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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

    $1,208,141

    AVERAGE PRICE OF 70 HOMES

    $2,303,083

    AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

    $1,266,300

    AVERAGE PRICE OF 3 NEWLY BUILT HOMES

    $637,225

    AVERAGE PRICE OF 4 REDUCED PRICE HOMES

    Average Home

    Average Price $1,208,141
    Avg Bedrooms 1.63 beds
    Avg Bathrooms 1.29 baths

    Average Price by Bedrooms

    1 bedroom $279,975
    2 bedrooms $622,846
    3 bedrooms $1,165,306
    4 bedrooms $2,575,000
    Morro Bay Home Price Trends
      3/2024 2/2024 1/2024 12/2023 11/2023
    Total Listings 60 57 54 62 58
    Average Price $1,237,036 $1,199,831 $1,158,409 $1,096,637 $1,087,469
    Avg Price Change +3.10% +3.58% +5.63% +0.84% -1.60%
    Median Price $918,904 $874,237 $871,500 $960,850 $943,025
    Med Price Change +5.11% +0.31% -10.25% +1.89% -3.87%
    Avg Bedrooms 1.52 beds 1.46 beds 1.4 beds 1.81 beds 1.61 beds
    Avg Bathrooms 1.32 baths 1.24 baths 1.22 baths 1.57 baths 1.37 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Morro Bay 5 $846,480 34 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 70 $1,208,141 109 days
    Multi-Million Dollar Homes 24 $2,303,083 145 days
    Newly Built Homes 3 $1,266,300 95 days
    Reduced Price Homes 4 $637,225 196 days