Foreclosure Homes in Millbrae, CA 94030

Current Market Conditions in Millbrae, CA

Millbrae's real estate market remains competitive, with a steady demand for homes due to its prime location and quality schools. As of late 2023, the market shows a trend towards moderate price increases, reflective of the broader trends in the San Francisco Peninsula area.

Inventory levels are relatively low, which has led to competitive bidding on desirable properties. Buyers are encouraged to be prepared for potential challenges in securing their preferred homes.

Rent Prices In Millbrae, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Millbrae, CA, is on a rollercoaster ride. The average rent price in Millbrae, CA, is $4,305.00. Indeed, when looking to rent in Millbrae, CA, you can expect to pay as little as $1,980.00 or as much as $6,940.00, with the average rent median estimated to be $4,440.00. The good news is that finding an affordable and desirable property to rent in Millbrae, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.