The Morgan Hill housing market is somewhat competitive. The median sale price of a home in Morgan Hill was $950K last month, up 5.6% since last year. The median sale price per square foot in Morgan Hill is $305, up 9.5% since last year.
What is the housing market like in Morgan Hill today?
In March 2024, Morgan Hill home prices were up 5.6% compared to last year, selling for a median price of $950K. On average, homes in Morgan Hill sell after 56 days on the market compared to 17 days last year. There were 15 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$950,000
+5.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Morgan Hill, CA
$950,000
+5.6%
United States
To compare other locations to the Morgan Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Temecula add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Morgan Hill housing market?
Morgan Hill is somewhat competitive. Homes sell in 51 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 51 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morgan Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morgan Hill.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morgan Hill has a moderate risk of flooding. 88 properties in Morgan Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Morgan Hill. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morgan Hill has an extreme risk of wildfire. There are 1,375 properties in Morgan Hill that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Morgan Hill.
Morgan Hill has minimal risk of severe winds over the next 30 years
Wind Factor
Morgan Hill has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.