The Morro Bay housing market is somewhat competitive. The median sale price of a home in Morro Bay was $845K last month, down 2.9% since last year. The median sale price per square foot in Morro Bay is $801, up 29.1% since last year.
What is the housing market like in Morro Bay today?
In June 2025, Morro Bay home prices were down 2.9% compared to last year, selling for a median price of $845K. On average, homes in Morro Bay sell after 38 days on the market compared to 60 days last year. There were 10 homes sold in June this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$845,000
-2.9% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Morro Bay, CA
$845,000
-2.9%
United States
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How hot is the Morro Bay housing market?
Morro Bay is somewhat competitive. Homes sell in 37 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 15 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morro Bay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morro Bay.
Flood Factor - Major
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morro Bay has a major risk of flooding. 206 properties in Morro Bay are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Morro Bay. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morro Bay has a moderate risk of wildfire. There are 5,636 properties in Morro Bay that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Morro Bay.