74 homes in near OLD MISSION SCHOOL
Homes for Sale near OLD MISSION SCHOOL
SAN LUIS OBISPO, CA
About Homes near OLD MISSION SCHOOL
These are homes for sale within about 2 miles of OLD MISSION SCHOOL in SAN LUIS OBISPO. The area around the school has 74 active listings.
OLD MISSION SCHOOL Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.4 months of supply, yet 47% of sellers have trimmed their asking price, and the typical home takes about 59 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
$1.00M
↑ 9% 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
2.4 months of supply
Tight Supply74 active listings against the current sales pace works out to about 2.4 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 ~59 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 39% 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 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in OLD MISSION SCHOOL 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 $294K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$614K)
Price Reductions
35 listings have reduced their price
47% of active listings
Average reduction: 6.2% (~$62K)
OLD MISSION SCHOOL Area Market Overview
Homes in the OLD MISSION SCHOOL area carry a median list price of $1M. Compared with SAN LUIS OBISPO overall, that is a 9.0% discount. The median price moved from $1.1M in February to $985,000 in July, a 13.2% decrease over six months. Right now 74 homes are on the market in the OLD MISSION SCHOOL area. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
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Frequently Asked Questions about Homes near OLD MISSION SCHOOL
How many homes are for sale in OLD MISSION SCHOOL Area, CA?
There are currently 74 homes for sale in OLD MISSION SCHOOL Area, ranging from $255,000 to $3,185,000. 10 of them hit the market within the last week.
What is the median home price in OLD MISSION SCHOOL Area?
The median list price in OLD MISSION SCHOOL Area is $1,000,000. Price per square foot averages $665. Prices are up 9.2% compared to a year ago.
How fast do homes sell in OLD MISSION SCHOOL Area?
Homes in OLD MISSION SCHOOL Area currently average 59 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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