San Luis Obispo County, California home prices
Typical home $897,661 · +2.0% in a year · property tax 0.68%
The typical home in San Luis Obispo County is worth $897,661, 18% more than the California typical home ($761,538). Values changed +2.0% in the past year and +22.6% over five years. Homeowners here pay a median 0.68% of their home's value in property tax each year ($6,135 on the typical home), versus 0.72% statewide.
Mortgage on the typical San Luis Obispo County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $179,532 | $718,129 | $4,831 | $0 | $960 | $5,791 | $248,200 |
| 10% down | $89,766 | $807,895 | $5,435 | $337 | $960 | $6,731 | $288,500 |
| 5% down | $44,883 | $852,778 | $5,737 | $355 | $960 | $7,052 | $302,200 |
| 3.5% down (FHA) | $31,418 | $881,402 | $5,929 | $397 | $960 | $7,286 | $312,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.68% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in California · part of the San Luis Obispo metro area.
California counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Los Angeles County | $871,674 | +0.4% | 0.68% |
| Ventura County | $869,794 | +1.1% | 0.68% |
| Napa County | $869,491 | -1.0% | 0.69% |
| San Diego County | $926,979 | +0.8% | 0.68% |
| Monterey County | $841,129 | +1.2% | 0.63% |
| Santa Barbara County | $988,595 | +4.3% | 0.65% |
| Sonoma County | $782,980 | +0.8% | 0.7% |
| Contra Costa County | $768,394 | -0.5% | 0.83% |
| San Benito County | $763,020 | +0.1% | 0.81% |
| Mono County | $758,836 | +3.2% | 0.65% |
Frequently asked questions
What is the average home price in San Luis Obispo County, CA?
The typical home value in San Luis Obispo County is $897,661 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in San Luis Obispo County?
About $248,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in San Luis Obispo County?
The median effective rate is 0.68% of home value a year (Census ACS 2024 5-year estimates).