Good Investment

Home appreciation in San Luis Obispo, CA

Over the five years ending 2025, home prices in San Luis Obispo, CA grew an average of 8.0% a year.

Price growth at a glance

1-year

+3.1%

2025 over 2024. California: +1.9%.

5-year, per year

+8.0%

Average annual growth, 2020 to 2025. California: +7.2%.

10-year, per year

+6.3%

+84.7% in total since 2015. California: +6.3%.

How does your home compare?

San Luis Obispo, CA home prices rose 84.7% over the ten years to 2025, while its ZIP codes ranged from +65.4% to +101.7%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How San Luis Obispo, CA compares with California

California averaged +7.2% a year, so San Luis Obispo, CA grew faster than the state overall. For five-year price growth, San Luis Obispo, CA ranks 295th out of 409 metros nationwide and 10th out of 28 in California.

Index, 2005 = 100

San Luis Obispo-Paso Robles, CA and California, quarterly house price index rebased to 100 in 2005.
YearSan Luis Obispo-Paso Robles, CACalifornia
2005 Q1100100
2005 Q2104106
2005 Q3108111
2005 Q4112116
2006 Q1112119
2006 Q2112120
2006 Q3110120
2006 Q4109119
2007 Q1108118
2007 Q2106116
2007 Q3103111
2007 Q4102107
2008 Q199101
2008 Q29493
2008 Q39285
2008 Q48883
2009 Q18882
2009 Q28478
2009 Q38276
2009 Q48177
2010 Q18076
2010 Q27876
2010 Q37876
2010 Q47775
2011 Q17473
2011 Q27371
2011 Q37372
2011 Q47372
2012 Q17371
2012 Q27371
2012 Q37573
2012 Q47674
2013 Q17776
2013 Q28179
2013 Q38483
2013 Q48686
2014 Q18888
2014 Q29090
2014 Q39192
2014 Q49293
2015 Q19394
2015 Q29596
2015 Q39798
2015 Q499100
2016 Q1100101
2016 Q2102103
2016 Q3104105
2016 Q4105106
2017 Q1106107
2017 Q2108110
2017 Q3109112
2017 Q4110113
2018 Q1112115
2018 Q2114118
2018 Q3115119
2018 Q4115119
2019 Q1114120
2019 Q2117121
2019 Q3118122
2019 Q4118123
2020 Q1118124
2020 Q2120126
2020 Q3121127
2020 Q4123130
2021 Q1125133
2021 Q2133141
2021 Q3140149
2021 Q4145155
2022 Q1149161
2022 Q2161171
2022 Q3159170
2022 Q4158165
2023 Q1159164
2023 Q2162168
2023 Q3166170
2023 Q4169170
2024 Q1170173
2024 Q2170176
2024 Q3174177
2024 Q4173178
2025 Q1176178
2025 Q2175179
2025 Q3178179
2025 Q4179180
2026 Q1176181
2026 Q2181181

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.3% a year over ten years, +84.7% in total.

Over this history, home prices peaked in 2006, fell 33.7% to its 2011 low, and regained the 2006 level in 2018.

The strongest year was 2022 at +15.7%, and the weakest was 2008 at -10.8%.

In 2025 alone the index moved +3.1%, against +1.9% for the state.

ZIP codes in San Luis Obispo, CA

Over the ten years to 2025, the 14 ZIP codes FHFA measures in this metro ranged from +65.4% in 93401 to +101.7% in 93451, while the metro as a whole rose 84.7%.

