ZIP 94030, Millbrae Housing Market · 2026

Data through Jul 2026 · Part of the Millbrae housing market

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

ZIP 94030, Millbrae Market Snapshot

ZIP 94030 is one of the most competitive markets in the Bay Area right now. Here's what you need to know:

Based on 43 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$2.21M
Up 5.3% from July 2025
Up $112K from July 2025
Homes Sold
43
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$13,918/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$11,431
  • Property Tax$2,304
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
14 days
· Same as July 2025
Homes sell in a week or two
Sale-to-List Ratio
105.9%
Up from 105.8% in July 2025
Selling 6% above asking
% Sold Over Asking
62%
More than half of homes sold above their asking price
Active Listings
7
Down 60.5% from July 2025
About 0.5 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94030, Millbrae.

Median Sale Price
Up 5.3% year-over-year in 94030, Millbrae. Based on 43 sales in the last 3 months.
Homes Sold
5% more homes sold than a year ago in 94030, Millbrae.
Total Monthly Payment
Estimated monthly cost is up 5% from a year ago in 94030, Millbrae, 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 ZIP 94030

Is now a good time to buy in ZIP 94030?

ZIP 94030 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 ZIP 94030 home prices compare to the Bay Area average?

At $2.21M, ZIP 94030's median is close to the Bay Area average of $1.80M.

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

By home type:

  • Single-family homes at $2.42M
  • Condos at $904K
What price range should I budget for in ZIP 94030?

Prices in ZIP 94030 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.42M
  • Condos at $904K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is ZIP 94030 for buyers?

ZIP 94030 is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 62% close above list price
  • 14 days typical time to go pending
  • 23% 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 ZIP 94030 home?

At $2.21M with 20% down at 6.71%, your estimated total monthly cost is approximately $13,918:

  • $11,431 principal and interest
  • $2,304 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

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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