93410, San Luis Obispo, CA

The San Luis Obispo, CA 93410 zip code has a population of about 120,000 people and an average home value of $413,000. The median home value in the 93410 zip code is $309,200. Home equity in the 93410 zip code has increased by about 20% over the past five years. In 2013, the median home equity was $269,600 and it has increased to $309,200 in 2017. This increase is likely due to strong economic conditions and low interest rates.

The San Luis Obispo area is a popular location for people who want to live close to the beach but also have access to a variety of amenities and cultural attractions. The area has a strong economy with many jobs in the service sector. There are also many jobs in technology and other industries that require good internet access. This combination means that home values have been able to increase even as interest rates have remained low.

Home equity is important because it provides homeowners with financial stability in times of difficulty or when they want to buy another house or invest in another type of property. Homeowners who have high levels of home equity can use this money to pay down debt or use it for other purposes such as buying stocks or bonds or making large investments such as purchasing a business or franchise.