Why Live in Bishops Knoll
Bishops Knoll, a suburban neighborhood in San Luis Obispo, is located about 1 mile northwest of downtown and 1 mile northeast of California Polytechnic State University. This area is popular among university students, employees, and families with young children. The neighborhood is known for its mid-20th-century ranch-style homes, many of which have been updated over the years. Residents enjoy access to highly rated schools, including Bishop’s Peak Elementary, Laguna Middle, and San Luis Obispo High. Outdoor enthusiasts can explore hiking trails at Bishop Peak and Cerro San Luis, offering panoramic views from over 1,200 feet. Santa Rosa Park, just east of Highway 1, features a playground, sports fields, a skate park, and a roller rink. For daily needs, California Fresh Market and various local eateries like Raku Ramen and Milestone Tavern are conveniently located on Foothill Boulevard. Downtown San Luis Obispo, 1 mile away, offers retail shopping and hosts events like the weekly Downtown SLO Farmers Market and summer Music in the Plaza concerts. The San Luis Obispo Museum of Art and Fremont Theatre provide cultural experiences, while the San Luis Obispo Performing Arts Center on Cal Poly’s campus hosts larger events. Residents can easily bike to campus or downtown. For longer commutes, Highway 1 is just east of the neighborhood and leads to Highway 101 about a mile south. The San Luis Obispo County Regional Airport is about 5 miles southeast, providing nonstop flights to major western hubs.
Home Trends in Bishops Knoll, CA
On average, homes in Bishops Knoll, San Luis Obispo sell after 69 days on the market compared to the national average of 69 days. The median sale price for homes in Bishops Knoll, San Luis Obispo over the last 12 months is $255,000, down 64% from the median home sale price over the previous 12 months.
Median Sale Price
$255,000
Median Single Family Sale Price
$320,385
Average Price Per Sq Ft
$187
Number of Homes for Sale
2
Last 12 months Home Sales
9
Median List Price
$286,220
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-64%