Data as of July 2026. Source: Realtor.com.
The Morro Bay, CA real estate market currently shows 44 active listings, with 13 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 60 days on market compared to 72 days last year.
The median listing price has fallen 14.3% year-over-year, from $1,150,000 to $986,000.
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%