1 / 20
Price cut: $904,000 (7/27)
VIRTUAL TOUR
$1,495,000FOR SALE
5 beds · 3 baths · 2,370 sqft
Platinum Properties
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177 homes in 93446
Homes for Sale in 93446
Morro Bay, CA
840 Madrone, Paso Robles, CA 93446
1 / 58
Price cut: $300,000 (4/22)
VIRTUAL TOUR
$1,750,000FOR SALE
3 beds · 3 baths · 2,704 sqft
Home & Ranch Sotheby's Intl
1 / 20
Price cut: $185,600 (5/27)
VIRTUAL TOUR
$1,099,400FOR SALE
4 beds · 3 baths · 2,230 sqft
Platinum Properties
1 / 20
Price cut: $30,000 (8/20)
$349,000FOR SALE
2 beds · 2 baths · 1,085 sqft
Home & Ranch Sotheby's Intl
1 / 75
Price cut: $299,000 (5/11)
VIRTUAL TOUR
$2,200,000FOR SALE
7 beds · 7 baths · 4,882 sqft
Platinum Properties
1 / 50
NEW 1 DAY AGO
OPEN SATURDAY, 6PM - 8PM
$700,000FOR SALE
4 beds · 3 baths · 1,820 sqft
COMPASS
1 / 20
Price cut: $225,000 (7/27)
$1,150,000FOR SALE
4 beds · 3 baths · 2,876 sqft
Luxury Collective
1 / 35
Price cut: $130,000 (4/7)
$719,900FOR SALE
4 beds · 3 baths · 1,728 sqft
New America Realty
1 / 37
Price cut: $110,000 (2/11)
$615,000FOR SALE
3 beds · 3 baths · 1,736 sqft
Oaks to Ocean Real Estate
1 / 68
Price cut: $485,000 (3/19)
$1,195,000FOR SALE
2 beds · 1 baths · 1,408 sqft
RE/MAX Success
1 / 20
Price cut: $680,000 (7/11)
VIRTUAL TOUR
$4,995,000FOR SALE
4 beds · 5 baths · 5,362 sqft
Berkshire Hathaway HomeServices California Properties
1 / 41
Price cut: $76,000 (4/29)
$449,000FOR SALE
3 beds · 3 baths · 1,708 sqft
RE/MAX Parkside Real Estate
1 / 20
Price cut: $46,000 (8/25)
VIRTUAL TOUR
$999,000FOR SALE
4 beds · 3 baths · 2,143 sqft
Christie's International Real Estate Sereno
1 / 20
Price cut: $35,000 (7/30)
VIRTUAL TOUR
$770,000FOR SALE
3 beds · 3 baths · 1,881 sqft
Platinum Properties
1 / 20
Price cut: $70,100 (7/14)
$424,900FOR SALE
2 beds · 2 baths · 1,200 sqft
Country Real Estate
1 / 74
Price cut: $205,000 (6/15)
VIRTUAL TOUR
$2,995,000FOR SALE
7 beds · 6 baths · 4,590 sqft
Home & Ranch Sotheby's Intl
About 93446 Real Estate
About Morro Bay: The 93446 ZIP code is in Morro Bay, CA. Morro Bay is a seaside city in San Luis Obispo County, California, United States. Located on the Central Coast of California, the town overlooks Morro Bay, a natural embayment with an all-weather, small-craft, commercial and recreational harbor.
Today, the 93446 area has 177 homes for sale with a median listing price of $849K. The average price per square foot is $524.
93446 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 76 days to sell, and 46% of sellers have trimmed their asking price. At the same time, selling times have improved 32% versus six months ago, and sales volume is up 13% versus six months ago, 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.
Buyer leverageBalancedSeller leverage
Median Home Price
$849K
↑ 4% over the past yearChart shows the median closed sale price by month
$861K$767.9K$677.6K$587.3K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
4.3 months of supply
Balanced Supply177 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
4.3
0369+
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 ~76 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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 32% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 45% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93446 Area
Homeownership is higher than average, and most households in this area own rather than rent.
HomeownersRenters
61%
Homeowners
39%
Renters
Homeownership is 5.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
4,989 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
1 Bed$537K
2 Bed$442K
3 Bed$750K
4 Bed$1.0M
5 Bed$1.5M
Each additional bedroom adds about $253K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$549K)
Price Reductions
81
81 listings have reduced their price
46% of active listings
Average reduction: 6.8% (~$57K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Morro Bay
Frequently Asked Questions about Homes for Sale in 93446, CA
How many homes are for sale in 93446, CA?
There are currently 177 homes for sale in 93446, ranging from $229,900 to $13,000,000. 14 of them hit the market within the last week.
What is the median home price in 93446?
The median list price in 93446 is $849,000. Price per square foot averages $524. Prices are up 4.4% compared to a year ago.
How fast do homes sell in 93446?
Homes in 93446 currently average 76 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Looking for a home in 93446?
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