About 95037
Yet another gem of a location for Bay Area homes, Morgan Hill, California is situated in the southern base of Silicon Valley, offering a serene take on a classic city experience. Morgan Hill real estate finds itself made up mainly of single-family homes, ideal for young families with impressive schools, remarkable parks and recreation department, and very little crime. A pleasant surprise for those who visit or stay, this quaint town effortlessly provides amenities and opportunities for its inhabitants that many large cities strive to deliver, including the finest and most modern golf courses and a remarkable selection of health spas, vineyards, local breweries and much more. A minor commute for the rewards of this spectacular city, Morgan Hill real estate is ideal for business professionals and families alike, not to mention shopping – enthusiasts – with the proximity of the renowned
Gilroy Outlets to the city. Research homes in Morgan Hill now by adding neighboring cities of
Gilroy and
San Jose to your search, and don’t forget to
Find An Agent to get that additional edge.
REAL ESTATE MARKET STATISTICS
Location: 95037
Geography Type: Zip
Data Period: Sep 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $1,560,000 (5.5% YoY)
Average Sale Price: $1,597,153
Active Listings: 77
New Listings: 33
Pending Sales: 12
Closed Sales: 21
Median Days on Market: 23 days
Average Days on Market: 35 days
Median Price/SqFt: $618
Average Price/SqFt: $625
Sale-to-List Ratio: 99%
Months of Inventory: 3
Total Sale Volume: $33,540,214
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $895,000
Average Sale Price: $854,070
Active Listings: 27
New Listings: 10
Pending Sales: 8
Closed Sales: 14
Median Days on Market: 54 days
Average Days on Market: 58 days
Median Price/SqFt: $522
Average Price/SqFt: $553
Sale-to-List Ratio: 100%
Months of Inventory: 2.7
Total Sale Volume: $11,956,990
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MARKET INTERPRETATION
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• BALANCED MARKET: 3-6 months of inventory suggests equilibrium between buyers and sellers.
Nov 2024 – Sep 2026
Single-family homes in 95037 have a median sale price of $1,560,000, down 5.5% over the past 3 months. There are 77 active listings, and 21 homes sold last month, with a median of 23 days on market. Condos and townhomes average $895,000, with 27 currently available. The price per square foot is $618 for single-family homes versus $522 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes