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Morgan Hill, CA 95037 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Morgan Hill, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 4747PendingPending sales: 55
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): $1.25M$1.25MSoldMedian sold price (last 6 months): $1.3M$1.3M
What homes actually sell for in Morgan Hill, CA
Distribution of 315 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $940k to $1.84M
$505k to $864k: 50 sales$505k$864k to $1.22M: 77 sales77sales$1.22M to $1.58M: 60 sales$1.22M$1.58M to $1.94M: 41 sales$1.94M to $2.3M: 24 sales$1.94M$2.3M to $2.66M: 15 sales$2.66M to $3.02M: 7 sales$2.66M$3.02M to $3.38M: 10 salesMedian $1.3M

What the numbers say

As of September 14, 2026, Resideline is tracking 47 active listings and 5 pending sales in ZIP code 95037. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,250,000, while the median of the 315 closed sales Resideline tracked over the last six months was $1,300,000. 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 65 days.

Frequently asked questions

What is the median home price in 95037?

The median closed sale price in Morgan Hill, CA 95037 was $1,300,000 over the last six months, based on 315 closed sales tracked by Resideline. The middle half of those sales ranged from $939,900 to $1,838,000.

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

Resideline is currently tracking 5 pending sales against 47 active listings in 95037, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 95037 currently looks like a balanced market.

Nearby ZIP code market data

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