Morgan Hill, CA Housing


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Morgan Hill, CA is an affluent city with a median house value of $1,194,000. While this is significantly higher than the US median house value of $338,100, the one year appreciation rate for housing in Morgan Hill (7.64%) is slightly lower than the national average (8.27%). Despite the comparatively lower appreciation rate in Morgan Hill, it is still a desirable location to purchase a home due to its strong real estate market and high median value.

The median home cost in Morgan Hill is $1,194,000. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Morgan Hill is up 11.9%.

Average Age of Homes
- The median age of Morgan Hill real estate is 31 years old
The Rental Market in Morgan Hill
- Renters make up 27.7% of the Morgan Hill population
- 1.2% of houses and apartments in Morgan Hill, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMorgan Hill, CaliforniaUnited States
  15,198.0139,647,020.0
  3442
  $1,194,000$338,100
  11.9%16.6%
  34.8%57.0%
  105.8%101.1%
  $8.68$10.98
  $8,076$2,690
  70.3%57.4%
  3.1%11.2%
  26.6%31.4%
  Vacant Housing
  1.2%1.9%
  0.1%0.4%
  0.2%0.7%
  0.4%0.4%
  0.0%3.6%
  1.2%4.1%
  Value of Owner-Occupied Housing
  1.0%2.6%
  0.2%2.4%
  0.5%2.8%
  0.2%3.9%
  0.6%4.5%
  1.3%11.3%
  0.7%13.0%
  1.8%20.1%
  2.2%13.6%
  2.5%8.3%
  14.8%9.7%
  33.6%3.9%
  33.5%2.2%
  5.2%0.8%
  1.9%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  13.7%13.6%
  13.7%13.6%
  15.7%13.6%
  17.7%13.2%
  27.3%14.8%
  15.7%13.6%
  3.1%10.0%
  1.1%4.7%
  1.5%12.2%
Reviews for Morgan Hill
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Utility bills for my 3 bedroom house pinch me every month and encourage me to move to San Jose area. Why are utilities in this city are so expensive like other living  More

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Over 14 years ago

After spending all of my life in the mid-west I had the hardest time getting used to living in California the lifestyle was so different. There is only one thing that I  More

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Ever wonder why many Italians immigrated to the San Jose California area? The answer is that the weather is most like what they are used to. Temperate. Slightly warm,  More

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