Arroyo Grande, CA housing market
The typical Arroyo Grande home is worth about $1,034,000, up 0.9% in a year, 35% above the California typical home. Homes typically sell in 15 days, a little above asking.
Home values, sales, trends and how Arroyo Grande compares with the towns next door — updated as new data is published.
Arroyo Grande at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Arroyo Grande | California |
|---|---|---|
| 2017 | $660,000 | $453,000 |
| 2018 | $692,000 | $501,000 |
| 2019 | $710,000 | $539,000 |
| 2020 | $718,000 | $551,000 |
| 2021 | $766,000 | $607,000 |
| 2022 | $884,000 | $703,000 |
| 2023 | $935,000 | $727,000 |
| 2024 | $1,002,000 | $758,000 |
| 2025 | $1,034,000 | $782,000 |
| 2026 | $1,029,000 | $767,000 |
| August 2026 | $1,034,000 | $764,000 |
15 new homes permitted in 2025
Builders were permitted 15 new homes in Arroyo Grande in 2025, all single-family houses, worth about $9.2 million to build. That's 0.8 per 1,000 residents, slower than across California (2.7). Over the past 10 years, Arroyo Grande has permitted 320 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Arroyo Grande gained 1,189 residents while 340 new homes were permitted: about 3.5 new residents per new home. Building and growth moved roughly in step. Across California: 2.7 new residents per new home.
How Arroyo Grande ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 18 | 18 | 0 | $7.7 million |
| 2025 | 15 | 15 | 0 | $9.2 million |
| 2024 | 33 | 28 | 5 | $9.1 million |
| 2023 | 11 | 11 | 0 | $3.5 million |
| 2022 | 7 | 7 | 0 | $2.4 million |
| 2021 | 54 | 54 | 0 | $16.9 million |
| 2020 | 49 | 49 | 0 | $15.3 million |
| 2019 | 32 | 32 | 0 | $13.2 million |
| 2018 | 35 | 35 | 0 | $8.7 million |
| 2017 | 53 | 51 | 2 | $9.3 million |
| 2016 | 31 | 31 | 0 | $6.2 million |
| 2015 | 15 | 15 | 0 | $4.3 million |
| 2014 | 54 | 45 | 9 | $6.4 million |
| 2013 | 57 | 17 | 40 | $10 million |
| 2012 | 27 | 20 | 7 | $3.6 million |
| 2011 | 20 | 15 | 5 | $2.7 million |
| 2010 | 16 | 11 | 5 | $2 million |
| 2009 | 12 | 12 | 0 | $1.9 million |
| 2008 | 8 | 8 | 0 | $1.3 million |
| 2007 | 123 | 44 | 79 | $16.9 million |
| 2006 | 182 | 65 | 117 | $25 million |
| 2005 | 150 | 86 | 64 | $16.8 million |
| 2004 | 192 | 84 | 108 | $19.3 million |
| 2003 | 52 | 52 | 0 | $10.7 million |
| 2002 | 169 | 165 | 4 | $26.6 million |
| 2001 | 142 | 142 | 0 | $24 million |
| 2000 | 100 | 100 | 0 | $17.9 million |
How Arroyo Grande ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Arroyo Grande and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Arroyo Grande | $1.03M | +0.9% | $2,700 | 15 | $102,553 |
| Grover Beach | $774K | +2% | $2,480 | 31 | $86,458 |
| Oceano | $678K | +3.2% | $2,280 | — | $71,598 |
| Pismo Beach | $1.1M | +2.4% | $3,050 | 27 | $118,072 |
10.1 years of income
The typical Arroyo Grande home costs about 10.1 years of the town's median household income, more than across California (7.7 years).
How Arroyo Grande ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,700
HUD's Fair Market Rent for a two-bedroom in Arroyo Grande is $2,700 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Arroyo Grande pay a median of $2,173, so moving in tends to cost more than staying put. A two-bedroom takes about 32% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,860 · 4 bedrooms $4,150
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (93420; San Luis Obispo-Paso Robles, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.