If you need assistance, please call 805-773-7711

Morro Bay Market Report

$1,616,167

AVERAGE PRICE OF 64 HOMES

$2,997,885

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$445,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$549,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$696,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,616,167
Avg Bedrooms 2.05 beds
Avg Bathrooms 1.69 baths

Average Price by Bedrooms

1 bedroom $429,750
2 bedrooms $736,600
3 bedrooms $946,520
4 bedrooms $3,435,875
5 bedrooms $2,350,000
Morro Bay Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 60 64 76 81 79
Average Price $1,574,241 $1,552,642 $1,498,086 $1,474,660 $1,588,684
Avg Price Change +1.39% +3.64% +1.59% -7.73% +0.95%
Median Price $894,026 $870,117 $925,213 $912,166 $1,073,967
Med Price Change +2.75% -6.33% +1.43% -17.74% -5.45%
Avg Bedrooms 1.99 beds 1.93 beds 2.51 beds 2.62 beds 2.66 beds
Avg Bathrooms 1.6 baths 1.6 baths 2.18 baths 2.23 baths 2.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Morro Bay 13 $1,108,108 63 days
Total Homes Average Price Avg Days on Site
All Homes 64 $1,616,167 146 days
Multi-Million Dollar Homes 26 $2,997,885 172 days
Newly Built Homes 1 $445,000 110 days
Homes with a Pool 1 $549,000 21 days
Reduced Price Homes 3 $696,333 39 days
The Keenan Carter Group
Richard Keenan And Narlene Carter Keenan
350 James Way, Ste 130
Pismo Beach, CA 93449
805-773-7711
Keller Williams Realty Central Coast DRE# 02005015
The Keenan Carter Group DRE# 00860187
Each Office is Independently Owned and Operated.

Fair Housing/Equal Opportunity
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Based on information from California Regional Multiple Listing Service, Inc. as of April 22, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided. Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS®, Inc. Copyright 2026, Santa Maria Association of REALTORS®, Inc. Copyright 2026; Santa Ynez Valley Association of REALTORS®, Inc. Copyright 2026. All rights reserved.
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