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San Luis Obispo County Equity Boom

Updates April 10, 2025

San Luis Obispo County Equity Boom: How Much Have Home Values Grown in the Last 5 Years?

By Dianna Vonderheide, Templeton Local & Expert Real Estate Advisor

 


 

If you bought a home in San Luis Obispo County five years ago...

You might be sitting on a gold mine. I’m talking equity gains that could make your jaw drop—especially if you’ve been casually browsing Zillow with a glass of wine and thinking, "Wait, I paid HOW MUCH for this place?!"

Let’s break it down city by city and take a look at how much homes have appreciated since 2019.
Spoiler alert: it’s a lot.

 


 

Templeton

2019 Median Home Price: ~$580,000
2024 Median Home Price: ~$830,000
Equity Gain: ~$250,000
Example: A 3-bed, 2-bath home on Old County Road that sold in 2019 for $575,000 is now estimated at around $825,000.

 


 

Paso Robles

2019 Median Home Price: ~$480,000
2024 Median Home Price: ~$730,000
Equity Gain: ~$250,000
Example: A home near the westside wineries that sold for $495,000 in 2019 is now worth approximately $740,000.

 


 

Atascadero

2019 Median Home Price: ~$460,000
2024 Median Home Price: ~$710,000
Equity Gain: ~$250,000
Example: A cute 3/2 with a big backyard on Curbaril that went for $450,000 in 2019 now hovers around $700,000.

 


 

Grover Beach

2019 Median Home Price: ~$420,000
2024 Median Home Price: ~$670,000
Equity Gain: ~$250,000
Example: A beach bungalow a few blocks from the sand that sold for $425,000 in 2019 is now worth about $680,000.

 


 

Pismo Beach

2019 Median Home Price: ~$750,000
2024 Median Home Price: ~$1,150,000
Equity Gain: ~$400,000
Example: A 2-bed condo with ocean views that sold in 2019 for $775,000? Today it’s worth over $1.2 million.

 


 

Morro Bay

2019 Median Home Price: ~$580,000
2024 Median Home Price: ~$900,000
Equity Gain: ~$320,000
Example: A charming coastal cottage near downtown that sold for $585,000 in 2019 is now worth close to $910,000.

 


 

Cayucos

2019 Median Home Price: ~$690,000
2024 Median Home Price: ~$1,050,000
Equity Gain: ~$360,000
Example: A hillside home with peek-a-boo ocean views that sold for $700K in 2019? Now it’s appraising near $1.1 million.

 


 

Arroyo Grande

2019 Median Home Price: ~$540,000
2024 Median Home Price: ~$850,000
Equity Gain: ~$310,000
Example: A farmhouse-style home on the mesa that sold for $545,000 in 2019 now lands around $860,000.

 


 

Cambria

2019 Median Home Price: ~$620,000
2024 Median Home Price: ~$980,000
Equity Gain: ~$360,000
Example: A forested retreat near Moonstone Beach bought for $625K in 2019 now clocks in at around $990K.

 


 

What does this mean for you?

If you’ve been in your home for the last five years, chances are you’ve built up serious equity—just by living your life and paying your mortgage.

Whether you’re thinking about selling, pulling cash out for renovations, or just curious what your home’s really worth now, it might be time to get the facts.

And if you’re a buyer wondering if you’ve “missed the boat”—you haven’t. There are still opportunities out there, especially if you’ve got someone on your side who knows where to look and how to negotiate.

 


 

📲 Let’s talk options.

Dianna Vonderheide
Templeton Local & Real Estate Advisor
📞 805-234-0640
📧 [email protected]
🌐 www.nestcentralcoastrealty.com

 

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