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City / Town Overview

Morgan Hill, CA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Morgan Hill, CA real estate market currently shows 133 active listings, with 47 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 27 days last year.

The median listing price has fallen 3.6% year-over-year, from $1,399,500 to $1,349,750.

Whether you are buying or selling in Morgan Hill, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 51,867  ·  Density: 166.8/mi²  ·  Median household income: $153,091

Typical home value: $1,099,820  ·  Homeownership: 71.8%

Included Areas

Morgan Hill: 95037, 95038

Area Map

Market Overview

Active Listings
133
⇧ 1.5% vs 131 last year
Pending
47
35% pending ratio
Median Price
$1,349,750
⇩ 3.6% vs $1,399,500 last year
Average Price
$1,591,872
⇩ 9.1% vs $1,752,133 last year
Days on Market
29
⇧ 7.4% vs 27 days last year

Price Per Square Foot

Median $/sqft
$622
⇩ 8.5% vs $680/sqft last year
Median Home Size
2,087 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %