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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

    $976,310

    AVERAGE PRICE OF 47 HOMES

    $1,699,125

    AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

    $175,000

    AVERAGE PRICE OF 1 NEWLY BUILT HOMES

    $834,725

    AVERAGE PRICE OF 4 REDUCED PRICE HOMES

    Average Home

    Average Price $976,310
    Avg Bedrooms 1.79 beds
    Avg Bathrooms 1.51 baths

    Average Price by Bedrooms

    1 bedroom $437,400
    2 bedrooms $732,590
    3 bedrooms $1,016,207
    4 bedrooms $1,017,967
    5 bedrooms $899,000
    Morro Bay Home Price Trends
      12/2022 11/2022 10/2022 9/2022 8/2022
    Total Listings 54 n/a 57 59 59
    Average Price $1,022,093 n/a $1,112,568 $1,188,642 $1,276,117
    Avg Price Change n/a n/a -6.84% -7.36% +7.10%
    Median Price $875,760 n/a $885,965 $966,466 $1,058,750
    Med Price Change n/a n/a -9.09% -9.55% +0.85%
    Avg Bedrooms 2.01 beds n/a 1.83 beds 1.77 beds 1.79 beds
    Avg Bathrooms 1.67 baths n/a 1.53 baths 1.47 baths 1.42 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Morro Bay 3 $768,000 75 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 47 $976,310 121 days
    Multi-Million Dollar Homes 16 $1,699,125 169 days
    Newly Built Homes 1 $175,000 23 days
    Reduced Price Homes 4 $834,725 118 days