Morgan Hill Housing Market Report – September 2026
Here's a look at how the Morgan Hill, CA real estate market performed in September 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 45
- Median Sale Price: $1,285,990
- Average Sale Price: $2,452,682
- Average Price Per Sq Ft: $582
- Average Days on Market: 91
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to August, the median sale price in Morgan Hill moved 13.9% up (from $1,128,978 to $1,285,990). The number of homes sold was 19.6% down compared to the prior month (56 vs. 45). Average days on market shifted 30.0% up (70 days to 91 days).
Year-Over-Year Comparison
Compared to September 2025, the median sale price is 4.6% down (from $1,348,000 to $1,285,990). Sales volume is 21.1% down year-over-year.
Morgan Hill Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95037 | 45 | $1,285,990 | $582 | 91 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 24 | $1,567,500 | $629 |
| TOWNHOMES | 7 | $915,000 | $512 |
| CONDOS | 7 | $875,000 | $595 |
| CONDO | 2 | $984,500 | $475 |
| LAND | 2 | $3,975,000 | N/A |
| OTHER | 1 | $860,000 | N/A |
| MULTI_FAMILY | 1 | $45,000,000 | $350 |
| MOBILE | 1 | $365,000 | $292 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 4 |
| $750K+ | 40 |
Current Active Listings
As of this report, there are 235 active listings in Morgan Hill with a median asking price of $1,259,990 and an average of 90 days on market.
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