93401 Housing Market
Median List Price
$1,031,698
Updated August 2026
Today, the 93401 ZIP code in San Luis Obispo, CA has 82 homes for sale at a median list price of $1,031,698, typically selling in about 53 days.
93401 Housing Market Overview
Buyers in the 93401 ZIP code are looking at a median list price of $1M. That runs roughly 6.1% lower than San Luis Obispo as a whole. Since February, the median price has moved down about 11.8% to $970,000 as of July. The 93401 ZIP code has 82 active listings on the market right now. Pricing spreads from a $729,000 median for two bedroom homes to $7.3M for six bedroom homes.
93401 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.8 months of supply, yet 34% of sellers have trimmed their asking price, and the typical home takes about 53 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
$1.03M
↑ 4% 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
2.8 months of supply
Tight Supply82 active listings against the current sales pace works out to about 2.8 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~53 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 41% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 93401 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
20,005 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $251K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$787K)
Price Reductions
28 listings have reduced their price
34% of active listings
Average reduction: 7.2% (~$74K)
Browse 93401 Listings
Frequently Asked Questions about the 93401 Housing Market
What is the median home price in the 93401 ZIP code?
The median list price in the 93401 ZIP code is $1,031,698 as of August 2026, based on 82 active listings.
Is the 93401 ZIP code a buyer's market or a seller's market?
The 93401 ZIP code currently reads as a balanced market. Active inventory works out to about 2.8 months of supply at the recent sales pace.
How fast do homes sell in the 93401 ZIP code?
The average home currently for sale in the 93401 ZIP code has been on the market for 53 days.
Are home prices in the 93401 ZIP code going up or down?
The median sale price in the 93401 ZIP code is up about 4.4% compared with a year ago.
How many homes are for sale in the 93401 ZIP code?
There are 82 homes for sale in the 93401 ZIP code right now, including 11 listed within the last week.