How much is a home worth in ZIP code 93424?

The typical home in 93424 is worth $1,392,461, based on the Zillow Home Value Index.

Are home values rising in 93424?

Home values in 93424 are up 0.7% over the past year, and up 5.0% a year over five years.

What is the property tax rate in 93424?

The effective property tax rate in 93424 is 0.9% — roughly $12,109 a year on a typical home.

HousingHandbookReference data

…

U.S. ZIP Code · CA93424

San Luis Obispo County · San Luis Obispo-Paso Robles, CA

Typical home value

$1,392,461^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.7%
5-year / yr: +5.0%
10-year / yr: +4.8%

Relative price

vs U.S.: +390.2%
vs metro: +45.4%
vs state: +98.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 93424 is worth $1,392,461 — 45.4% above the San Luis Obispo-Paso Robles, CA median. Over the past year, values have risen 0.7%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: —^[2]
Gross yield: —^[2]
Cap rate: —^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $12,109^[3]

#Climate risk

FEMA National Risk Index ratings for San Luis Obispo County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Low
Wildfire: Relatively High
Drought: Very High
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Very Low

#Who lives here

Population: 962^[3]
Median household income: —^[3]

#Migration

Household moves in and out of San Luis Obispo County over a year, from IRS tax-return data.

Net migration: -127^[5]
Moved in: 6,452
Moved out: 6,579

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield—

Net yield (after ~40% expenses)—

Annual rent—

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$7,041

Loan principal$1,113,968

Down payment$278,492

Total interest paid$1,420,805

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio—

Monthly cost to own$9,211

Monthly rent—

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 44th percentile^[1]
Rental yield: —^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 93424?: The typical home in 93424 is worth $1,392,461, based on the Zillow Home Value Index.
Are home values rising in 93424?: Home values in 93424 are up 0.7% over the past year, and up 5.0% a year over five years.
What is the property tax rate in 93424?: The effective property tax rate in 93424 is 0.9% — roughly $12,109 a year on a typical home.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

93430 vs 93424 →
Cayucos CDP, CA
Typical home
$1,343,454
Gross yield
—
93449 vs 93424 →
Pismo Beach, CA
Typical home
$1,117,833
Gross yield
3.2%
93401
San Luis Obispo, CA
Typical home
$1,106,136
Gross yield
3.3%
93405
San Luis Obispo, CA
Typical home
$1,095,474
Gross yield
4.4%
93420
Arroyo Grande, CA
Typical home
$1,043,167
Gross yield
3.3%
93428
Cambria CDP, CA
Typical home
$1,008,754
Gross yield
—

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#Jump to section

U.S. ZIP Code · CA93424

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