Morgan Hill, CA Home Values & Market Trends
Real estate market trends reflect that there have been 584 transactions over the past year in Morgan Hill. The median value for residential home transactions that occurred over the previous year is $1,416,924. The number of current listings in Morgan Hill is 588, and the percentage of properties for sale in the city is 588.00%. Morgan Hill, CA currently has 12 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 588 properties for sale.
Morgan Hill, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 95037 | $ 1,416,924 $ 631/sqft |
Housing Market Summary for Morgan Hill, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.3M | $1.4M | 3.77% |
| Median Sold Price | $1.3M | $1.3M | -2.63% |
| Homes For Sale | 281 | 575 | 104.63% |
| Homes Sold | 413 | 323 | -21.79% |
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 $291,868 to $4,951,016. The median estimated value of a home in Morgan Hill is $1,416,924. The median list price of a home is 1,395,000, and the total count of properties in the city is 920.
- Pre-ForeclosurePre-foreclosure homes account for 0.98% of all residential properties in Morgan Hill, CA with 95037 containing 9 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 $3,271,803 in 95037 to the lowest home value of $499,999 in 95037.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morgan Hill, CA ranges from the highest value of $1,470,000 in 95037 to the lowest value of $1,470,000 in 95037. Bank owned homes and properties account for 0.11% 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 2 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 0.22% 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 $892,089 in 95037 to the lowest value of $874,443 in 95037.
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Guide for Morgan Hill, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
