Compare: San Luis Obispo vs Morro Bay

San Luis Obispo, CA tends to be more expensive for home buyers than Morro Bay, CA. During the last year, San Luis Obispo home values have risen by 16.7%, while Morro Bay home values have risen by 11.7%. The median sale price in San Luis Obispo is $520,100, but the median listing price was $555,000, a 6.3% discount. Meanwhile in Morro Bay, the median selling price is $414,100, and the starting price had a median of $495,000, a 16.3% discount. In April, San Luis Obispo home sellers managed to move 41 houses, while Morro Bay saw 18 transactions.