Market Overview
Home Prices in Nipomo, CA
The median home value in Nipomo, CA is $950,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nipomo are priced132% above average. Nipomo is part of the San Luis Obispo-Paso Robles, CA metro area.
Over the past five years, Nipomo home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Nipomo Home Price Trend
City Comparison
Nipomo vs. National Median
At $950,929, homes in Nipomo cost 132% above the national median of $410,000. Buyers in Nipomo should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Nipomo?
20% Down Payment
$190,186
on $950,929
Monthly P&I
$4,959/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,298/mo
incl. taxes & insurance
Income Needed
$251,920
gross annual (30% rule)
10% Down Option
$95,093
+ PMI applies
Loan Amount (20% dn)
$760,743
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Nipomo, CA?
The median home value in Nipomo is $950,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Nipomo?
Over the past year, home values in Nipomo have increased by 3.3%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Nipomo?
To comfortably afford the median home price of $950,929 with a 20% down payment ($190,186) at today's rates (6.8%), you'd need a gross annual income of approximately $251,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Nipomo compare to the national average home price?
The national median home value is approximately $410,000. At $950,929, homes in Nipomo are 132% above the national average.
What metro area is Nipomo part of?
Nipomo is part of the San Luis Obispo-Paso Robles, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.