About Millbrae
The city of Millbrae is located in
San Mateo County and is bordered by the cities of
San Bruno and
Burlingame. Just a short drive away from San Francisco,
San Jose and
San Mateo, Millbrae real estate is a very popular destination for Bay Area commuters. Highways 101 and 280 run along the city’s borders and the Millbrae Intermodal Station is a major Bay Area transit hub connecting to the B.A.R.T., Caltrain, and SamTrans networks. This city also lays adjacent to San Francisco International Airport. The city’s economy is linked to the airport as tourism is big business for the city and its long strips of hotels. Residents in the area enjoy a typical Mediterranean climate and commonly experience night and morning fog. Millbrae also provides great school options in the Millbrae School District, San Mateo Union High School District, the Peninsula Library System, and has a private school that provides K-8 education. Many other big city amenities are offered to residents of all ages and the city is still able to provide a tight knit small town feeling. You can
Find An Agent or search Millbrae’s zip code
94030 to find you the perfect Millbrae home.
REAL ESTATE MARKET STATISTICS
Location: Millbrae
Geography Type: City
Data Period: Feb 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $2,427,500 (2.9% YoY)
Average Sale Price: $2,447,125
Active Listings: 7
New Listings: 11
Pending Sales: 8
Closed Sales: 8
Median Days on Market: 11 days
Average Days on Market: 12 days
Median Price/SqFt: $1,406
Average Price/SqFt: $1,347
Sale-to-List Ratio: 108%
Months of Inventory: 1.1
Total Sale Volume: $19,577,000
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $772,250
Average Sale Price: $772,250
Active Listings: 8
New Listings: 6
Pending Sales: 2
Closed Sales: 2
Median Days on Market: 52 days
Average Days on Market: 52 days
Median Price/SqFt: $592
Average Price/SqFt: $591
Sale-to-List Ratio: 97%
Months of Inventory: 5.5
Total Sale Volume: $1,544,500
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MARKET INTERPRETATION
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• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• COMPETITIVE BIDDING: Homes selling at 8% over asking price on average.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
Apr 2024 – Feb 2026
Single-family homes in Millbrae have a median sale price of $2,427,500, up 4.4% over the past 3 months. There are 7 active listings, and 8 homes sold last month, with a median of 11 days on market. Condos and townhomes average $772,250, with 8 currently available. The price per square foot is $1,406 for single-family homes versus $592 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes