$559,900
2 bd2 ba1,536 sqft
414 Santa Barbara Ave
Morro Bay, CA Housing Market
$951,546
1.3% 1-yrThe average Morro Bay, CA home value is $951,546, down 1.3% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Morro Bay Key Takeaways
Typical Home Values: $951,546
1-year Value Change: -1.3%
(Data through March 31, 2025)
Morro Bay Housing Market Overview
--1-year Market Forecast
37For sale inventory(March 31, 2025)
14New listings(March 31, 2025)
--Median sale to list ratio
--Median sale price(February 28, 2025)
$966,333Median list price(March 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Morro Bay
- NameMedian ZHVI
- Stebbins--
- Hope$1,733,758
- Foothill$2,584,733
- San Roque$2,128,673
- North State$1,218,134
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Morro Bay Rental Market Trends
$2,900Average rent in Morro Bay(March 31, 2025)
$2,005National average rent(March 31, 2025)
-4.4%Month-over-month change(March 31, 2025)
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
