Land Foreclosures in Millbrae, CA 94030

Current Market Conditions in Millbrae, CA

Millbrae's real estate market remains competitive due to its desirable location near San Francisco and robust community amenities. Recent trends indicate a steady appreciation of property values, attributed to the limited supply of homes combined with the high demand from homebuyers seeking proximity to urban centers.

In recent months, buyers have shown increasing interest in Millbrae's single-family homes and condos, with many properties receiving multiple offers shortly after listing. The market is characterized by relatively low inventory, leading to increased prices and a fast-paced environment.

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.