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Foreclosures in Millbrae, CA

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Millbrae, CA Foreclosures

How much do homes sell for in Millbrae, CA?
The average home price is currently $2,130,553.
In Millbrae, CA, how many homes are available?
There are currently 11 active home listings available in Millbrae.
What’s the average rental cost in Millbrae, CA?
The average rental price in Millbrae is $4,305.
What is the most expensive home in Millbrae?
The most expensive home sold in Millbrae had a price of $87,859,208.
What is currently the cheapest priced home in Millbrae, CA?
The cheapest home for sale in Millbrae is priced at $96,366.

Living in Millbrae, CA

Millbrae is a charming city located in San Mateo County, California, known for its convenient transportation access and strong community spirit. The city features a blend of suburban charm with easy access to urban amenities, making it ideal for families and commuters alike. With its proximity to major highways and the San Francisco International Airport, Millbrae is well-situated for those who value connectivity and a vibrant lifestyle.

Current Market Conditions in Millbrae, CA

The real estate market in Millbrae has shown resilience and steady growth over the past year. Homes have been in high demand due to the area's desirable location and quality of life. The average home prices have increased, indicating a competitive market with many buyers looking to secure property in the region.

In the last few months, the Millbrae housing market has experienced a slight shift in conditions, with more homes entering the market as sellers capitalize on rising prices. The number of active listings has increased, providing buyers with a wider selection, although competition remains strong due to the overall desirability of the area.

Home Value Estimator For Millbrae, CA

There are currently 6,561 real estate properties in Millbrae, CA, with a median automated valuation model (AVM) price of $2,062,799.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Millbrae, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Millbrae, CA, is $2,130,553.00, with the most expensive house in Millbrae, CA, topping out at $87,859,208.00 and the cheapest home in Millbrae, CA, clocking in at $96,366.00. In other words, there’s something for every potential homebuyer or savvy investor in Millbrae, CA!

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.

Millbrae, CA Foreclosures


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