1 / 48
Price cut: $4,350,000 (4/28)
3D TOUR
$3,900,000FOR SALE
7 beds · 7 baths · 7,722 sqft
Sotheby's International Realty
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5 homes in 93461
Homes for Sale in 93461
Shandon, CA
1990 E Highway 46, Shandon, CA 93461
1 / 52
Price cut: $4,350,000 (4/29)
3D TOUR
$3,900,000FOR SALE
7 beds · 7 baths · 7,722 sqft
Central Coast Sotheby's International Realty
1 / 33
NEW 6 DAYS AGO
VIRTUAL TOUR
$589,000FOR SALE
3 beds · 2 baths · 1,409 sqft
RE/MAX Parkside Real Estate
1 / 30
Price cut: $561,875 (1/28)
VIDEO TOUR
$7,750,000FOR SALE
3 beds · 1 baths · 1,200 sqft
California Outdoor Properties, Inc.
1 / 39
$999,000FOR SALE
3 beds · 2 baths · 1,548 sqft
RE/MAX Success
About 93461 Real Estate
About Shandon: The 93461 ZIP code is in Shandon, CA. Shandon is a village and census-designated place (CDP) in San Luis Obispo County, California, United States. The population was 1,168 at the 2020 census, down from 1,295 at the 2010 census. Shandon lies by the San Juan River.
Today, the 93461 area has 5 homes for sale with a median listing price of $3.9M. The average price per square foot is $1706.
93461 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 178 days to sell, and 80% of current listings have been up for more than 30 days. At the same time, there is only 2.5 months of supply, 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.
Buyer leverageBalancedSeller leverage
Median Home Price
$3.90M
Chart shows the median closed sale price by month
$626.9K$543.8K$463.1K$382.5K
Sep 25
Mar 26
Jul 26
Months of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Tight Supply5 active listings against the current sales pace works out to about 2.5 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
2.5
0369+
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 ~178 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
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.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93461 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
HomeownersRenters
95%
Homeowners
5%
Renters
Homeownership is 39.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
312 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
3 Bed$3.1M
7 Bed$3.9M
Each additional bedroom adds about $787K in value on average.
Price Reductions
3
3 listings have reduced their price
60% of active listings
Average reduction: 37.4% (~$1459K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Shandon
Frequently Asked Questions about Homes for Sale in 93461, CA
How many homes are for sale in 93461, CA?
There are currently 5 homes for sale in 93461, ranging from $589,000 to $7,750,000. 1 of them hit the market within the last week.
What is the median home price in 93461?
The median list price in 93461 is $3,900,000. Price per square foot averages $1706.
How fast do homes sell in 93461?
Homes in 93461 currently average 178 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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