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Morgan Hill, CA Real Estate & Property Data

Morgan Hill Real Estate Market Trends

Last Updated: April 27, 2024

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Morgan Hill, CA. ATTOM offers up to date Morgan Hill real estate data that is refreshed daily. Current market trends reveal that in the past year, 516 residential properties have been sold in Morgan Hill, CA, with a median home price of $1,440,000. The average square footage of these properties is 2,358 sq ft, and the effective property tax rate is 0.68%. Additionally, there have been 3 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Morgan Hill, CA, providing you with the real estate information you need.

Morgan Hill Real Estate Market Trends

Get property data for any address in Morgan Hill, CA or the country:

Total Residential Properties 14,631

Total Commercial Properties 482

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,358

Total 2024 Residential Sales (year-to-date) 59

% of Homes Seriously Underwater (Q2 2024) 0.49%

Total 2023 Residential Sales 476

% of Equity Rich Homes (Q2 2024) 56.64%

Effective 2023 Property Tax 0.68%

Total Foreclosure Filings (year-to-date) 6

Morgan Hill, CA Real Estate Overview

In the last year, 516 residential properties were sold in Morgan Hill, CA, with a median home value of $1,316,250. Morgan Hill, CA has a total of 14,631 residential properties, including properties across 1 zip codes and 941 streets.

Median Sales Price i

$1,440,000

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 $1,440,000
January '24 Jan '24 $1,364,000
December '23 Dec '23 $1,342,000
November '23 Nov '23 $1,330,000
October '23 Oct '23 $1,430,000
September '23 Sep '23 $1,302,000
August '23 Aug '23 $1,310,000
July '23 Jul '23 $1,485,000
June '23 Jun '23 $1,238,000
May '23 May '23 $1,240,000
April '23 Apr '23 $1,492,750
March '23 Mar '23 $1,220,000

Median Down Payment i

$381,875

(Feb 2024)

+14%

year-over-year

y-o-y

February '24 Feb '24 $381,875
January '24 Jan '24 $350,087
December '23 Dec '23 $450,350
November '23 Nov '23 $327,250
October '23 Oct '23 $600,000
September '23 Sep '23 $330,550
August '23 Aug '23 $405,000
July '23 Jul '23 $351,250
June '23 Jun '23 $381,350
May '23 May '23 $320,000
April '23 Apr '23 $333,000
March '23 Mar '23 $317,400

Number of Homes Sold i

26

(Feb 2024)

+4%

year-over-year

y-o-y

February '24 Feb '24 26
January '24 Jan '24 33
December '23 Dec '23 36
November '23 Nov '23 35
October '23 Oct '23 52
September '23 Sep '23 47
August '23 Aug '23 36
July '23 Jul '23 40
June '23 Jun '23 46
May '23 May '23 60
April '23 Apr '23 35
March '23 Mar '23 45

Number of Purchase Loans i

23

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 30
December '23 Dec '23 36
November '23 Nov '23 35
October '23 Oct '23 43
September '23 Sep '23 34
August '23 Aug '23 33
July '23 Jul '23 40
June '23 Jun '23 45
May '23 May '23 52
April '23 Apr '23 31
March '23 Mar '23 39

Number of REFI Loans i

20

(Feb 2024)

+233.3%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 20
December '23 Dec '23 11
November '23 Nov '23 17
October '23 Oct '23 11
September '23 Sep '23 15
August '23 Aug '23 17
July '23 Jul '23 12
June '23 Jun '23 23
May '23 May '23 18
April '23 Apr '23 13
March '23 Mar '23 22

Number of HELOC Loans i

12

(Feb 2024)

-14.3%

year-over-year

y-o-y

February '24 Feb '24 12
January '24 Jan '24 15
December '23 Dec '23 13
November '23 Nov '23 8
October '23 Oct '23 13
September '23 Sep '23 8
August '23 Aug '23 17
July '23 Jul '23 22
June '23 Jun '23 13
May '23 May '23 22
April '23 Apr '23 24
March '23 Mar '23 22

Morgan Hill, CA Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

95037
$1,316,250 $558.14/sqft

Morgan Hill, CA Foreclosure Activity

There were a total of 3 Morgan Hill, CA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 4
November '23 Nov '23 6
October '23 Oct '23 5
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 6
May '23 May '23 2
April '23 Apr '23 5
March '23 Mar '23 6

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 1
April '23 Apr '23 5
March '23 Mar '23 5

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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