 93420 ZIP code?
There are 75 homes for sale in the 93420 ZIP code right now, including 8 listed within the last week.