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Median Home Price in Morro Bay, CA

The median home value in Morro Bay, CA is $964,296 as of 2026-06-30, down 0.17% from a year earlier.

Median Home Value

$964,296

Year-over-Year

-0.17%

Population

10,532

Morro Bay ranks #131 of 396 California cities tracked here by median home value, and sits 26.0% above the state's city median of $765,350. It sits in San Luis Obispo County, where the county-wide median is $911,459.

Crime in Morro Bay

Morro Bay police recorded a violent crime rate of 294 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 788 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Morro Bay

How much does a house cost in Morro Bay, CA?

The median home value in Morro Bay is $964,296. That's down 0.17% from a year earlier. That is about 26.0% above the typical county in California.

Is Morro Bay expensive compared to the surrounding area?

Homes in Morro Bay are more expensive than San Luis Obispo County as a whole, where the median is $911,459 — a difference of about 5.8%.

Is Morro Bay a safe place to live?

Morro Bay police reported 294 violent crimes per 100,000 residents, covering a population of about 10,532. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.