Morgan Hill, CA—95037
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$1,353,000
0.5% YoY Growth
Household Income
$158,000
30.9% YoY Growth
Days on Market
33
5.0% Longer YoY
Home Price Forecast
-1.3%
Median Rent
$3,480
4.2% YoY Growth
1-Bed Rent
$2,640
26.7% YoY Growth
2-Bed Rent
$2,800
11.9% YoY Growth
3-Bed Rent
$3,650
0.0% YoY Growth
Home Price Trends — Morgan Hill, CA
As of May '26, the median home price in Morgan Hill, CA is $1,353,000, with a year-over-year change of 0.5%. This indicates that home prices in Morgan Hill, CA are flat. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,353,000 | 0.5% |
| Single Family | $1,411,000 | 0.9% |
| Condos | $786,000 | -1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |