Morgan Hill housing prices have seen a decrease of -14.3% over the last thirty days compared to the previous six months. The average house price over the last month is $938,957. Below you’ll find numerous charts and graphs breaking down real estate market trends in Morgan Hill.

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Recent TrendsPrevious 30 DaysPrevious 180 Days% ChangeOver 6 MonthsYear Over Year
Average Sales Price$938,957$1,096,215-14.3%-15.7%
Average List Price$970,421$1,100,750-11.8%-11.5%
Sales Price vs List Price96%99%-3.0%-5.0%
Avg Days on Market553557.1%77.4%
Avg Homes Sold Per Month728-74.7%-80.6%


Want to view real estate prices in a specific Morgan Hill neighborhood? Click the + sign and choose your neighborhood.

Below you’ll see a comparison between the square footage and price per square foot for each Morgan Hill house price over the last 180 days. Hover over a point to see more information about each home that sold.

Properties in Morgan Hill can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Morgan Hill home prices.

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 Low EndAverage EndHigh End
Avg Sq Ft Range632 - 1596 sq ft1597 - 2669 sq ft2670 - 5788 sq ft
Avg Sold Price$750,000$1,110,000$1,785,000
Avg Price Per Sq Ft$673$524$422

Data is from the previous 90 days and pulled directly from the MLS.

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The median sales price for homes in Morgan Hill over the last 30 days is

$884,000 

Median List Price

$900K 

Average Days on Market

55 

Median Sq Ft

2,126 

Average Price per Sq Ft

$445 


Data is pulled directly from the MLS and is comparing the last 30 days to the previous 12 months average.

Median List Price vs Median Sold Price in Morgan Hill over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Morgan Hill

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Housing Prices in Morgan Hill

# of Homes Sold

60 

Median Sold Price for 2BR

$637K 

Median Sold Price for 3BR

$790K 

Median Sold Price for 4+BR

$1.0M 

# of Condos/Townhomes Sold

18 

Median Sold Price of Condos/Townhomes

$657K 

Dollar amounts are calculated based upon median values of all sold listings over the last 90 days and updated daily.

Sold Price vs Days on Market for Morgan Hill Over the Previous 12 Months

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Morgan Hill house prices have seen a median sales price of $961,500 over the last 90 days - a -5.4% decrease in comparison to the previous twelve months. In the same 90 days, 78 properties have closed escrow in the area, 60 of which were single family residences, and the remaining 18 of which were condos or townhomes. The single family residences in Morgan Hill had an average list price of $1,061,732 and were on the market for 39 days on average, with a sold to list price ratio of 98% in the past 90 days. In terms of size, the median square footage for single family residences was 2247, with the average price per square foot sitting at $454. The median sold price for a three bedroom home in the area was $790,000, compared with $1,020,000 for a four bedroom. Over the last 180 days, housing prices in Morgan Hill had a median sold to list price ratio for single family residences of 99%, which is 1% more compared to the past 90 days. This shows a slightly downward trend in the Morgan Hill real estate market.

According to the MLS, there are currently 61 single family residences for sale in Morgan Hill in addition to 14 condos and townhomes, all of which are averaging 51 days on the market. Of the single family residences, the average list price is sitting at $1,296,891 – 22% more than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $772,493 means that prices are sitting at 15% more compared to the past 90 days.

Morgan Hill has approximately 14,916 households, with the average home built around around 1983. Of all of the households found in Morgan Hill today, roughly 62% are married and 42% have children, with an average income of $130,774 and about 25% of residents possessing a bachelor’s degree.

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