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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −6.2% YoY. inventory, −2.7% YoY, is the number to watch.
The median listing price is down 6.2% YoY while the median home got down 9.7% bigger, so value per square foot is up 2.9%.
U.S. Census ACS characteristics for ZIP 93405 itself, not its parent county.
Renters hold 65.3% of this ZIP's 8,883 occupied households, on a median household income of $60K.
| Measure | ZIP 93405 | San Luis Obispo County | Difference |
|---|---|---|---|
| Median Household Income | $60K | $97K | -$37K |
| Below Poverty Level | 43.5% | 12.9% | +30.6% |
| Median Age | 22.60 | 40.40 | -17.80 |
| Total Population | 25,002 | 281,555 | -- |
| Avg Household Size | 2.65 | 2.43 | +0.22 |
| Owner-Occupied | 34.7% | 62.1% | -27.4% |
| Worked From Home | 15.1% | 15.2% | -0.1% |
| Mean Commute | 14.60 | 22.30 | -7.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.0% to 281,555: residents under 18 are down 0.6% and those 65 and over are up 2.7%.
County median household income is $97K, 12.9% of residents are below the poverty level, 15.2% work from home.