7 beds · 5 baths · 4,543 sqft
Central Coast Sotheby's International Realty
12 homes in 93453
Santa Margarita, CA
7 beds · 5 baths · 4,543 sqft
Central Coast Sotheby's International Realty
2 beds · 2 baths · 1,152 sqft
RE/MAX Success
2 beds · 1 baths · 600 sqft
NextHome Central Coast
4 beds · 3 baths · 2,508 sqft
Platinum Properties
3 beds · 1 baths · 1,650 sqft
Century 21 Masters
2 beds · 0 baths · 1,654 sqft
RE/MAX Parkside Real Estate
3 beds · 2 baths · 2,400 sqft
Platinum Properties
3 beds · 4 baths · 1,788 sqft
ARREOLAS REALTY
2 beds · 2 baths · 1,836 sqft
GUIDE Real Estate
2 beds · 1 baths · 696 sqft
ARREOLAS REALTY
6 beds · 4 baths · 2,929 sqft
Farrell Smyth Real Estate
2 beds · 2 baths · 1,377 sqft
eXp Realty of Greater Los Angeles, Inc.

About Santa Margarita: The 93453 ZIP code is in Santa Margarita, CA. Santa Margarita is an unincorporated community located in San Luis Obispo County, California. It was founded in 1889 near Cuesta Peak and San Luis Obispo along today's State Route 58. The town's name comes from the Mexican Alta California land grant of Rancho Santa Margarita. It is home to the Santa Margarita de Cortona Asistencia site. For statistical purposes, the United States Census Bureau has defined Santa Margarita as a census-designated place (CDP). The population was 1,291 at the 2020 census.
Today, the 93453 area has 12 homes for sale with a median listing price of $499K. The average price per square foot is $359.
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 118 days to sell, and 58% of sellers have trimmed their asking price. At the same time, sale prices are up 13% over the last six months, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$499K
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 8% 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 93453 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
35%
Homeowners
65%
Renters
Homeownership is 20.5 points lower than the California average (55.5%)
435 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $476K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 6 → 7 bedrooms (+$845K)
Price Reductions
7 listings have reduced their price
58% of active listings
Average reduction: 10.8% (~$54K)
Browse homes for sale in cities near Santa Margarita
There are currently 12 homes for sale in 93453, ranging from $154,800 to $2,295,000.
The median list price in 93453 is $499,000. Price per square foot averages $359.
Homes in 93453 currently average 118 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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