Morgan Hill Market Report
$1,530,086
AVERAGE PRICE OF 113 HOMES$1,883,923
AVERAGE PRICE OF 78 MULTI-MILLION DOLLAR HOMES$1,189,164
AVERAGE PRICE OF 7 NEWLY BUILT HOMES$1,785,845
AVERAGE PRICE OF 45 HOMES WITH A POOL$1,143,364
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $1,530,086 |
| Avg Bedrooms | 3.5 beds |
| Avg Bathrooms | 2.4 baths |
Average Price by Bedrooms
| 1 bedroom | $520,000 |
| 2 bedrooms | $853,344 |
| 3 bedrooms | $1,096,604 |
| 4 bedrooms | $1,907,259 |
| 5 bedrooms | $1,772,454 |
Morgan Hill Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 107 | 107 | 111 | 101 | 85 |
| Average Price | $1,591,224 | $1,660,142 | $1,624,047 | $1,555,484 | $1,450,943 |
| Avg Price Change | -4.33% | +2.22% | +4.41% | +7.21% | +2.60% |
| Median Price | $1,301,760 | $1,370,363 | $1,395,906 | $1,366,610 | $1,324,877 |
| Med Price Change | -5.27% | -1.86% | +2.14% | +3.15% | -0.45% |
| Avg Bedrooms | 3.63 beds | 3.67 beds | 3.66 beds | 3.55 beds | 3.5 beds |
| Avg Bathrooms | 2.53 baths | 2.61 baths | 2.55 baths | 2.51 baths | 2.44 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Ann Sobrato High | 20 | $1,847,345 | 71 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 113 | $1,530,086 | 53 days |
| Multi-Million Dollar Homes | 78 | $1,883,923 | 53 days |
| Newly Built Homes | 7 | $1,189,164 | 63 days |
| Homes with a Pool | 45 | $1,785,845 | 60 days |
| Reduced Price Homes | 6 | $1,143,364 | 46 days |
