Morgan 461/462 Sailboats for Sale & Market Overview

Morgan 461/462 Drawing
Make
Morgan
Model
461/462
Builder
Morgan Yachts
Designer
Henry Scheel
Number Built
162
Production Year(s)
1979 - 1984

The Morgan 461 and 462 represent a sophisticated departure from the high-volume, charter-centric "Out Island" series that defined much of Morgan Yachts' output in the 1970s. Designed by the esteemed naval architect Henry Scheel, these models were engineered for the serious offshore cruising market, prioritizing blue-water capability, structural integrity, and traditional aesthetics. While the Out Island series was often criticized for its "shoebox" hull shape and lackluster windward performance, the 461/462 utilized a more refined hull form with a finer entry and a graceful sheer line. Produced between 1977 and the early 1980s, the 461 was the initial iteration, followed by the 462, which served as a "Series II" update with minor refinements to the deck mold and interior appointments. Both models share the same heavy-displacement hull, standing as a testament to the era when Morgan Yachts sought to compete with premium builders like Hylas or Gulfstar.

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Market Overview

$85,000
Median Asking Price (past 12 months)
32
Listings Tracked (past 12 months)
13
New Listings (90 days)
+17.65%
3-Month Price Trend

Price & Volume Trends

Monthly breakdown
Monthly listing counts and median asking price for the Morgan 461/462
MonthListingsMedian Asking Price (USD)
Mar 20251$100,000
May 20251$99,800
Jun 20252$74,900
Sep 20256$87,500
Oct 20252$74,900
Nov 20254$57,250
Jan 20264$79,950
Mar 20265$113,900
Apr 20268$67,450

Median Price by Country

Listings by Country

Price Reduction Insights

23.1% of listings have had price reductions
Average discount: 20.8% off original price
Comparable Models to Morgan 461/462
ModelLOAMedian Price (USD)ListingsRecent
Beneteau Oceanis 46146.59' $115,0005316
Morgan Yachts 461/462 $85,0003213
Morgan Out Island 4141.25' $44,250205
Beneteau 46146.59' $125,000157
Morgan 38238.33' $38,950129
Morgan Out Island 41 Classic41.25' $79,000110
Morgan 3434' $40,000111
Morgan 3231.92' $24,95083
Morgan Out Island 41641.25' $39,90073
Morgan Yachts Morgan 4444' $89,00063
Morgan Out Island 41 Ketch41.25' $29,50064
Morgan 461/462 Listings by Country
CountryMedian Price (USD)Listings (past 12 months)Recent (90d)
United States$74,900146
British Virgin Islands$87,50071
Panama$85,00052
Spain$141,36933

Frequently Asked Questions

How much does a used Morgan 461/462 cost?
The median asking price for a used Morgan 461/462 over the past 12 months is $85,000. Prices vary by condition, year, equipment, and location.
How many Morgan 461/462 sailboats are for sale?
We have tracked 32 Morgan 461/462 listings over the past 12 months, with 13 listed within the last 90 days.
Are Morgan 461/462 prices going up or down?
The median asking price for the Morgan 461/462 has increased by 17.65% over the last 3 months compared to the 12-month average.
Where is the cheapest place to buy a Morgan 461/462?
United States currently has the lowest median asking price at $74,900, while Spain is the most expensive at $141,369 — a 89% difference.
Do Morgan 461/462 listings get price reductions?
About 23% of Morgan 461/462 listings have had their price reduced, with an average discount of 20.8% off the original asking price.
What are similar sailboats to the Morgan 461/462?
Comparable models include the Beneteau Oceanis 461, Morgan Out Island 41, Beneteau 461. See the comparison table above for pricing and availability.