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City / Town Overview

Morro Bay, CA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Morro Bay, CA real estate market currently shows 46 active listings, with 14 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 88 days last year.

The median listing price has fallen 31.1% year-over-year, from $1,349,000 to $929,500.

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Market Context

Market Context

Population: 11,399  ·  Density: 98.8/mi²  ·  Median household income: $88,309

Typical home value: $796,118  ·  Homeownership: 58.1%

Included Areas

Morro Bay: 93442, 93443

Area Map

Market Overview

Active Listings
46
⇩ 2.1% vs 47 last year
Pending
14
30% pending ratio
Median Price
$929,500
⇩ 31.1% vs $1,349,000 last year
Average Price
$1,700,859
⇩ 5.9% vs $1,807,928 last year
Days on Market
60
⇩ 31.8% vs 88 days last year

Price Per Square Foot

Median $/sqft
$654
⇩ 1.5% vs $664/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %