About Morgan Hill
Morgan Hill is conveniently located just south of Silicon Valley, and minutes away from the shopping magnet that is the
Gilroy Premium Outlets. Comprised primarily of single family housing, the area provides a small town feel in the heart of the ever growing
Santa Clara County. Morgan Hill does all this while still providing accommodations found in most big cities including state of the art golf facilities, spas, microbreweries, wineries and more. Its downtown is quaint yet vibrant, and this city is located perfectly for Bay Area professionals who don’t mind a commute, and Morgan Hill homes are some of the most affordable in the Bay Area. Also a great place to raise a family, Morgan Hill has well ranked schools, a low crime rate, and a Recreation and Community Services Division that “strives to enhance the community’s quality of life.” Enhance your Morgan Hill real estate search by using zip codes
95037 or
95038, and by using our
Find An Agent tool to help you with your search.
REAL ESTATE MARKET STATISTICS
Location: Morgan Hill
Geography Type: City
Data Period: May 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
═══════════════════════════════════════════════════════
SINGLE FAMILY HOMES
═══════════════════════════════════════════════════════
Median Sale Price: $1,500,000 (6.2% YoY)
Average Sale Price: $1,758,749
Active Listings: 73
New Listings: 47
Pending Sales: 28
Closed Sales: 37
Median Days on Market: 11 days
Average Days on Market: 23 days
Median Price/SqFt: $665
Average Price/SqFt: $705
Sale-to-List Ratio: 100%
Months of Inventory: 2.5
Total Sale Volume: $65,073,736
═══════════════════════════════════════════════════════
CONDOS & TOWNHOMES (ATTACHED HOMES)
═══════════════════════════════════════════════════════
Median Sale Price: $700,000
Average Sale Price: $671,719
Active Listings: 43
New Listings: 26
Pending Sales: 15
Closed Sales: 4
Median Days on Market: 43 days
Average Days on Market: 76 days
Median Price/SqFt: $775
Average Price/SqFt: $767
Sale-to-List Ratio: 100%
Months of Inventory: 5.5
Total Sale Volume: $2,686,877
═══════════════════════════════════════════════════════
MARKET INTERPRETATION
═══════════════════════════════════════════════════════
• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
Jul 2024 – May 2026
Single-family homes in Morgan Hill have a median sale price of $1,500,000, down 1.6% over the past 3 months. There are 73 active listings, and 37 homes sold last month, with a median of 11 days on market. Condos and townhomes average $700,000, with 43 currently available. The price per square foot is $665 for single-family homes versus $775 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes