ZIP 94037, Montara Housing Market · 2026

Data through Jul 2026 · Part of the Montara housing market

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

ZIP 94037, Montara Market Snapshot

ZIP 94037 leans toward buyers, though competition has been picking up recently. Here's where things stand:

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
$1.46M
Up 10.8% from July 2025
Up $142K 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
~$9,278/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,569
  • Property Tax$1,526
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
27 days
10 more days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
100.8%
Up from 99.5% in July 2025
Selling at or near asking price
% Sold Over Asking
20%
Only 20% sold above asking. Few bidding wars right now
Active Listings
4
Up 7.1% from July 2025
About 2.6 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94037, Montara.

Median Sale Price
Up 10.8% year-over-year in 94037, Montara. Based on 5 sales in the last 3 months.
Homes Sold
17% fewer homes sold than a year ago in 94037, Montara.
Total Monthly Payment
Estimated monthly cost is up 10% from a year ago in 94037, Montara, 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 94037

Is now a good time to buy in ZIP 94037?

ZIP 94037 leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do ZIP 94037 home prices compare to the Bay Area average?

At $1.46M, ZIP 94037's median sits about 19% below the Bay Area average of $1.80M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that ZIP 94037 is one of the more accessible corners of the Bay Area.

How competitive is ZIP 94037 for buyers?

ZIP 94037 currently leans toward buyers:

  • Homes sell about 0.8% above asking on average
  • 20% close above list price
  • 27 days typical time to go pending
  • 44% 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 ZIP 94037 home?

At $1.46M with 20% down at 6.71%, your estimated total monthly cost is approximately $9,278:

  • $7,569 principal and interest
  • $1,526 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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?