Millbrae Meadows, Millbrae Housing Market · 2026

Data through Jul 2026

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

Millbrae Meadows, Millbrae Market Snapshot

Millbrae Meadows 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 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
$2.23M
Up 6.2% from July 2025
Up $129K from July 2025
Homes Sold
5
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$14,025/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$11,520
  • Property Tax$2,322
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
13 days
12 fewer days than in July 2025
Homes sell in a week or two
Sale-to-List Ratio
107.0%
Up from 105.6% in July 2025
Selling 7% above asking
% Sold Over Asking
60%
More than half of homes sold above their asking price
Active Listings
n/a

Market Trends

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

Median Sale Price
Up 6.2% year-over-year in Millbrae Meadows. Based on 5 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in Millbrae Meadows.
Total Monthly Payment
Estimated monthly cost is up 6% from a year ago in Millbrae Meadows, 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 Millbrae Meadows, Millbrae

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

Millbrae Meadows, 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 Millbrae Meadows, Millbrae home prices compare to the Bay Area average?

At $2.23M, Millbrae Meadows, 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 Millbrae Meadows, Millbrae for buyers?

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

  • Homes sell about 7% above asking on average
  • 60% close above list price
  • 13 days typical time to go pending
  • 33% 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 Millbrae Meadows, Millbrae home?

At $2.23M with 20% down at 6.71%, your estimated total monthly cost is approximately $14,025:

  • $11,520 principal and interest
  • $2,322 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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