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- Morro Bay
- 93442 Housing Market
93442 Housing Market
Median List Price
$946,000
Updated August 2026
Today, the 93442 ZIP code in Morro Bay, CA has 26 homes for sale at a median list price of $946,000, typically selling in about 101 days.
93442 Housing Market Overview
The 93442 ZIP code currently shows a median list price of $946,000. That is about 3.2% below the Morro Bay median. There are 26 homes currently listed for sale in the 93442 ZIP code.
Two bedroom homes are the most affordable tier at a median of $824,900, while five bedroom homes top the range at $2.5M. Over the last six months, the median price has eased about 4.2%, from $960,000 in February to $919,500 in July.
93442 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 101 days to sell, and sale prices have eased 7% over the last six months and are 17% below a year ago. At the same time, selling times have improved 52% versus six months ago, and supply sits at 3.3 months, roughly in step with demand, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$946K
↓ 17% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Supply26 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~101 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 52% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in 93442 Area
Homeownership is higher than average, and most households in this area own rather than rent.
61%
Homeowners
39%
Renters
Homeownership is 5.5 points higher than the California average (55.5%)
4,989 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $179K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$825K)
Price Reductions
18 listings have reduced their price
69% of active listings
Average reduction: 7.2% (~$68K)
Browse 93442 Listings
Frequently Asked Questions about the 93442 Housing Market
What is the median home price in the 93442 ZIP code?
The median list price in the 93442 ZIP code is $946,000 as of August 2026, based on 26 active listings.
Is the 93442 ZIP code a buyer's market or a seller's market?
The 93442 ZIP code currently reads as a buyer's market. Active inventory works out to about 3.3 months of supply at the recent sales pace.
How fast do homes sell in the 93442 ZIP code?
The average home currently for sale in the 93442 ZIP code has been on the market for 101 days.
Are home prices in the 93442 ZIP code going up or down?
The median sale price in the 93442 ZIP code is down about 16.6% compared with a year ago.
How many homes are for sale in the 93442 ZIP code?
There are 26 homes for sale in the 93442 ZIP code right now, including 1 listed within the last week.