The median home value in Morro Bay, CA is $795,000. This is higher than the county median home value of $725,500. The national median home value is $308,980. The average price of homes sold in Morro Bay, CA is $795,000. Approximately 42% of Morro Bay homes are owned, compared to 36% rented, while 22% are vacant. Morro Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Morro Bay real estate agent to arrange a tour today! Learn more about Morro Bay Real Estate.
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