Morro Bay Real EstateThe median home value in Morro Bay, CA is $889,500. This is higher than the county median home value of $591,700. The national median home value is $219,700. The average price of homes sold in Morro Bay, CA is $889,500. Approximately 44.7% of Morro Bay homes are owned, compared to 33.39% rented, while 21.91% 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! Morro Bay, California has a population of 10,568. Morro Bay is less family-centric than the surrounding county with 22.23% of the households containing married families with children. The county average for households married with children is 28.68%. The median household income in Morro Bay, California is $61,690. The median household income for the surrounding county is $67,175 compared to the national median of $57,652. The median age of people living in Morro Bay is 49.4 years. Morro Bay WeatherThe average high temperature in July is 68.1 degrees, with an average low temperature in January of 44.6 degrees. The average rainfall is approximately 20.1 inches per year, with 0.1 inches of snow per year. Nearby Homes for Sale |