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Morro Bay, CA real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Morro Bay real estate Market Report.

Information and statistics on the latest trends in the Morro Bay real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$889K
+6.3% from Q1 '26
Median list price
$981K
+0.6% from Q1 '26
Active listings
69
+9.5% from Q1 '26
Homes sold
32
-5.9% from Q1 '26
New pendings
34
-13% from Q1 '26
New listings
48
+60% from Q1 '26

Quarterly Pricing Trends for Morro Bay

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Morro Bay Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $850K Median sale price in Jul 2021 - Sep 2021: $845K Median sale price in Oct 2021 - Dec 2021: $848K Median sale price in Jan 2022 - Mar 2022: $980K Median sale price in Apr 2022 - Jun 2022: $972K Median sale price in Jul 2022 - Sep 2022: $937K Median sale price in Oct 2022 - Dec 2022: $828K Median sale price in Jan 2023 - Mar 2023: $773K Median sale price in Apr 2023 - Jun 2023: $985K Median sale price in Jul 2023 - Sep 2023: $945K Median sale price in Oct 2023 - Dec 2023: $948K Median sale price in Jan 2024 - Mar 2024: $908K Median sale price in Apr 2024 - Jun 2024: $939K Median sale price in Jul 2024 - Sep 2024: $1M Median sale price in Oct 2024 - Dec 2024: $969K Median sale price in Jan 2025 - Mar 2025: $920K Median sale price in Apr 2025 - Jun 2025: $894K Median sale price in Jul 2025 - Sep 2025: $1.1M Median sale price in Oct 2025 - Dec 2025: $950K Median sale price in Jan 2026 - Mar 2026: $837K Median list price in Apr 2021 - Jun 2021: $844K Median list price in Jul 2021 - Sep 2021: $859K Median list price in Oct 2021 - Dec 2021: $1M Median list price in Jan 2022 - Mar 2022: $875K Median list price in Apr 2022 - Jun 2022: $995K Median list price in Jul 2022 - Sep 2022: $992K Median list price in Oct 2022 - Dec 2022: $860K Median list price in Jan 2023 - Mar 2023: $875K Median list price in Apr 2023 - Jun 2023: $994K Median list price in Jul 2023 - Sep 2023: $994K Median list price in Oct 2023 - Dec 2023: $995K Median list price in Jan 2024 - Mar 2024: $899K Median list price in Apr 2024 - Jun 2024: $942K Median list price in Jul 2024 - Sep 2024: $1.1M Median list price in Oct 2024 - Dec 2024: $919K Median list price in Jan 2025 - Mar 2025: $1.1M Median list price in Apr 2025 - Jun 2025: $899K Median list price in Jul 2025 - Sep 2025: $1.2M Median list price in Oct 2025 - Dec 2025: $865K Median list price in Jan 2026 - Mar 2026: $975K Apr 2021 - Jun 2021 Median sale price $850K Median list price $844K Jul 2021 - Sep 2021 Median sale price $845K Median list price $859K Oct 2021 - Dec 2021 Median sale price $848K Median list price $1M Jan 2022 - Mar 2022 Median sale price $980K Median list price $875K Apr 2022 - Jun 2022 Median sale price $972K Median list price $995K Jul 2022 - Sep 2022 Median sale price $937K Median list price $992K Oct 2022 - Dec 2022 Median sale price $828K Median list price $860K Jan 2023 - Mar 2023 Median sale price $773K Median list price $875K Apr 2023 - Jun 2023 Median sale price $985K Median list price $994K Jul 2023 - Sep 2023 Median sale price $945K Median list price $994K Oct 2023 - Dec 2023 Median sale price $948K Median list price $995K Jan 2024 - Mar 2024 Median sale price $908K Median list price $899K Apr 2024 - Jun 2024 Median sale price $939K Median list price $942K Jul 2024 - Sep 2024 Median sale price $1M Median list price $1.1M Oct 2024 - Dec 2024 Median sale price $969K Median list price $919K Jan 2025 - Mar 2025 Median sale price $920K Median list price $1.1M Apr 2025 - Jun 2025 Median sale price $894K Median list price $899K Jul 2025 - Sep 2025 Median sale price $1.1M Median list price $1.2M Oct 2025 - Dec 2025 Median sale price $950K Median list price $865K Jan 2026 - Mar 2026 Median sale price $837K Median list price $975K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Year-over-year, Morro Bay’s rolling three-month typical home value has dipped slightly, while listing prices have inched up. Compared with a year ago, active listings are down, but homes sold have risen, indicating buyers are still closing deals even as choices tighten.

In the latest rolling three-month period ending in May 2026, the typical home value sits around the high $800,000s, with median list prices closer to the high $900,000s. Homes are taking longer to sell than a year earlier, with a median of about 54 days on market, yet the pace has improved sharply from earlier this spring.

Supply conditions show Morro Bay operating with just over three months of inventory, aligning with its classification as a seller’s market. With only a small share of homes selling above list and an average sale-to-list ratio under 100 percent, pricing appears more balanced than in past highs, and buyers and sellers can both benefit from an Agent Pronto–matched real estate professional to navigate these conditions.



Learn more about what Morro Bay has to offer.

Morro Bay offers residents a scenic coastal lifestyle with easy access to beaches, the harbor, and parks, plus a welcoming, close-knit community and convenient local amenities that support a balanced, active life.

Morro Bay is a small coastal city centered on its natural harbor, walkable streets, and easy access to daily conveniences. Residents enjoy a relaxed pace of life with practical benefits like short commutes, a compact downtown, and quick routes to nearby San Luis Obispo and Los Osos.

