House Prices

House Prices & Home Values Morro Bay, CA 2026


Average Data

average house price$810,827
average size per house1529 ft²
average price per ft²531 $ / ft²

05/31/2026 - The value range (VR) for house prices in Morro Bay, CA is $544/ sqft to $544/ sqft. An average home with 1529 sqft costs approximately $831,776 to $831,776. Morro Bay, CA includes 1 ZIP codes and it is located in San Luis Obispo county. The lowest prices are found in ZIP 93442, while the highest are in ZIP 93442. The average price per sqare feet is $531. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Morro Bay

93442525 $ / ft²




Historical development of home values in Morro Bay

Year Estimated value (USD) Change vs. 2025
2010 $376,563 -53.6%
2011 $362,001 -55.4%
2012 $361,026 -55.5%
2013 $374,521 -53.8%
2014 $393,143 -51.5%
2015 $413,321 -49.0%
2016 $434,891 -46.4%
2017 $458,364 -43.5%
2018 $483,705 -40.3%
2019 $506,133 -37.6%
2020 $532,298 -34.4%
2021 $605,431 -25.3%
2022 $705,797 -13.0%
2023 $744,296 -8.2%
2024 $787,354 -2.9%
2025 $810,827 0.0%

Graph: estimated home values in Morro Bay over time (USD)



Example: 100% financing house in Morro Bay

Loan amount: $810,827

Interest rate: 6.00%

Fixed monthly payment: $4,861.32

Breakdown in the 1st month:
Interest portion: $4,054.14  –  Principal portion: $807.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $48,378.76 $9,957.05 $800,869.95
2 $47,764.63 $10,571.18 $790,298.77
3 $47,112.62 $11,223.19 $779,075.58
4 $46,420.40 $11,915.41 $767,160.17
5 $45,685.49 $12,650.32 $754,509.85
6 $44,905.24 $13,430.57 $741,079.28
7 $44,076.87 $14,258.94 $726,820.34
8 $43,197.41 $15,138.40 $711,681.95
9 $42,263.71 $16,072.10 $695,609.85
10 $41,272.42 $17,063.39 $678,546.45
11 $40,219.99 $18,115.83 $660,430.63
12 $39,102.64 $19,233.17 $641,197.46
13 $37,916.38 $20,419.43 $620,778.03
14 $36,656.96 $21,678.86 $599,099.17
15 $35,319.85 $23,015.96 $576,083.21
16 $33,900.28 $24,435.53 $551,647.68
17 $32,393.15 $25,942.66 $525,705.02
18 $30,793.06 $27,542.75 $498,162.27
19 $29,094.28 $29,241.53 $468,920.74
20 $27,290.73 $31,045.08 $437,875.66
21 $25,375.94 $32,959.87 $404,915.79
22 $23,343.04 $34,992.77 $369,923.02
23 $21,184.77 $37,151.04 $332,771.98
24 $18,893.37 $39,442.44 $293,329.54
25 $16,460.65 $41,875.16 $251,454.38
26 $13,877.88 $44,457.93 $206,996.45
27 $11,135.81 $47,200.00 $159,796.45
28 $8,224.62 $50,111.19 $109,685.26
29 $5,133.87 $53,201.94 $56,483.32
30 $1,852.49 $56,483.32 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Morro Bay, CA


1500 sqft3900 sqft
Ø selling price$963,766$2,050,192
Ø fast selling$876,151$1,845,172
Ø high price sale$1,051,380$2,255,211

In 2026, houses in Morro Bay, CA will be offered at an average price of $531 per square foot. A 1,500 sqft home priced at $963,766 is 22.20% more expensive per square foot than a 3,900 sqft home priced at $2,050,192. Home prices in Morro Bay, CA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $1,419,363. Sellers who can wait longer may achieve a higher price of up to $1,734,778.


Morro Bay, CA Travel Guide

Discover the coastal charm of Morro Bay, CA, a laid-back gateway to California?s Central Coast with scenic beaches, a working harbor, and abundant wildlife.

This seaside town of Morro Bay, California offers visitors year-round beauty, family-friendly fun, and easy access to top attractions along Highway 1.

Iconic Sights and Outdoor Adventures

The crown jewel is Morro Rock, a dramatic volcanic plug anchoring the bay and serving as a backdrop for sunrise photography and evening strolls.

Outdoor enthusiasts enjoy kayaking the protected estuary, paddleboarding with playful sea otters, and seasonal whale watching from the harbor or nearby lookouts.

Hike coastal trails in Morro Bay State Park, explore tide pools, or surf gentle breaks that make the area ideal for beginners.

Food, Culture, and Coastal Charm

Fresh-off-the-boat seafood shines at waterfront restaurants in Morro Bay, where fish tacos, Dungeness crab, and local oysters pair with ocean views.

Browse art galleries and boutiques along the Embarcadero, then cap the day with a harbor cruise or sunset viewpoints that showcase the town?s small-town vibe.

From weekend festivals to family-friendly attractions, you?ll find plenty of things to do in Morro Bay across all seasons.

Planning Your Visit

Choose from cozy inns and hotels in Morro Bay, many within walking distance of the waterfront, and plan day trips to nearby San Luis Obispo, Cayucos, and Cambria.

For a sustainable visit, use the waterfront bike path, respect nesting areas for shorebirds, and book guided tours with local outfitters to support conservation.



FAQ – Home Values in Morro Bay

What is the median home value in Morro Bay in 2026?

In 2026, the typical home value in Morro Bay is about $810,827 for an average home size of 1529 square feet. This corresponds to an average price of roughly $531 per square foot.

What is the average cost per square foot in Morro Bay?

In 2026, homes in Morro Bay sell for an average of around $531 per square foot, with a typical range between $544 and $544 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Morro Bay is about 1529 square feet, with an estimated 2026 value around $810,827.



Locations close to Morro Bay, CA

Nipomo, CA390 $ / ft²
Oceano, CA330 $ / ft²
Paso Robles, CA280 $ / ft²
Los Olivos, CA680 $ / ft²
Los Alamos, CA431 $ / ft²
Lompoc, CA264 $ / ft²
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