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All market snapshots / 95037

Morgan Hill, CA 95037 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Morgan Hill, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 5151PendingPending sales: 33
Morgan Hill, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $1.3M$1.3MSoldMedian sold price (last 6 months): $1.32M$1.32M
What homes actually sell for in Morgan Hill, CA
Distribution of 283 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $925k to $1.82M
$545k to $899k: 50 sales$545k$899k to $1.25M: 64 sales64sales$1.25M to $1.61M: 57 sales$1.25M$1.61M to $1.96M: 36 sales$1.96M to $2.31M: 27 sales$1.96M$2.31M to $2.67M: 8 sales$2.67M to $3.02M: 7 sales$2.67M$3.02M to $3.38M: 5 salesMedian $1.32M

What the numbers say

As of October 26, 2026, Resideline is tracking 51 active listings and 3 pending sales in ZIP code 95037. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $1,299,000, while the median of the 283 closed sales Resideline tracked over the last six months was $1,320,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 95037 for 79 days.

Frequently asked questions

What is the median home price in 95037?

The median closed sale price in Morgan Hill, CA 95037 was $1,320,000 over the last six months, based on 283 closed sales tracked by Resideline. The middle half of those sales ranged from $925,000 to $1,825,000.

Is 95037 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 51 active listings in 95037, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 95037 is currently a typical-pace market.

Nearby ZIP code market data

Full Morgan Hill, CA housing market report →

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