Life here revolves around the waterfront. The Morro Bay Embarcadero offers bay views, seafood restaurants, and kayak rentals, while Morro Rock Beach and Morro Strand State Beach provide everyday access to the sand without a long drive. Families appreciate the local parks system, including Tidelands Park, and community programs at the Morro Bay Community Center.

For education and services, the city is part of the San Luis Coastal Unified School District, with campuses like Morro Bay High School close to residential neighborhoods. Essential shopping, medical offices, and grocery options are within minutes of most homes, cutting down on daily travel. Active residents benefit from nearby trails in Morro Bay State Park and easy access to Cayucos and Cambria along Highway 1.

Real estate in Morro Bay includes hillside homes with panoramic views, low-maintenance condos, and established neighborhoods near schools and services. A knowledgeable local agent can help you navigate coastal regulations, microclimates, and neighborhood nuances, reducing stress for both buyers and sellers. Agent Pronto connects you with that local expertise so your Morro Bay move or sale feels straightforward and well supported.

Find your Morro Bay real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Everything was quick and professionally done in such a quick and efficiently done. I was beyond impressed and satisfied with his service.”

Mary Guillen · Paso Robles, CA

Photo of Michael Rowan
Century 21 Masters
“From the very first meeting with Kyle, I felt very comfortable with his profesionalism...not only in how he handled himself, but also taking into consideration his knowledge of the real estate business. Kyle was not pushy nor was he forcefully opinionated. Kyle did not "play games" as he presented the realities of the property I wanted to sell, and he gave me a very good idea of value and expectations up front...no attempts to dissuade me over to his possible personal likings or personal opinions. Kyle mostly listened, and then quickly gave me legitimate and honest feedback on each item. Kyle was easy to contact throughout the sale process, which made everything seem easier than it might have been had Kyle not ben my agent.”

Susanna Robar · Los Osos, CA

Photo of Kyle Rice
Coldwell Banker Premier Real Estate
“I cannot recommend Pam enough! She recently helped my family sell my late mother's house. Not only was she highly professional, knowledgeable, and efficient, but she also showed us so much compassion during a very emotional time. She took the stress out of the process and truly went above and beyond for us. Thank you, Pam!”

Kendra Keehne · Santa Maria, CA

Photo of Pamela Hogue
Century 21 Hometown Realty
“April Hugh was fantastic. She is extremely knowledgeable and trustworthy. We greatly appreciated her thoroughness and strong communication throughout the entire home buying process. We highly recommend trusting April with finding your future home. Thank you so much April!”

Cole Connors · Santa Maria, CA

Photo of April  Manzella-Hugh
Century 21 Hometown Realty
“Paul's knowledge and professionalism made the process of selling our house very easy. He was there when we had questions and helped us throughout the sale. We highly recommend Paul and Carrie.”

Larry and Sherry Jackson · Fresno, CA

Photo of Haworth Relocation
RE/MAX Gold
“Jack Hernandez was fantastic to work with throughout our home buying process. He was always responsive and communicative, keeping us informed at every step. His knowledge of the local market and ability to clearly explain things made the process much less stressful. He’s also very personable and genuinely empathetic, which made us feel supported the whole time. Overall, we had a great experience and would highly recommend him.”

Daniela · Nipomo, CA

Photo of Jack Hernandez
LPT Realty
“Carrie did a wonderful job no issues whatsoever during this purchase.”

Joe Bernal · Sanger, CA

Photo of Carrie & Paul Haworth
Re/Max Gold
“At our first meeting Gautam had an accurate understanding of my neighborhood and it's surroundings. After walking through the house and the yards he gave a clear assessment of our home's value and the reasons why. He also had an idea of what types of buyers would likely show interest, and how to market our home to them. He had an excellent advertising package in mind. One day after being on the market we received a full-price offer. It fell through, but in line were two more full-price offers. The second potential buyer became the buyer. There were three issues with the property that arose and he handled them all. That was especially helpful as we were already out-of-state. The house sold without further issues. Gotham was easy to work with, and his expertise gave me confidence that things would be well-handled. I recommend Gautam highly, and would recommend him to family and friends.”

BW Estes · Fresno, CA

Photo of Riser Realty Group
Universal Realty Services, Inc.
“My experience with Mr Wili was great, his support was always professional and I recommend him 100%”

Almadelia Solano · Anza, CA

Photo of Wil Martinez
Allison James Estates & Homes
“I contacted Agent Pronto and Heidi Parkins responded to my call within 5 minutes. She was nothing but helpful, caring and just all around wonderful. She knows what has to be done and does it. I'm recently widowed and Heidi was an angel sent to me. I couldn't have done any of this without her. She is the best and will always have a place in my life. She is a go getter, very professional and very ambitious and will make things happen for you. I can't say how much I appreciate and love her. She was with me every step of the process from selling to purchasing, and is still there helping me even after the purchase of my house. Heidi Parkins is top-notch in her field. I'd recommend Heidi for any of your real estate needs. Thank you, Heidi, for everything you've done to help me. You are truly the best!”

Saundra F. · Santa Maria, CA

Photo of Heidi Lynn Parkins
CHAMPION Real Estate
“Looking for an agent with integrity, market knowledge and top notch service? Joe is your guy! Joe helped us buy our Riverside property in 2011 and sell it in 2016. Both transactions brough great value to us. Thank you. Pleasure doing business with you!”

Irina Glass · Riverside, CA

Photo of Joe McDermott
McDermott Realty Group

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Morro Bay. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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