Highlands, Millbrae Housing Market · 2026

Data through Mar 2026

Highlands, Millbrae Market Snapshot

Highlands is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:

Based on 9 homes sold in March 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 March 2026

SalesWhat are homes selling for?
Median Sale Price
$2.45M
Up 9.4% from March 2025
Up $210K from March 2025
Homes Sold
9
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$15,163/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$12,427
  • Property Tax$2,552
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
1 fewer day than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
105.5%
Down from 110.9% in March 2025
Selling 6% above asking
% Sold Over Asking
67%
67% of homes sold above their asking price
Active Listings
2
Up 100.0% from March 2025
About 0.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Highlands.

Median Sale Price
Up 9.4% year-over-year in Highlands. Based on 9 sales in the most recent month.
Homes Sold
13% more homes sold than a year ago in Highlands.
Total Monthly Payment
Estimated monthly cost is up 7% from a year ago in Highlands, 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 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Highlands, Millbrae

Is now a good time to buy in Highlands, Millbrae?

Highlands, Millbrae is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.

How do Highlands, Millbrae home prices compare to the Bay Area average?

At $2.45M, Highlands, Millbrae's median sits about 31% above the Bay Area average of $1.88M. Highlands, Millbrae is on the higher end of the regional market.

Within Millbrae, this area trades about 12% above the city-wide median of $2.18M.

How competitive is Highlands, Millbrae for buyers?

Highlands, Millbrae is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 67% close above list price
  • 10 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 Highlands, Millbrae home?

At $2.45M with 20% down at 6.53%, your estimated total monthly cost is approximately $15,163:

  • $12,427 principal and interest
  • $2,552 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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