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MORGAN HILL, CA 95037

Real Estate Market Report  ·  Santa Clara County
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 (95037) 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%

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

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 133 this year vs 131 last year
  • Days on market: 29 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $1,349,750 (-3.6% YoY)
  • Average: $1,591,872 (-9.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.8 miles — 623 listings ($985,939,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
95037Morgan Hill, CA 950370.0 mi113$185,921,612$1,366,250$1,645,324
95139San Jose, CA 951397.9 mi6$6,517,776$947,944$1,086,296
95119San Jose, CA 951199.0 mi13$19,198,322$1,490,500$1,476,794
95120San Jose, CA 951209.4 mi39$92,084,343$2,193,944$2,361,137
95123San Jose, CA 9512311.5 mi96$100,724,064$796,500$1,049,209
95136San Jose, CA 9513613.6 mi63$76,351,716$1,174,750$1,211,932
95003Aptos, CA 9500313.9 mi68$124,951,156$1,312,250$1,837,517
95118San Jose, CA 9511814.4 mi27$38,127,510$1,596,947$1,412,130
95019Freedom, CA 9501914.8 mi1$789,500$789,500$789,500
95140Mount Hamilton, CA 9514015.1 mi5$6,796,660$989,000$1,359,332
95124San Jose, CA 9512415.9 mi59$109,443,112$1,898,749$1,854,968
95125San Jose, CA 9512516.4 mi85$169,870,630$1,589,000$1,998,478
95127San Jose, CA 9512717.8 mi48$55,162,992$1,086,000$1,149,229

Frequently Asked Questions

How many homes are for sale in MORGAN HILL, CA 95037?

As of March 2026, there are 133 active listings in MORGAN HILL, CA (zip code 95037), compared to 131 the prior year.

What is the median home price in MORGAN HILL, CA 95037?

The median listing price in MORGAN HILL, CA 95037 is $1,349,750 as of March 2026, a 3.6% decrease from $1,399,500 the prior year.

How long do homes stay on the market in MORGAN HILL, CA?

Homes in MORGAN HILL, CA 95037 spend an average of 29 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in MORGAN HILL, CA 95037?

Based on current inventory and days-on-market data as of March 2026, MORGAN HILL, CA 95037 is currently a Buyer's Market. 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.

How much can I save on real estate commission in MORGAN HILL, CA?

With SELL123.com's maximum 3% commission, sellers in MORGAN HILL, CA 95037 save an estimated $26,995 compared to a typical 5% commission on the median listing price of $1,349,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.