Morgan Hill Housing Market Report – August 2026
Here's a look at how the Morgan Hill, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 56
- Median Sale Price: $1,128,978
- Average Sale Price: $1,351,937
- Average Price Per Sq Ft: $599
- Average Days on Market: 70
- Sale-to-List Price Ratio: 100.2%
Month-Over-Month Trends
Compared to July, the median sale price in Morgan Hill moved 11.3% down (from $1,272,500 to $1,128,978). The number of homes sold was 3.7% up compared to the prior month (54 vs. 56). Average days on market shifted 6.7% down (75 days to 70 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 8.9% down (from $1,239,500 to $1,128,978). Sales volume is 9.7% down year-over-year.
Morgan Hill Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95037 | 56 | $1,128,978 | $599 | 70 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 30 | $1,490,000 | $668 |
| CONDOS | 7 | $1,049,997 | $520 |
| TOWNHOMES | 7 | $890,000 | $521 |
| CONDO | 5 | $1,091,500 | $523 |
| OTHER | 4 | $1,634,500 | $258 |
| MOBILE | 1 | $485,000 | $353 |
| LAND | 1 | $70,000 | N/A |
| Unknown | 1 | $951,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $400K - $499K | 1 |
| $500K - $749K | 2 |
| $750K+ | 51 |
Current Active Listings
As of this report, there are 218 active listings in Morgan Hill with a median asking price of $1,297,580 and an average of 93 days on market.
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