Fastest-rising ZIP codes

10-year change

  1. 93451+101.7%
  2. 93402+91.0%
  3. 93422+90.7%
  4. 93446+88.7%
  5. 93433+86.1%

Slowest-rising ZIP codes

10-year change

  1. 93401+65.4%
  2. 93428+71.8%
  3. 93445+74.1%
  4. 93420+74.5%
  5. 93405+76.3%
ZIP codes in San Luis Obispo-Paso Robles, CA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
93451-3.7%+7.7%+7.3%+101.7%
93402+0.8%+7.8%+6.7%+91.0%
93422+4.8%+8.3%+6.7%+90.7%
93446+2.2%+8.0%+6.6%+88.7%
93433+0.2%+7.9%+6.4%+86.1%
93444+4.8%+8.7%+6.4%+86.0%
93442+5.6%+7.4%+6.1%+81.2%
93449+6.3%+8.5%+6.1%+80.5%
93465+1.6%+7.8%+6.1%+80.1%
93405+3.7%+7.5%+5.8%+76.3%
93420+4.1%+7.7%+5.7%+74.5%
93445-8.0%+5.5%+5.7%+74.1%
93428+1.3%+6.4%+5.6%+71.8%
93401+2.8%+6.9%+5.2%+65.4%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for San Luis Obispo-Paso Robles, CA and California, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006104.7+4.7%110.2
200798.8-5.6%104.3
200888.2-10.8%83.4
200979.1-10.3%72.2
201074.1-6.4%70.0
201169.4-6.3%66.4
201270.3+1.3%66.5
201377.5+10.3%74.7
201485.3+10.1%83.6
201590.6+6.2%89.5
201697.0+7.0%95.9
2017102.3+5.5%102.1
2018107.6+5.2%108.8
2019110.3+2.5%112.3
2020114.0+3.3%117.1
2021128.2+12.5%133.5
2022148.4+15.7%153.8
2023155.1+4.6%155.3
2024162.3+4.6%162.4
2025167.3+3.1%165.5

The 28 measured metros in California

Measured metros in California ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1El Centro, CA+7.7%+9.9%+7.8%
2Santa Maria-Santa Barbara, CA+2.9%+9.2%+6.5%
3San Diego-Chula Vista-Carlsbad, CA+1.9%+9.1%+7.3%
4Anaheim-Santa Ana-Irvine, CA (metropolitan division)+4.5%+9.0%+6.6%
5Riverside-San Bernardino-Ontario, CA+2.1%+9.0%+7.5%
6Visalia, CA+4.3%+9.0%+7.3%
7Bakersfield-Delano, CA+3.5%+8.8%+6.6%
8Hanford-Corcoran, CA+5.2%+8.6%+7.2%
9Fresno, CA+3.1%+8.4%+7.2%
10San Luis Obispo-Paso Robles, CA+3.1%+8.0%+6.3%
11Merced, CA+1.5%+7.9%+7.5%
12Los Angeles-Long Beach-Glendale, CA (metropolitan division)+2.8%+7.5%+6.6%
13Oxnard-Thousand Oaks-Ventura, CA+3.0%+7.5%+5.9%
14Modesto, CA+1.5%+7.1%+7.1%
15Stockton-Lodi, CA+0.6%+6.9%+6.9%
16Salinas, CA-0.2%+6.6%+6.4%
17Yuba City, CA+0.9%+6.5%+7.2%
18Sacramento-Roseville-Folsom, CA+1.3%+6.4%+6.4%
19San Jose-Sunnyvale-Santa Clara, CA+0.7%+6.1%+5.1%
20Redding, CA+0.8%+5.7%+5.4%
21Santa Cruz-Watsonville, CA+0.5%+5.4%+4.9%
22Vallejo, CA0.0%+5.3%+5.9%
23Napa, CA+1.0%+5.2%+5.2%
24Oakland-Fremont-Berkeley, CA (metropolitan division)-0.1%+4.7%+5.2%
25Chico, CA+2.1%+4.6%+6.0%
26Santa Rosa-Petaluma, CA+0.8%+4.6%+4.9%
27San Rafael, CA (metropolitan division)+0.8%+4.5%+3.6%
28San Francisco-San Mateo-Redwood City, CA (metropolitan division)+0.8%+3.5%+3.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the California row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

All metrosState rankings
Share

Measured FHFA data · chart through 2026 Q2