Market Overview
Home Prices in San Simeon, CA
The median home value in San Simeon, CA is $607,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.4% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in San Simeon are priced48% above average. San Simeon is part of the San Luis Obispo-Paso Robles, CA metro area.
Over the past five years, San Simeon home values have risen by approximately15.2%, reflecting steady appreciation in this market.
Price History
San Simeon Home Price Trend
City Comparison
San Simeon vs. National Median
At $607,625, homes in San Simeon cost 48% above the national median of $410,000. Buyers in San Simeon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in San Simeon?
20% Down Payment
$121,525
on $607,625
Monthly P&I
$3,169/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,025/mo
incl. taxes & insurance
Income Needed
$161,000
gross annual (30% rule)
10% Down Option
$60,763
+ PMI applies
Loan Amount (20% dn)
$486,100
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 San Simeon, CA?
The median home value in San Simeon is $607,625 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.4% year-over-year.
How much have home prices changed in San Simeon?
Over the past year, home values in San Simeon have decreased by 1.4%. Over five years, prices have risen approximately 15.2%.
How much do I need to earn to buy a home in San Simeon?
To comfortably afford the median home price of $607,625 with a 20% down payment ($121,525) at today's rates (6.8%), you'd need a gross annual income of approximately $161,000. This assumes keeping total housing costs at or below 30% of gross income.
How does San Simeon compare to the national average home price?
The national median home value is approximately $410,000. At $607,625, homes in San Simeon are 48% above the national average.
What metro area is San Simeon part of?
San Simeon is part of the San Luis Obispo-Paso Robles, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.