Foreclosure Homes in Millbrae, CA 94030

Current Market Conditions in Millbrae, CA

The real estate market in Millbrae is currently experiencing steady growth, driven by increased demand for housing in proximity to Silicon Valley and San Francisco. Property values have shown significant appreciation over the past few years, making it an attractive investment location.

Millbrae's market is characterized by relatively low inventory and competitive bidding, leading to quicker sales and rising prices. Investors are particularly drawn to the area due to its ongoing developments and the influx of buyers seeking a family-friendly environment close to urban centers.

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.