Morrill, San Jose Housing Market · 2026
Data through Sep 2026
Morrill, San Jose Market Snapshot
Morrill leans toward buyers, though competition has been picking up recently. Here's where things stand:
- 29 days on market gives buyers time to be selective and negotiate
- Selling 1% below asking. Sellers are flexible on price
- Loan payment: $7,403/mo P&I (7.32%, 20% down on a $1.35M home) · Est. total ~$8,990/mo with tax + insurance.
- 33% of listings have cut prices. Sellers are adjusting expectations
- Morrill pricing is near the San Jose city-wide median ($1.35M vs. $1.35M)
Based on 6 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
- Principal & Interest$7,403
- Property Tax$1,403
- Insurance$183
Market Trends
See how prices, monthly costs, and mortgage rates have moved in Morrill.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Frequently asked questions about Morrill, San Jose
- Is now a good time to buy in Morrill, San Jose?
Morrill, San Jose leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.
- How do Morrill, San Jose home prices compare to the Bay Area average?
At $1.35M, Morrill, San Jose's median sits about 24% below the Bay Area average of $1.77M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Morrill, San Jose is one of the more accessible corners of the Bay Area.
This is close to the San Jose city-wide median of $1.35M.
- How competitive is Morrill, San Jose for buyers?
Morrill, San Jose currently leans toward buyers:
- Homes sell about 0.6% below asking on average
- 17% close above list price
- 29 days typical time to go pending
- 33% of listings have had a price reduction
Buyer strategy: a well-structured offer near or below list price has a good chance of success.
- What will my total monthly cost be on a median-priced Morrill, San Jose home?
At $1.35M with 20% down at 7.32%, your estimated total monthly cost is approximately $8,990:
- $7,403 principal and interest
- $1,403 property tax (California 1.25% effective rate)
- $183 homeowners insurance
HOA fees are extra.
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