2025 Compare Cities Housing:
Carmel-by-the-Sea, CA vs Morro Bay, CA

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Highlights
- The median age of a home in Carmel-by-the-Sea is 32.9% older than the median age of a home in Morro Bay.
 Carmel-by-the-Sea, CAMorro Bay, CAUnited States
 Median Home Age73  Unlock42
 Median Home Cost  Unlock$906,200$338,100
 Home Appr. Last 12 months14.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock49.1%57.0%
 Home Appr. Last 10 yrs.157.7%  Unlock101.1%
 Property Tax Rate  Unlock$5.5$11.0
 Homes Owned26.7%  Unlock57.4%
 Housing Vacant  Unlock22.5%11.2%
 Homes Rented22.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Carmel-by-the-Sea, CAMorro Bay, CAUnited States
 Average Rent  Unlock$2,910$1,840
 Studio Apartment$2,990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,620$1,180
 2 Bedroom Home or Apartment$3,790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,950$1,860
 4 Bedroom Home or Apartment$5,870  Unlock$2,160
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 Vacant Housing
 Carmel-by-the-Sea, CAMorro Bay, CAUnited States
 Vacant For Rent  Unlock1.5%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock1.5%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock18.1%3.6%
 Vacant Other7.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Carmel-by-the-Sea, CAMorro Bay, CAUnited States
 Less Than $20,000  Unlock2.6%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.1%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock1.8%13.0%
 $200,000 to $299,9992.2%  Unlock20.1%
 $300,000 to $399,999  Unlock2.7%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock39.9%9.7%
 $750,000 to $999,99911.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock12.3%2.2%
 $1,500,000 to $1,999,99924.1%  Unlock0.8%
 $2,000,000 and over  Unlock2.2%1.1%
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 Housing Units By Year Built
 Carmel-by-the-Sea, CAMorro Bay, CAUnited States
 2015 and Newer0.4%  Unlock0.2%
 2010 to 2014  Unlock10.0%13.6%
 2000 to 20090.0%  Unlock13.6%
 1990 to 1999  Unlock7.6%13.6%
 1980 to 19899.1%  Unlock13.2%
 1970 to 1979  Unlock20.4%14.8%
 1960 to 19695.1%  Unlock13.6%
 1950 to 1959  Unlock19.0%10.0%
 1940 to 194915.5%  Unlock4.7%
 1939 or Earlier  Unlock3.8%12.2%
Reviews for Carmel-By-The-Sea    3 Reviews

Over 9 years ago

Climate, cost &  More

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carmel has about 60 vacation homes and a dense cottage-y downtown. basically it is a tourist trap cental business district and a bunch of vacation rental homes. the  More

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Over 17 years ago

Liberals have run me out of town. The political is so overwhelming I am looking to relocate. However, if you are an aging hippie with a great deal of money you will be  More

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Reviews for Morro Bay    2 Reviews

Over 12 years ago

Morro Bay is mostly a small,quiet,working fishing and retirement community.It is located approximately 12 miles north of San Luis Obispo,Ca.The weather here is mild most  More

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Beautiful area, right on the ocean, cool huge rock in the water. I love the small, walkable community and the farmers market is awesome. The temperature is always  More

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