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156data points analyzed by Sailpages.com to compile this MORGAN 32 buyer’s report
MORGAN 32

MORGAN 32

Morgan Yachts🇺🇸· Design: Ted Brewer/Jack Corey
$24,199 avg$12,900 – $39,900 (12 listings)1980–1986
$1.6K – $4.3K est. annual maintenance
Offshore CruisermonoMasthead SloopFin

Specifications

Hull

LOA31.92 ft
LWL25 ft
Beam11.5 ft
Draft5.33 ft
Shoal Draft4 ft(1.22 m)
Displacement11,000 lb
Ballast3,999.6 lb
Hull speed1.34·√LWL6.7 kn

Rig & Sails

Iforetriangle height41.5 ft
Jforetriangle base13.33 ft
Pmainsail luff36 ft
Emainsail foot12 ft
FLforestay13.3 ft
Mainsail509.9 sq ft
Jib (100%)276.6 sq ft
Spinnaker470.2 sq ft

About the MORGAN 32

(Drawing is of shoal draft version.) MORGAN 321, 322, 323 seem to be similar.

Sailpages Buyer's Take

Designed by Ted Brewer and Jack Corey and built by Morgan Yachts (USA) from 1980–1986, the Morgan 32 is a robust coastal cruiser known for its solid construction. While the exact hull count is unspecified in available records, the model is recognized for its heavy displacement and comfortable motion, appealing to owners seeking a reliable, well-equipped vessel for extended cruising.

Best for:
This boat is best suited for coastal cruisers and those seeking a comfortable, stable platform for family sailing or moderate offshore passages, rather than high-performance racing or extreme bluewater expeditions.
Bluewater capability:
With a displacement of 11000.0 lb and a capsize ratio of 2.07, the Morgan 32 offers good stability and sea-keeping ability for coastal and nearshore cruising, though its fin keel and moderate ballast ratio suggest it is not optimized for extreme heavy-weather bluewater passage-making.
Comparables:
Comparable boats include the Cal 32 and O'Day 32, which share similar dimensions and coastal cruising roles, as well as the Tartan 32, which offers a similar heavy-displacement, comfortable motion profile from the same era.

Direct variant of the MORGAN 32

Near-identical models — same hull, builder and designer, re-badged or lightly changed. Specs and owner-reported issues are typically shared across the group, so a sister model's page may carry detail this one doesn't.

Performance

Comfort24.3
Capsize2.07
SA/Disp16.0
Disp/Len314
Bal/Disp36.4

Estimated Value

Medium Confidence
Based on 10 listings
Low
$12,176
Estimated Value
$15,606
High
$19,988
Boats sell for ~0% below asking price (based on 1 actual sale) · Inflation-adjusted to 2026 USD

Asking price by model year

13 listings · boat years 19791983 · median $21,000

$0$20k$40kmedian $21,00019801983 Morgan 323 · $12,900 · Maryland, US1982 Morgan 321 · $29,900 · New Jersey, US1983 Morgan 323 · $36,500 · New Jersey, US1981 Morgan 32 · $17,000 · Outside United States1981 Morgan 32 · $21,000 · Outside United States1980 Morgan 323 · $15,000 · Florida, US1983 Morgan 323 · $39,900 · North Carolina, US1979 Morgan morgan 32 · $19,000 · Florida, US1981 Morgan 321 · $20,000 · AL, US1982 32 · $24,500 · MA, US1981 Morgan 32 · $19,9501982 Morgan morgan 32 · $21,500 · MA1981 1981 Morgan 32 · $25,336Asking price (USD)Boat model year

Each dot is one listing · hover for details · dashed red line marks the median · obvious data-entry outliers (top & bottom 2.5%) excluded.

Estimated Cost of Ownership

Based on 31.92ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$1.6K – $4.3K
Hull, rigging, sails, engine service
Annual Docking
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Known Issues & Pre-Purchase Inspection

21 reported issues across 9 systems for the MORGAN 32, compiled from owner reports in sailing forums and owner-association material.

6 critical7 major8 minor
Structural4Deck3Rigging3Engine3Plumbing2Rudder2Hull2Keel1Electrical1

Unlock the full inspection report

Thinking of buying a MORGAN 32? This is an in-depth report on the faults this model is known for — so you know exactly what to check when you walk the boat. For the price of a coffee.

  • All 21 specific issues — severity, symptoms & fixes
  • Model-specific pre-purchase inspection checklist
  • Downloadable PDF to take to your surveyor — yours to keep

One-time $2.99 · secure checkout by Stripe · instant access · 30 days online, PDF yours to keep

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Which engine powers your MORGAN 32?

We haven't confirmed the engine for this model yet. If you own or know one, tell us — as owners report in, we build an accurate picture over time.

Brands sometimes mentioned for this model: Yanmar, Westerbeke, Universal, Atomic 4 — is it one of these?

Already know your engine? Search all engines → to find its exact parts.

Used sails that fit the MORGAN 32

Checking eBay for sails sized to this boat's rig…