The Morecambe Property Market Update | July 2025

Now that summer is in full swing, the Morecambe property market is buzzing once again. Sales agreed are up on this time last year, helped by a rise in motivated buyers and a welcome easing of mortgage affordability rules. Confidence is returning, and we’re seeing it translate into real activity.

There’s also a quiet but growing optimism in the town. Word on the ground is that work on Eden Project Morecambe is expected to begin this autumn. While some remain cautious, many are feeling more positive—and we’ve noticed renewed interest from property investors because of it. If we hear any confirmed updates on Eden that could impact the local market, we’ll be sure to let you know.

That said, a busy market doesn’t always mean runaway price growth. The housing market in Morecambe is broadly in balance. More people are agreeing sales and moving home, but this isn’t translating into faster price rises. Last year, the average price in Morecambe was £166,981. This year, it’s risen to £178,580—a noticeable jump compared to 12 months ago. However, since the spring, prices have remained steady.

It’s also important to remember that with a record number of homes now on the market, buyers have more choice than ever. Realistic pricing remains key.

Here are your figures for July

What is happening with property prices in Morecambe?

When we compare this year’s figures to last year’s, we can see a more nuanced picture across property types.

Detached homes have dipped slightly in value, from £301,838 in 2024 to £295,777 in 2025. Semi-detached homes, the most in-demand locally, have remained steady, rising from £191,651 to £192,212. Terraced homes are the top performers—jumping from £148,772 to £151,752, with a 13.1% increase in value per square foot. Apartments remain the most price-sensitive, with average prices slipping and per square foot values down for the second year in a row.

This reflects ongoing caution from investors and limited demand in the flat market.

Market Activity | July 2025

The number of homes available in Morecambe continues to rise, reaching 932 this July—the highest level seen in the past five years. This growing supply is giving buyers far more choice, which in turn is putting pressure on sellers to price realistically. Price reductions are also at their highest, with 133 properties being reduced last month alone. That’s up from 130 in 2024 and nearly four times the number we saw back in 2021. While 139 new properties came to market in July, only 96 sales were agreed, highlighting the importance of getting both pricing and presentation right from the outset. Daily online views have crept up slightly, from 44 last year to 51 now, showing that buyer interest is improving—but this isn’t yet translating into strong sales figures.

Most sales are happening in the £125,000–£250,000 range, with semi-detached and terraced homes remaining the most in-demand. The LA3 2 and LA4 5 postcodes are currently the most active for transactions. With more stock on the market and affordability still a concern for some, pricing remains sensitive. Sellers who are flexible and willing to listen to feedback are the ones most likely to achieve a successful sale in today’s market.

As we start to wrap up this month’s market update, it’s worth taking a moment to reflect on a few key figures.

The current average price for a home in Morecambe now stands at £178,580. While that’s higher than this time last year, it’s important to recognise that the time it’s taking to move is getting longer. On average, it’s now taking 107 days for a seller to find a buyer. Add to that an average conveyancing period of 121 days, and we’re looking at a total moving time of around 228 days. That means buyers agreeing a sale in August are unlikely to be moving until early 2026. It’s a useful reminder for both buyers and sellers to plan ahead—and to be realistic about timescales.

At JDG, we believe that good decisions come from having the right information—and that’s exactly why we share these monthly updates. Whether you’re thinking about moving, investing, or just curious about what your home might be worth, understanding the market is key. The Morecambe market is active, but it’s also price sensitive and timing matters more than ever.

If you'd like tailored advice or a free, no-obligation valuation, we’re here to help. Call our Morecambe team on 01524 843322—we’d love to chat. And if you’re not ready just yet, feel free to follow us for regular updates. We're here when you need us.

Thanks for reading

Michelle