Mill Valley Heights, Mill Valley Housing Market · 2026

Data through May 2026

Mill Valley Heights, Mill Valley Market Snapshot

Mill Valley Heights is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 5 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$2.55M
Down 5.6% from May 2025
Down $150K from May 2025
Homes Sold
5
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$15,720/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$12,881
  • Property Tax$2,656
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
23 fewer days than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
108.1%
Up from 104.0% in May 2025
Selling 8% above asking
% Sold Over Asking
80%
80% of homes sold above their asking price
Active Listings
n/a

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Mill Valley Heights.

Median Sale Price
Down 5.6% year-over-year in Mill Valley Heights. Based on 5 sales in the most recent month.
Homes Sold
Total Monthly Payment
Estimated monthly cost is up 18% from a year ago in Mill Valley Heights, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Mill Valley Heights, Mill Valley

Is now a good time to buy in Mill Valley Heights, Mill Valley?

Mill Valley Heights, Mill Valley is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Mill Valley Heights, Mill Valley home prices compare to the Bay Area average?

At $2.55M, Mill Valley Heights, Mill Valley's median sits about 37% above the Bay Area average of $1.85M. Mill Valley Heights, Mill Valley is on the higher end of the regional market.

Within Mill Valley, this area trades about 21% below the city-wide median of $3.23M.

How competitive is Mill Valley Heights, Mill Valley for buyers?

Mill Valley Heights, Mill Valley is one of the Bay Area's more competitive markets:

  • Homes sell about 8% above asking on average
  • 80% close above list price
  • 8 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Mill Valley Heights, Mill Valley home?

At $2.55M with 20% down at 6.49%, your estimated total monthly cost is approximately $15,720:

  • $12,881 principal and interest
  • $2,656 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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