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Foreclosure Homes in Morgan Hill, CA

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Morgan Hill, CA Foreclosures

How much do homes sell for in Morgan Hill, CA?
The average home price is currently $1,482,287.
In Morgan Hill, CA, how many homes are available?
There are currently 49 active home listings available in Morgan Hill.
What’s the average rental cost in Morgan Hill, CA?
The average rental price in Morgan Hill is $3,144.
What is the most expensive home in Morgan Hill?
The most expensive home sold in Morgan Hill had a price of $47,760,854.
What is currently the cheapest priced home in Morgan Hill, CA?
The cheapest home for sale in Morgan Hill is priced at $38,986.

Living in Morgan Hill, CA

Morgan Hill, CA, is a picturesque community nestled in the Santa Clara Valley known for its beautiful parks, vineyards, and a vibrant downtown. With excellent schools and numerous outdoor activities, it's an ideal location for families and outdoor enthusiasts. The city's strong sense of community and convenient access to major commute routes make it a desirable place to call home.

Current Market Conditions in Morgan Hill, CA

The Morgan Hill real estate market has experienced steady growth in recent months, with increased demand for single-family homes. Buyers are attracted to the city's family-friendly atmosphere and abundant outdoor spaces, leading to competitive bidding on well-priced properties.

Recent listings indicate a trend toward higher prices as inventory remains limited. The area is seeing a strong interest from buyers looking for spacious homes with yards, reflecting a broader desire for more living space post-pandemic.

Home Value Estimator For Morgan Hill, CA

There are currently 14,613 real estate properties in Morgan Hill, CA, with a median automated valuation model (AVM) price of $1,345,744.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morgan Hill, 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 Morgan Hill, CA, is $1,482,287.00, with the most expensive house in Morgan Hill, CA, topping out at $47,760,854.00 and the cheapest home in Morgan Hill, CA, clocking in at $38,986.00. In other words, there’s something for every potential homebuyer or savvy investor in Morgan Hill, CA!

Rent Prices In Morgan Hill, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgan Hill, CA, is on a rollercoaster ride. The average rent price in Morgan Hill, CA, is $3,144.00. Indeed, when looking to rent in Morgan Hill, CA, you can expect to pay as little as $1,850.00 or as much as $5,300.00, with the average rent median estimated to be $3,120.00. The good news is that finding an affordable and desirable property to rent in Morgan Hill, 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.

Morgan Hill, CA Foreclosures

Market Trend for Morgan Hill, CA

Total Listings Available: 49

Market Values:

Home Prices from $38,986 to $47,760,854

Average Sales Price: $1,482,287

Rental Values:

Rental from $1,850 to $5,300

Average Rent Value: $3,144 / month

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