Omid Larijani
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Morgan Hill

Why you'd want to live in Morgan Hill

Morgan Hill is a city in Santa Clara County, California, at the southern tip of Silicon Valley, in the San Francisco Bay Area. Morgan Hill is a residential community for Silicon Valley, as well as the seat of several high-tech companies. Morgan Hill is a dining, entertainment, and recreational destination in Silicon Valley, owing to its Michelin-star chefs, luxury hospitality, wineries, nature parks, and events the city hosts, such as the Tour of California. According to Forbes, Morgan Hill is one of the most expensive places to live in the United States. Business Insider ranked Morgan Hill as the 17th most expensive housing market in the United States, owing to its concentration of high-net-worth individuals and restrictive growth policies. via https://www.morgan-hill.ca.gov/

Morgan Hill Market Report

$1,486,248

AVERAGE PRICE OF 52 HOMES

$2,251,918

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$1,667,770

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$1,617,081

AVERAGE PRICE OF 11 HOMES WITH A POOL

$2,048,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,486,248
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $360,950
2 bedrooms $670,440
3 bedrooms $820,454
4 bedrooms $2,096,200
5 bedrooms $1,836,363
Morgan Hill Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 86 n/a 115 110 111
Average Price $1,437,492 n/a $1,543,716 $1,524,598 $1,481,326
Avg Price Change n/a n/a +1.25% +2.92% +1.76%
Median Price $1,161,304 n/a $1,271,893 $1,273,300 $1,261,052
Med Price Change n/a n/a -0.11% +0.97% +0.12%
Avg Bedrooms 3.47 beds n/a 3.69 beds 3.66 beds 3.57 beds
Avg Bathrooms 2.44 baths n/a 2.64 baths 2.56 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ann Sobrato High 11 $1,372,864 35 days
Live Oak High 5 $1,078,990 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 52 $1,486,248 96 days
Multi-Million Dollar Homes 28 $2,251,918 118 days
Newly Built Homes 3 $1,667,770 256 days
Homes with a Pool 11 $1,617,081 45 days
Reduced Price Homes 2 $2,048,500 49 days