111 homes in San Luis Obispo
Homes for Sale in San Luis Obispo, TN
About San Luis Obispo, TN Real Estate
San Luis Obispo is a city in and the county seat of San Luis Obispo County, California, United States. Located on the Central Coast of California, San Luis Obispo is roughly halfway between the San Francisco Bay Area in the north and Greater Los Angeles in the south. The population was 47,063 at the 2020 census.
San Luis Obispo is a charming Central Coast city home to Cal Poly. Consistently ranked among happiest cities with excellent quality of life.
Today, San Luis Obispo has 111 homes for sale at a median price of $1,100,000, typically selling in about 61 days. Families here choose from 9 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in San Luis Obispo
Powered by the Topfind School Score
- 10Teach Elementaryelementary
- 9Bishop's Peak Elementaryelementary
- 9C L Smith Elementaryelementary
- 9Laguna Middleintermediate/middle/junior high
- 9Los Ranchos Elementaryelementary
- 9San Luis Obispo Highhigh school
Why Live in San Luis Obispo?
- Cal Poly
- Happiest city
- Downtown charm
- Wine country access
Popular Neighborhoods in San Luis Obispo
San Luis Obispo Market Pulse
Median Home Price
$1.12M
↑ 2.3% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.5 months of supply
Seller's MarketWith only 111 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 45% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in San Luis Obispo
Renting is more common here than statewide—this market has more rental inventory and transient residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5% lower than the California average (55.5%)
20,005 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $622K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.3M)
Price Reductions
48 listings have reduced their price
43% of active listings
Average reduction: 7.9% (~$87K)
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