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Morgan Hill, CA
Full City Profile · California · Santa Clara County County
3.3
/5.0
B
Good
45,152
Population
3,489/sq mi density
$159,758
Median Income
$65,671 per capita
$1,127,600
Home Value
$1,334,626 Zillow
$2,275
Median Rent
31.3% income on rent
60°F
Avg Temperature
330 sunny days/yr
113
Violent Crime/100K
1,524 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$159,758 median income, 3.4% unemployment
C+
Affordability
2.7 / 5.0
$1,127,600 home value, $2,275/mo rent
F
Safety
1.0 / 5.0
113 violent crimes/100K
A+
Education
4.5 / 5.0
44.0% bachelor's degree or higher
Housing Overview
Median Home Value
$1,127,600
300% above
US avg: $281,900
Median Rent
$2,275/mo
96% above
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
15,054
Median year built: 1988
Home Value by Source
Census Median
$1,127,600
Zillow (ZHVI)
$1,334,626
Median Sale Price
$1,430,000
Median List Price
$1,395,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.3%
Owner-Occupied
27.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$2,275/mo
· Zillow rent:
$3,592/mo
Market Indicators (Redfin)
Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
35
Price Drops
19.5%
of listings with price reduction
Price Per Sq Ft
$621
Active Inventory
41
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
72.3%
Complete Housing Data
Home Values
| Census Median Value | $1,127,600 |
| Zillow Home Value (ZHVI) | $1,334,626 |
| Median Sale Price | $1,430,000 |
| Median List Price | $1,395,000 |
| Price Per Sq Ft | $621 |
Rent
| Census Median Rent | $2,275 |
| Zillow Rent (ZORI) | $3,592 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 18 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.5% |
| Homes Sold | 35 |
| Active Inventory | 41 |
| Price Per Sq Ft | $621 |
Ownership & Stock
| Owner-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 15,054 |
| Median Year Built | 1988 |
| Rent Burden | 31.3% |