Morgan Hill, CA Home Values & Market Trends
Real estate market trends reflect that there have been 494 transactions over the past year in Morgan Hill. The median value for residential home transactions that occurred over the previous year is $1,317,007.53. The number of current listings in Morgan Hill is 21, and the percentage of properties for sale in the city is 21.00%. Morgan Hill, CA currently has 21 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 21 properties for sale.
Morgan Hill, CA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
95037 | $ 1,549,000 $ 669/sqft |
Housing Market Summary for Morgan Hill, CA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.6M | $1.3M | -21.35% |
Median Sold Price | $1.4M | $1.3M | -6.04% |
Homes For Sale | 20 | 17 | -15.00% |
Homes Sold | 380 | 391 | 2.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morgan Hill, CA
Browse Homes in Morgan Hill, CA
Morgan Hill home values range from $250,430 to $24,533,392. The median estimated value of a home in Morgan Hill is $1,317,007.53. The median list price of a home is 1,395,000, and the total count of properties in the city is 14,464.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in Morgan Hill, CA with 95037 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morgan Hill, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,700,000 in 95037 to the lowest home value of $863,280 in 95037.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morgan Hill, CA ranges from the highest value of $1,429,500 in 95037 to the lowest value of $1,429,500 in 95037. Bank owned homes and properties account for 0.01% of properties in Morgan Hill, CA. There is 1 zips within Morgan Hill, CA; 95037 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions95037 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Morgan Hill, CA. Auction homes and other auction properties account for 0.03% of all properties in Morgan Hill, CA. There is 1 zips within Morgan Hill, CA; of that zips, the median estimated home value for homes going to auction ranges from $1,686,250 in 95037 to the lowest value of $902,500 in 95037.
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Guide for Morgan Hill, CA
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