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Morro Bay, CA Housing

 
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As of 2010-2014, median price of a house in Morro Bay is $465,600, which is higher than the state average of $371,400 and is much higher than the national average of $175,700. The Morro Bay median house value has grown by 89.65% since 2000. The growth rate for the price of a house in Morro Bay is higher than the state average rate of 75.60% and is much higher than the national average rate of 46.91%. The median year that a house in Morro Bay was built is 1973, which is about the same as the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,437 Owner Occupied Houses in Morro Bay, CA, #325
Morro Bay, CA
465,600 USD
California
371,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #210
Morro Bay, CA
89.65%
California
75.60%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Morro Bay, CACaliforniaU.S.
Total Housing Units6,464, see rank, 100%13,781,929132,741,033
Occupied Housing Units5,038, 77.94%, see rank91.55%87.55%
Owner Occupied2,437, 37.70%, see rank50.13%56.34%
Renter Occupied2,601, 40.24%, see rank41.42%31.21%
Vacant Housing Units1,426, 22.06%, see rank8.45%12.45%
For Rent87, 1.35%, see rank2.00%2.34%
For Sale Only115, 1.78%, see rank0.83%1.20%
Rented or Sold, Not Occupied11, 0.17%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use1,111, 17.19%, see rank2.61%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant102, 1.58%, see rank2.21%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #815
Morro Bay, CACaliforniaU.S.
197319741976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Morro Bay, CA%CaliforniaU.S.
Owner-Occupied Units2,437100%6,908,92574,787,460
With a Mortgage1,47160.36%, see rank73.66%65.58%
Without a Mortgage96639.64%, see rank26.34%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Morro Bay, CA
2,143 USD
California
2,214 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMorro Bay, CA%CaliforniaU.S.
$299 or Less171.16%, see rank0.15%0.20%
$300 to $499130.88%, see rank0.75%1.59%
$500 to $699422.86%, see rank1.72%5.01%
$700 to $9991188.02%, see rank5.23%14.32%
$1,000 to $1,49916511.22%, see rank15.72%27.90%
$1,500 to $1,99926618.08%, see rank19.12%20.35%
$2,000 to $2,99966044.87%, see rank30.16%19.52%
$3,000 or More19012.92%, see rank27.14%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morro Bay, CA
28.30% of the Total Income
California
28.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morro Bay, CA%CaliforniaU.S.
10% or Less302.04%, see rank4.28%5.86%
10% to 20%26417.95%, see rank22.58%31.95%
20% to 30%50534.33%, see rank27.14%27.64%
30% to 40%27318.56%, see rank16.99%13.74%
40% or More38225.97%, see rank28.35%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Morro Bay, CA
521 USD
California
493 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMorro Bay, CA%CaliforniaU.S.
$199 or Less949.73%, see rank7.54%7.76%
$200 to $29915816.36%, see rank12.68%14.70%
$300 to $49919420.08%, see rank30.95%34.63%
$500 to $69930731.78%, see rank21.93%21.16%
$700 or More21322.05%, see rank26.89%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morro Bay, CA
10.50% of the Total Income
California
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Morro Bay, CA%CaliforniaU.S.
10% or Less45847.41%, see rank44.55%40.19%
10% to 20%33034.16%, see rank28.27%31.47%
20% to 30%616.31%, see rank10.90%12.24%
30% to 40%929.52%, see rank5.32%5.64%
40% or More252.59%, see rank9.62%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Morro Bay, CACaliforniaU.S.
Total Housing Units6,464, 100%13,781,929132,741,033
1-unit, Detached4,479, 69.29%, see rank58.17%61.65%
1-unit, Attached306, 4.73%, see rank6.97%5.82%
2 Units274, 4.24%, see rank2.54%3.75%
3 or 4 Units274, 4.24%, see rank5.54%4.43%
5 to 9 Units459, 7.10%, see rank6.12%4.78%
10 or More Units159, 2.46%, see rank16.79%13.08%
Mobile Home, Boat, RV, Van, etc.513, 7.94%, see rank3.88%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Morro Bay, CACaliforniaU.S.
Total Housing Units6,464, 100%13,781,929132,741,033
1 Room156, 2.41%, see rank3.13%1.95%
2 Rooms389, 6.02%, see rank3.93%2.48%
3 Rooms804, 12.44%, see rank12.05%9.13%
4 Rooms1,881, 29.10%, see rank19.24%16.60%
5 Rooms1,366, 21.13%, see rank20.56%20.41%
6 Rooms1,125, 17.40%, see rank16.99%18.06%
7 Rooms431, 6.67%, see rank11.06%12.27%
8 Rooms177, 2.74%, see rank6.58%8.48%
9 Rooms or More135, 2.09%, see rank6.46%10.60%
Median Rooms4.50, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Morro Bay, CACaliforniaU.S.
Total Housing Units6,464, 100%13,781,929132,741,033
No Bedroom177, 2.74%, see rank3.56%2.17%
1 Bedroom1,072, 16.58%, see rank14.11%11.16%
2 Bedrooms2,483, 38.41%, see rank28.01%26.69%
3 Bedrooms2,243, 34.70%, see rank33.46%39.70%
4 Bedrooms456, 7.05%, see rank16.55%16.05%
5 or More Bedrooms33, 0.51%, see rank4.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Morro Bay, CACaliforniaU.S.
Total Housing Units5,038, 100%12,617,280116,211,092
Utility Gas4,190, 83.17%, see rank65.57%48.85%
Bottled, Tank, or LP Gas93, 1.85%, see rank3.16%4.86%
Electricity695, 13.80%, see rank25.76%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.27%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank1.73%2.12%
Solar Energy0, 0.00%, see rank0.14%0.05%
Other Fuel0, 0.00%, see rank0.35%0.47%
No Fuel Used60, 1.19%, see rank3.02%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMorro Bay, CACaliforniaU.S.
Occupied Units Paying Rent2,432, 100%5,526,56039,201,928
$199 or Less19, 0.78%, see rank0.65%1.50%
$200 to $29954, 2.22%, see rank2.00%3.18%
$300 to $49972, 2.96%, see rank3.28%7.37%
$500 to $699151, 6.21%, see rank6.23%16.01%
$700 to $999438, 18.01%, see rank19.65%29.17%
$1,000 to $1,4991,253, 51.52%, see rank34.37%26.88%
$1,500 to $1,999361, 14.84%, see rank19.29%9.79%
$2,000 or More84, 3.45%, see rank14.52%6.10%
Median$1,272, see rank$1,243$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Morro Bay, CACaliforniaU.S.
Occupied Housing Units5,038, 100%12,617,280116,211,092
No Vehicles Available241, 4.78%, see rank7.81%9.12%
1 Vehicles Available2,127, 42.22%, see rank32.17%33.80%
2 Vehicles Available1,953, 38.77%, see rank37.49%37.48%
3 or More Vehicles Available717, 14.23%, see rank22.54%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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