Market Intelligence · CA / Morgan Hill

Morgan Hill, CA 95037 Housing Market

The typical home value in Morgan Hill, CA 95037 is $1,316,091, up 3.3% over the past year as of September 2026. Homes are listed at a median price of $1,369,050 and spend a median of 52 days on market.

Updated September 2026Median value$1316K

The median home value in Morgan Hill, CA 95037 is $1.32M as of September 2026, up 3.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 95037 range

$1.21M to $1.42M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.3% over 12 months

Typical home value in 95037 over the last 12 months: $1.27M in Sep 2025 to $1.32M in Sep 2026 (+3.3%).

Sep 2025$1.27M

Sep 2026$1.32M

The numbers

What is the 95037 housing market like?

Typical home value

$1.32M

Up3.3%YoY

Median list price

$1.37M

Down8.7%MoM

Days on market

52

Up4.0%MoM

Homes for sale

102

Down7.3%MoM

Price cuts

22.4%

Up77.6%MoM

New listings

40

Down16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

95037 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 95037 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 95037 rose 3.3%, per the Zillow Home Value Index.

Will home prices drop in 95037?

Zillow's forecast does not call for a drop: it expects typical home values in 95037 to rise 1.4% by September 2027, after a 3.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 95037 home prices compare?

  • 95037$1,316,091
  • Morgan Hill$1,316,091
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Morgan Hill: 1 ZIP; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Morgan Hill's 95037 ZIP had 102 homes for sale, with 40 new listings hitting the market that month. The typical home value sits at $1,316,091, up 3.3% over the past year. Buyers are taking their time, with a median of 52 days on market. Sellers are adjusting too, as 22.4% of listings carried a price cut. For a seller, the market still supports solid values, but pricing right from the start matters more than it used to.

Monthly payment

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20% · $263,218

Common questions

What people ask us.

How much is a home in 95037 worth?

The typical home value in 95037 is $1,316,091 as of September 2026, up 3.3% over the past year.

How long does it take to sell a home in 95037?

Homes in 95037 spend a median of 52 days on market as of September 2026. There were 102 homes for sale that month.

Are sellers cutting prices in 95037?

As of September 2026, 22.4% of listings in 95037 had a price cut. The median list price was $1,369,050.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.