Homes Under $1.25M in San Luis Obispo, CA

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12 of 199 Listings

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Thomas O'Leary

Realty.com

Lic. #01840925

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31Active
$375,000
2 bd · 2 ba · 1,147 sqft
1716 Carolyn Unit 106, San Luis Obispo, CA
Steven Ingels · BHGRE HAVEN PROPERTIES
37Active
$995,000
3 bd · 2 ba · 1,565 sqft
2035 Rachel Street, San Luis Obispo, CA
Hal Sweasey · Equity Union
36Active
$799,000
3 bd · 2 ba · 1,040 sqft
1778 Vicente, San Luis Obispo, CA
Graham Updegrove · California Coastal Real Estate

Listing data & MLS disclosures

The MLS (CLAW): The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
San Diego MLS: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

About Homes Under $1.25M in San Luis Obispo, CA

Homes Under $1.25M in San Luis Obispo, CA: 199 active listings as of October 12, 2026, 11:18 UTC.

Property types among these 199 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	96	48.2%
Condominium	66	33.2%
Townhouse	19	9.5%
Manufactured Home	15	7.5%

San Luis Obispo housing market

September 2026 · This period is still settling

Selling at 99.0% of asking price

Buyers here are paying below asking. MLS · 37 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 24, 2026

Median sale price: $1,050,000$712,500–$1,609,500 typical range
Price per sq. ft.: $626
Sales: 43
Paid in cash: 41.9%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $1,172,500
Homes for sale: 112

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -15.3%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,710 sq. ft.

San Luis Obispo, CA community profile

Population: 47,254
Median income: $67,929
Housing units: 21,671
People per sq. mi.: 256
Area: 184.6 sq. mi.

Source: HJN community data

Homes Under $1.25M in San Luis Obispo, CA

Your local brokerage

Listing data & MLS disclosures

About Homes Under $1.25M in San Luis Obispo, CA

San Luis Obispo housing market

Homes that sold · County records, as of Sep 24, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

San Luis Obispo, CA community profile

Explore San Luis Obispo homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

San Luis Obispo, CA community profile

San Luis Obispo housing market

Homes that sold · County records, as of Sep 24, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026