Highlands, Millbrae Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Highlands, Millbrae Market Snapshot

Highlands is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 7 homes sold in the 3 months ending July 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 July 2026

SalesWhat are homes selling for?
Median Sale Price
$2.20M
Up 4.7% from July 2025
Up $99K from July 2025
Homes Sold
7
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$13,839/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$11,365
  • Property Tax$2,291
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
17 days
2 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
99.8%
Down from 104.1% in July 2025
Selling at or near asking price
% Sold Over Asking
71%
71% of homes sold above their asking price
Active Listings
2
Up 7.2% from July 2025
About 0.9 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 4.7% year-over-year in Highlands. Based on 7 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in Highlands.
Total Monthly Payment
Estimated monthly cost is up 4% 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 6.71%. 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 a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.

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

At $2.20M, Highlands, Millbrae's median is close to the Bay Area average of $1.80M.

This is close to the Millbrae city-wide median of $2.21M.

How competitive is Highlands, Millbrae for buyers?

Highlands, Millbrae is a balanced market where neither side dominates:

  • Homes sell about 0.2% below asking on average
  • 71% close above list price
  • 17 days typical time to go pending
  • 25% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Highlands, Millbrae home?

At $2.20M with 20% down at 6.71%, your estimated total monthly cost is approximately $13,839:

  • $11,365 principal and interest
  • $2,291 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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