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Morro Bay

Morro Bay

$1,200,270 Average Value
$734 Average Price per Sq Ft
31 Homes For Sale

On California's Central Coast, a famously beautiful landscape that inspires art

About 15 miles from San Luis Obispo on California’s Central Coast, Morro Bay is a seaside fishing village named for its own estuary and famous for its stunning coastal landscape. The huge Morro Rock, part of a volcanic chain of peaks and hills known as the "Nine Sisters," rises from the Pacific Ocean beside a sandy beach and the sleepy downtown harbor. “People come from all over the world to vacation here because there are drop-dead gorgeous views everywhere you look,” says Morro Bay resident Kathleen Scruton, a Realtor with REeBroker Group. “It’s one of those places where artists come to paint, and photographers come to capture the sunset." There are plenty of opportunities for water recreation on both the bay and the open ocean, from sailing to surfing, fishing and birdwatching.

Roughly 11,000 residents live in Morro Bay either full- or part-time, a mix of retirees, families with children, and young professionals, all drawn by the laid-back local lifestyle. “There are a lot of remote workers who choose to live here,” Scruton says. “A lot of residents are employed in the service and hospitality industry here, and some are traveling to San Luis Obispo, which is like a 20-minute drive.” Despite regular tourists, Morro Bay manages to maintain it’s small-town feel. “It’s a really tight-knit community,” Scruton says. “People look out for each other.”

Visitors are drawn to Morro Bay for the large volcanic rock known as Morro Rock.
Visitors are drawn to Morro Bay for the large volcanic rock known as Morro Rock.
Morro Bay is a dreamy beach town that draws visitors from all over.
Morro Bay is a dreamy beach town that draws visitors from all over.
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Beaches, hiking trails, and wildlife viewing opportunities in Morro Bay

Morro Rock Beach and the adjacent Morro Strand State Beach span 6 continuous miles of ocean. These white sandy beaches are ideal for swimming, surfing and scouting for gray and humpback whales, which can occasionally be seen from the shore.

The 2,700-acre Morro Bay State Park is set right on the bay, with wetlands and brackish marshes that attract about 250 migratory bird species. The park's marina is a convenient spot to launch kayaks, canoes and paddleboards, and parkgoers can access trails that lead to the summits of Black Hill and Cerro Cabrillo — both part of the volcanic Nine Sisters chain. The state park also includes a public 18-hole golf course, and the Morro Bay Museum of Natural History here has exhibits about the bay’s wildlife and ecosystems.

Morro Rock Beach is a popular white sand beach in Morro Bay.
Morro Rock Beach is a popular white sand beach in Morro Bay.
Many fisherman use the harbor in Morro Bay to dock their boats.
Many fisherman use the harbor in Morro Bay to dock their boats.
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A diverse housing scene for both full and part time residents

As of early 2025, Morro Bay's median home price is about $955,000. While this is more than double the national average, it’s lower than other nearby coastal communities like Cayucos and Avila Beach, where medians float above $1.3 million.

Mid-20th-century beach bungalows and coastal cottages are concentrated near the Embarcadero, while newer custom homes can be found further inland. “A lot of the homes are tiered on little rolling hills, so a huge portion of homes on the hills have views of the water and Morro Rock,” Scruton says. Homes set on the oceanfront and higher in elevation can go for upwards of $2.5 million. Condominiums and manufactured homes are less expensive options.

“There are quite a few year-round residents, but every street has at least one second-home owner," Scruton says. "A lot of people from the Central Valley, Los Angeles and San Francisco own second homes here to get out of the heat. We’ve got a pretty mild climate, so it doesn’t get too hot or too cold. For the most part, nobody here really has air conditioning in their home because they don’t need it.”

Oceanside homes line the bluffs in Morro Bay.
Oceanside homes line the bluffs in Morro Bay.
Morro Bay has many quiet residential streets.
Morro Bay has many quiet residential streets.
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Boutique shopping and fresh seafood along the Embarcadero

Spanning Morro Bay’s harbor, the Embarcadero is the city’s waterfront shopping and dining district. This walkable stretch is lined with boutiques and seafood restaurants serving fresh fish and oysters supplied daily by local fishermen. “You can go down to the seafood markets on the docks and buy some fish to take home and cook,” Scruton says. “It doesn’t get much fresher than that.” The harbor’s also a popular spot to scout for sea lions and harbor seals, which are often seen splashing in the bay or lounging right on the docks.

While most of Morro Bay’s shopping and dining scene is focused on locally owned establishments —both along the Embarcadero and throughout the city— residents can find chain grocery shopping and a couple fast food restaurants further inland.

