Highlands, Millbrae Housing Market · 2026

Data through Sep 2026

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

Highlands, Millbrae Market Snapshot

Highlands 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 8 homes sold in the 3 months ending September 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 September 2026

SalesWhat are homes selling for?
Median Sale Price
$2.45M
▲ Up 37.7% from September 2025
Up $672K from September 2025
Homes Sold
8
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$16,318/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$13,581
  • Property Tax$2,554
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
▼ 2 fewer days than in September 2025
Homes sell in a week or two
Sale-to-List Ratio
109.7%
▲ Up from 100.2% in September 2025
Selling 10% above asking
% Sold Over Asking
62%
More than half of homes sold above their asking price
Active Listings
2
▼ Down 28.9% from September 2025
About 0.8 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 37.7% year-over-year in Highlands. Based on 8 sales in the last 3 months.
Homes Sold
14% more homes sold than a year ago in Highlands.
Total Monthly Payment
Estimated monthly cost is up 46% 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 7.4%. 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 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 Highlands, Millbrae home prices compare to the Bay Area average?

At $2.45M, Highlands, Millbrae's median sits about 39% above the Bay Area average of $1.77M. Highlands, Millbrae is on the higher end of the regional market.

This is close to the Millbrae city-wide median of $2.25M.

How competitive is Highlands, Millbrae for buyers?

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

  • Homes sell about 10% above asking on average
  • 62% close above list price
  • 8 days typical time to go pending
  • 15% of listings have had a price reduction

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 7.4%, your estimated total monthly cost is approximately $16,318:

  • $13,581 principal and interest
  • $2,554 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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