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San Luis Obispo is located in the western part of the state of California and a city and seat of San Luis Obispo County. It is situated at the base of Santa Lucia Mountains at the San Luis Obispo Creek, which is in the east of the Pacific Ocean and on the northwestern part of Santa Barbara. The area was cultivated as a farming center that surrounds the Mission San Luis Obispo de Tolosa which was founded as the fifth California chain of 21 missions by Junipero Serra. In 1846, San Luis Obispo was under the United States control, and it was also the era of lawless and violent Gold Rush, wherein much of the land was still held by the Mexicans, who then established the economy which was then largely based on tallow and hides industry. The area became railroad division point in 1894 and oil, pumped and refined locally, is shipped through San Luis port. Light manufacturing, wineries, and tourism are also economic factors.

Home Prices

1,025,523 -1%
859,300 +4%

Relative Price (per sqft.)

523 +21%


93 -35%
44 +10%

Market Duration

52 -1%
Population 46,377 (4.40%)
House Size (sqft.) 1,763 (-9.33%)