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Morro Bay

Why you'd want to live in Morro Bay

On your way to Morro Bay, you can’t miss Morro Rock, one of the most iconic landmarks in The Land of SLO CAL. It’s a welcome sight for seafarers and tourists alike. They know beyond this rugged exterior lies sun, sand and a seaside harbor overflowing with marine animals. Chances are good you’ll encounter dolphins, seals and otters, swimming and lounging in the bay. Hit the dockside to find the bustling Embarcadero filled with unique shops, art galleries and family-friendly activities galore. Every day here offers up a new catch. Fisherman haul in their bounty daily, supplying fresh seafood and oysters to oceanfront restaurants and seaside markets. While Morro Bay is a true working fishing town, there’s always plenty of time for play. Get out on the water with excursions, like whale-watching tours, sunset dinner cruises and fishing charters. Try your hand at activities like kayaking, sailing, kite-flying, biking, stand-up paddleboarding and world-class surfing. All this fun-seeking is bound to work up a thirst. Luckily, the town’s famous barrel-aged sour beer is just the thing to quench it. The next time you’re sailing down Highway 1, be sure to drop your anchor in Morro Bay. via slocal.com

Beach Living

Morro Bay Market Report

$1,140,019

AVERAGE PRICE OF 58 HOMES

$1,857,417

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$1,100,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$830,750

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,140,019
Avg Bedrooms 1.78 beds
Avg Bathrooms 1.48 baths

Average Price by Bedrooms

1 bedroom $373,224
2 bedrooms $742,761
3 bedrooms $1,127,754
4 bedrooms $1,215,583
5 bedrooms $1,047,000
Morro Bay Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 59 59 54 n/a n/a
Average Price $1,188,642 $1,276,117 $1,191,503 n/a n/a
Avg Price Change -7.36% +7.10% n/a n/a n/a
Median Price $966,466 $1,058,750 $1,049,800 n/a n/a
Med Price Change -9.55% +0.85% n/a n/a n/a
Avg Bedrooms 1.77 beds 1.79 beds 2.02 beds n/a n/a
Avg Bathrooms 1.47 baths 1.42 baths 1.63 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oak Grove 1 $699,000 57 days
Total Homes Average Price Avg Days on Site
All Homes 58 $1,140,019 93 days
Multi-Million Dollar Homes 24 $1,857,417 109 days
Homes with a Pool 1 $1,100,000 39 days
Reduced Price Homes 4 $830,750 58 days