Data as of April 2026. Source: Realtor.com.
The Morro Bay, CA real estate market currently shows 35 active listings, with 15 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 53 days on market compared to 61 days last year.
The median listing price has fallen 28.9% year-over-year, from $1,381,250 to $982,000.
Whether you are buying or selling in Morro Bay, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 11,399 · Density: 98.8/mi² · Median household income: $88,309
Typical home value: $796,118 · Homeownership: 58.1%