Lomita Hills, Millbrae Housing Market · 2026

Data through May 2026

Lomita Hills, Millbrae Market Snapshot

Lomita Hills 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 6 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
$1.84M
Down 1.9% from May 2025
Down $35K from May 2025
Homes Sold
6
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,425/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,320
  • Property Tax$1,922
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
9 days
3 fewer days than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
113.4%
Down from 113.5% in May 2025
Selling 13% above asking
% Sold Over Asking
100%
100% of homes sold above their asking price
Active Listings
n/a

Market Trends

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

Median Sale Price
Down 1.9% year-over-year in Lomita Hills. Based on 6 sales in the most recent month.
Homes Sold
20% more homes sold than a year ago in Lomita Hills.
Total Monthly Payment
Estimated monthly cost is down 5% from a year ago in Lomita Hills, 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 Lomita Hills, Millbrae

Is now a good time to buy in Lomita Hills, Millbrae?

Lomita Hills, 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 Lomita Hills, Millbrae home prices compare to the Bay Area average?

At $1.84M, Lomita Hills, Millbrae's median is close to the Bay Area average of $1.85M.

This is close to the Millbrae city-wide median of $1.84M.

How competitive is Lomita Hills, Millbrae for buyers?

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

  • Homes sell about 13% above asking on average
  • 100% close above list price
  • 9 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 Lomita Hills, Millbrae home?

At $1.84M with 20% down at 6.49%, your estimated total monthly cost is approximately $11,425:

  • $9,320 principal and interest
  • $1,922 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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