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Market snapshot

Morro Bay, CA

$725,000median home price

Data as of March 31, 2026 · 7 sales this period · Source: Redfin

Year over year

-15.2%

Month over month

-24.5%

Days on market

86

Active inventory

25

By property type

How prices differ across single-family, condo, townhouse, and multi-family in Morro Bay.

TypeMedianYoYMoMDOMInventory$ / sqft
All residential$725,000-15.2%-24.5%86d25$675
Single-family homes$735,000-20.5%-23.4%123d20$754
Condos / Co-ops$521,500-17.0%-43.6%54d2$552
Townhouses$404,000--64d-$374
Multi-family (2-4 units)$1,510,000+7.9%+43.8%33d2$440

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