Morro Bay Housing Market
$960,000
-3.5% 1-yr
The average Morro Bay home value is $960,000, down 3.5% over the past year.
| Current Month (February 2026) | Last Month (January 2026) | Last Year (February 2025) | |
|---|---|---|---|
| Median Home Price | $960,000 -3.5% 1-yr | $943,750 | $995,000 |
| Median Price per Sqare Foot | $705.1 6.5% 1-yr | $695.5 | $662.3 |
| For Sale Inventory | 34 36% 1-yr | 36 | 25 |
| Sold Homes | 16 166.7% 1-yr | 6 | 6 |
| Median Days to Close | 85 -11.5% 1-yr | 72 | 96 |
| % Sold Above List Price | 25% -24.2% 1-yr | 17% | 33% |
| % Sold Below List Price | 50% -25.4% 1-yr | 50% | 67% |
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Morro Bay Takeaways
Typical Home Values: $960,000
1-year Value Change: -3.5%
(Data through March 2, 2026)
Morro Bay Key Market Overview
$960,000 For Median Home Price (March 2, 2026)
$705.1 For Median Price per Sqare Foot (March 2, 2026)
34 For For Sale Inventory (March 2, 2026)
16 For Sold Homes (March 2, 2026)
85 For Median Days to Close (March 2, 2026)
25% For % Sold Above List Price (March 2, 2026)
50% For % Sold Below List Price (March 2, 2026)
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