If you need assistance, please call 805-538-8902

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

$1,015,541

AVERAGE PRICE OF 54 HOMES

$1,575,417

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$2,095,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$749,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$542,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,015,541
Avg Bedrooms 1.61 beds
Avg Bathrooms 1.44 baths

Average Price by Bedrooms

1 bedroom $349,000
2 bedrooms $789,260
3 bedrooms $1,072,218
4 bedrooms $1,095,400
Morro Bay Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 54 56 56 52 46
Average Price $1,040,837 $1,033,558 $993,864 $936,410 $1,006,596
Avg Price Change +0.70% +3.99% +6.14% -7.50% -1.54%
Median Price $938,223 $933,970 $870,310 $785,321 $842,616
Med Price Change +0.46% +7.31% +10.82% -7.30% -3.93%
Avg Bedrooms 1.73 beds 1.76 beds 1.7 beds 1.78 beds 1.81 beds
Avg Bathrooms 1.5 baths 1.51 baths 1.46 baths 1.51 baths 1.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Morro Bay 2 $922,000 123 days
Other 1 $699,000 35 days
Total Homes Average Price Avg Days on Site
All Homes 54 $1,015,541 111 days
Multi-Million Dollar Homes 24 $1,575,417 122 days
Newly Built Homes 1 $2,095,000 39 days
Homes with a Pool 1 $749,000 36 days
Reduced Price Homes 2 $542,450 37 days