San Luis—85349
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in San Luis
Home Price Trends — San Luis
As of Oct '25, the median home price in San Luis is $254,000, with a year-over-year change of 2.9%. This indicates that home prices in San Luis are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 2.9% |
| Single Family | $254,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $255,000 | 3.7% |
4 Bed | $284,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — San Luis
As of July '25, Rentcast reports the average rent in San Luis is $1,630, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in San Luis is 3-bedrooms: $1,630. The most common rental property sizes in San Luis are 3-bedroom and 2-bedroom, accounting for 32.6% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,630 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — San Luis
As of Oct '25, Realtor.com reports that the median days on market for a home in San Luis is 264. This is a increase of 483.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | 59.0% |
Listing Count | 1 | -64.0% |
| Listings as % of Homes | 0.2% | -64.0% |
Days on Market | 264 | 483.0% |
Demographics — San Luis
As of the latest ACS Survey released in 2023, San Luis has a population of 28,800, which has decreased by -6.4% over the past 5 years. San Luis is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 7.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,800 | -6.4% |
% Under 18 | 27.2% | -15.5% |
% Seniors | 10.5% | 41.9% |
% WFH | 6.3% | 125.0% |
% w/ College Degree | 7.9% | -8.1% |
As of the latest ACS Survey released in 2023, San Luis is a predominantly hispanic area, with 91.3% of the population identifying as hispanic. The hispanic population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in San Luis is white, making up 5.3% of the population. Foreign-born residents account for 45.8% of the population in San Luis, and this percentage has decreased by 12.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.3% | 2,550.0% |
% Black | 2.0% | 1,900.0% |
% Hispanic | 91.3% | -8.2% |
% Asian | 0.1% | ∞% |
% Foreign Born | 45.8% | -12.1% |
Mortgage and Risk — San Luis
According to HUD data as of 2023, there were 383 mortgage originations in San Luis, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in San Luis. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 383 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — San Luis
San Luis lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | -$20 | $1,600 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — San Luis
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $254,000 |
| Median Household Income | $55,700 |