Many restaurants are oceanfront in Morro Bay.
Many restaurants are oceanfront in Morro Bay.
Giovanni's Fhish Market and Gallery is an iconic spot in Morro Bay.
Giovanni's Fhish Market and Gallery is an iconic spot in Morro Bay.
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Learning in the top-rated school district in San Luis Obispo County

Morro Bay is zoned for San Luis Coastal Unified School District, which Niche gives an A rating and names as the best district in San Luis Obispo County. The district serves about 7,500 students and enables high schoolers to enroll in a variety of career and technical education courses, as well as earn dual enrollment credits through Cuesta College.

Morro Bay High School
Morro Bay High School
Del Mar Elementary School.
Del Mar Elementary School.
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Low rates of property and violent crime in Morro Bay

Morro Bay's property and violent crime rates are below the national average, and have fallen in recent years. According to the most recent information provided by the California Department of Justice, 2023 saw 32 reported incidents of violent crime, down from 55 incidents in 2022. There were 102 reported incidents of property crime in 2023, down from 150 the previous year and the lowest annual rate in 10 years.

Access to public transportation and the iconic Pacific Coast Highway

Morro Bay is located right on California’s scenic Highway 1, which connects drivers to hubs along the coast. San Luis Obispo Regional Transit Authority buses serve local residents. Morro Bay has several medical offices, and two hospitals—Adventist Health Sierra Vista Medical Center and Dignity Health French Hospital Medical Center—are about 15 miles away in San Luis Obispo. The small San Luis Obispo County Airport (SBP) is about 18 miles away, with direct flights to several U.S. cities, as well as Los Angeles International Airport (LAX) and San Francisco International Airport (SFO); both airports are within a 4-hour drive of Morro Bay.

Lauren Schott
Written By
Lauren Schott
Joseph Palacios
Photography Contributed By
Joseph Palacios
Anne Sheridan
Video By
Anne Sheridan

Interested in learning more about homes in this area? Reach out to Isabel Gerardo, an experienced agent in this area.

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Morro Bay Housing Trends

Housing Trends

Median List Price
$990,000
Median Sale Price
$938,250
Median Single Family Sale Price
$1,000,000
Median 2 Bedroom Sale Price
$699,900
Median Change From 1st List Price
3%
Last 12 months Home Sales
112
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$734

Area Facts

Number of Homes
3,918
Number of Homes for Sale
31
Median Year Built
1973
Months of Supply
3.30
Average Single Family Home Size Sq Ft
1,536
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
1,861
Average 2 Bedroom Size Sq Ft
1,211
Average 1 Bedroom Size Sq Ft
766
Average Studio Size Sq Ft
325
Median Lot Size Sq Ft
4,791

Open Houses

  • Sunday, Nov 2
    Open Sun 12PM - 2PM

    590 Downing St, Morro Bay, CA 93442

    $995,000

    • 3 Beds
    • 2.5 Baths
    • 1,890 Sq Ft
    • 590 Downing St
    • New 4 days ago

    Coastal Living with Ocean & Morro Rock Views! Welcome to 590 Downing Street, a thoughtfully designed 3-bedroom, 2.5-bathroom home offering 1,890 sq. ft. of coastal living on a 4,000 sq. ft. lot in scenic Morro Bay. Built from the ground up by the original owner, this home was designed to maximize both functionality and breathtaking views. Step inside to an open floor plan filled with tons of

    Teri McKay Real Brokerage Technologies

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  • Sunday, Nov 2
    Open Sun 11AM - 1PM

    3020 Ironwood Ave, Morro Bay, CA 93442

    $2,049,000

    • 4 Beds
    • 3.5 Baths
    • 3,020 Sq Ft
    • 3020 Ironwood Ave

    Once in a lifetime opportunity awaits!! Welcome home to your Morro Bay coastal retreat! This impressive two-story home seamlessly blends modern features with elevated designs, where you can relax to savor the coastal sunsets and enjoy the charming Del Mar neighborhood. Nestled next to the Estero Bay Community Garden and Del Mark Park, outdoor recreation surrounds you yet the home feels private

    Catherine Stone Central Coast Real Estate

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Morro Bay

Property Mix - Square Feet

Morro Bay Has More Owners

Demographics

Total Population
11,948
Median Age
54
Population under 18
15.7%
Below the national average
23.8%
Population over 65
34.7%
Above the national average
19.1%

Finances

Median Household Income
$83,786
Above the national average
$71,702
Average Household Income
$108,483

Education and Workforce

High School Graduates
93.2%
College Graduates
45%
Above the national average
34.1%
Advanced Degrees
20.3%
% Population in Labor Force
56%
Below the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
42°F
Average Summer High Temperature
66°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

14 / 100

Car-Dependent

Walk Score®®

8 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Morro Bay
Isabel Gerardo
PB & Associates
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