The Morgan 383 and 384 represent the refined evolution of a design that remains one of the most respected mid-sized offshore cruisers of the fiberglass era. While the earlier "Out Island" series established Morgan Yachts as a leader in interior volume and charter friendliness, the 38-foot series—designed by the legendary Ted Brewer—targeted the serious cruiser who demanded a better balance of sailing performance and seaworthiness. The 383 was introduced in 1980 as an upgrade to the original 382, followed by the 384 in 1983, which offered the final iterations of the model before production ended around 1986. These boats are defined by their "Brewer Bite"—a distinct cutaway in the full keel that reduces wetted surface for better speed while maintaining the tracking and rudder protection of a traditional long-keel design.
Morgan 383/384 Sailboats for Sale & Market Overview
- Make
- Morgan
- Model
- 383/384
- Builder
- Morgan Yachts
- Designer
- Ted Brewer
- Number Built
- 200
- Production Year(s)
- 1982 - ??
Below are the most recent Morgan 383/384 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Apr 2025 | 2 | $39,000 |
| Aug 2025 | 2 | $25,000 |
| Sep 2025 | 3 | $39,750 |
| Oct 2025 | 2 | $33,000 |
| Nov 2025 | 2 | $62,000 |
| Dec 2025 | 2 | $59,450 |
| Jan 2026 | 5 | $39,000 |
| Mar 2026 | 3 | $33,000 |
Price Reduction Insights
14.3% of listings have had price reductions
Average discount: 27.6% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Morgan Yachts 461/462 | 46.5' | $85,000 | 32 | 13 |
| Pearson 303 | 30.29' | $17,570 | 30 | 5 |
| Elan Impression 384 | 37.89' | $103,049 | 23 | 9 |
| Morgan 383/384 | $39,000 | 19 | 6 | |
| Morgan 382 | 38.33' | $38,950 | 12 | 9 |
| Morgan 34 | 34' | $40,000 | 11 | 1 |
| Morgan Out Island 41 Classic | 41.25' | $79,000 | 11 | 0 |
| Catalina Morgan 38 | 38.42' | $81,950 | 10 | 1 |
| Morgan 32 | 31.92' | $24,950 | 8 | 3 |
| Morgan Yachts Morgan 44 | 44' | $89,000 | 6 | 3 |
| Moody 38 | 37.5' | $96,572 | 3 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $39,000 | 19 | 6 |
Frequently Asked Questions
- How much does a used Morgan 383/384 cost?
- The median asking price for a used Morgan 383/384 over the past 12 months is $39,000. Prices vary by condition, year, equipment, and location.
- How many Morgan 383/384 sailboats are for sale?
- We have tracked 19 Morgan 383/384 listings over the past 12 months, with 6 listed within the last 90 days.
- Are Morgan 383/384 prices going up or down?
- The median asking price for the Morgan 383/384 has remained stable over the last 3 months compared to the 12-month average.
- Do Morgan 383/384 listings get price reductions?
- About 14% of Morgan 383/384 listings have had their price reduced, with an average discount of 27.6% off the original asking price.
- What are similar sailboats to the Morgan 383/384?
- Comparable models include the Morgan Yachts 461/462, Pearson 303, Elan Impression 384. See the comparison table above for pricing and availability.