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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 $1,510,738.
In Morgan Hill, CA, how many homes are available?
There are currently 45 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 $48,976,274.
What is currently the cheapest priced home in Morgan Hill, CA?
The cheapest home for sale in Morgan Hill is priced at $41,145.

Living in Morgan Hill, CA

Morgan Hill, CA, is a charming city in Santa Clara County known for its beautiful landscapes and vibrant downtown area. With excellent schools and numerous outdoor recreational opportunities, it offers a high quality of life. Its proximity to San Jose makes it a desirable location for commuters seeking a peaceful home environment.

Current Market Conditions in Morgan Hill, CA

The real estate market in Morgan Hill is experiencing steady growth, driven by an influx of families and professionals seeking affordable housing options compared to nearby Silicon Valley cities. Homes are in demand, leading to increased investment interest from both individual buyers and developers.

Current trends indicate a strong demand for single-family homes, with a notable rise in new constructions and renovated properties. Investors can capitalize on the market's growth potential by acquiring properties and participating in the ongoing development of this appealing suburban area.

Home Value Estimator For Morgan Hill, CA

There are currently 14,611 real estate properties in Morgan Hill, CA, with a median automated valuation model (AVM) price of $1,372,737.00. 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 $1,510,738.00, with the most expensive house in Morgan Hill, CA, topping out at $48,976,274.00 and the cheapest home in Morgan Hill, CA, clocking in at $41,145.00. 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: 45

Market Values:

Home Prices from $41,145 to $48,976,274

Average Sales Price: $1,510,738

Rental Values:

Rental from $1,850 to $5,300

Average Rent Value: $3,144 / month

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