Morro Bay, CA Home Values & Market Trends
Real estate market trends reflect that there have been 169 transactions over the past year in Morro Bay. The median value for residential home transactions that occurred over the previous year is $951,244. The number of current listings in Morro Bay is 194, and the percentage of properties for sale in the city is 194.00%. Morro Bay, CA currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 194 properties for sale.
Morro Bay, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 93442 | $ 951,244 $ 647/sqft |
Housing Market Summary for Morro Bay, CA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $979K | $897K | -8.38% |
| Median Sold Price | $930.3K | $1M | 9.23% |
| Homes For Sale | 112 | 194 | 73.21% |
| Homes Sold | 102 | 104 | 1.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morro Bay, CA
Browse Homes in Morro Bay, CA
Morro Bay home values range from $402,318 to $2,821,546. The median estimated value of a home in Morro Bay is $951,244. The median list price of a home is 897,000, and the total count of properties in the city is 302.
- Pre-ForeclosurePre-foreclosure homes account for 0.33% of all residential properties in Morro Bay, CA with 93442 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morro Bay, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,003,518 in 93442 to the lowest home value of $1,003,518 in 93442.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morro Bay, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Morro Bay, CA. There is 1 zips within Morro Bay, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93442 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Morro Bay, CA. Auction homes and other auction properties account for 0.33% of all properties in Morro Bay, CA. There is 1 zips within Morro Bay, CA; of that zips, the median estimated home value for homes going to auction ranges from $799,000 in 93442 to the lowest value of $799,000 in 93442.
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Guide for Morro Bay, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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