Welcome to our 93420 real estate data hub, tailored for investors in Nipomo, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 93420 in Nipomo, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SAN LUIS OBISPO COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Nipomo, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Nipomo property market.
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Location Overview
- Zip Code: 93420
- City: Nipomo
- State: CA
- Metro Area: San Luis Obispo-Paso Robles, CA
- County Name: SAN LUIS OBISPO COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $952,829
- Average Home Price (Single Family Homes): $976,100
- Average Monthly Rental Price (All Types): $3,400
- Price-to-Rent Ratio: 23
- Zillow Projected % appreciation from 4/2023-4/2024: 0.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,160
- Average 3 Bedroom Section 8 Rental Rates: $2,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 36.76
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.65
- Number of Units Offered in Section 8 in the County: 285
- Number of Occupied Units in Section 8 in the County: 276
- Percentage of Section 8 Units Occupied in the County: 96.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 245.74
- Total % Appreciation since 2000 (Government Data): 186.03
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.04%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.2%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.95%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.62%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 92.9%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.42%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.88%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%