Mill Valley, CA Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$1.54M

Median Sale Price

70

Days on Market

0.9

Months of Supply

-0.5%

YoY Change

Seller's Market

Market Type

Best Time to Buy How Long to Sell Compare Markets Find Local Agents

Best Time to Buy by Property Type in Mill Valley

Mill Valley is a Seller's Market

Low inventory (0.9 months) means homes sell quickly and often above asking.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $1.54M
Median List Price $2.06M
Price per Sq Ft $835
YoY Price Change -0.5%

Sales Activity

Homes Sold (Monthly) 12
New Listings 6
Pending Sales 6
Sale-to-List Ratio 97.1%

Inventory & Timing

Active Inventory 11
Months of Supply 0.9
Days on Market 70 days
Sold Above List 25%

Best Time to Buy in Mill Valley

Best Month to Buy

Jan

Typically lowest prices

Most Expensive Month

May

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Mill Valley

Current DOM

70

days

Average DOM

29

days

Fastest

8

days

Slowest

92

days

Homes are currently selling slower than usual in Mill Valley.

View detailed selling time analysis →

Mill Valley, CA Real Estate Market Analysis

The Mill Valley housing market is currently characterized as a seller's market. With a median sale price of $1.54M and homes spending an average of 70 days on the market, sellers can expect quick sales, often at or above asking price.

Mill Valley Median Home Price in 2026

The median home price in Mill Valley, CA is currently $1.54M. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Mill Valley Days on Market in 2026

Homes in Mill Valley are averaging 70 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Mill Valley a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Mill Valley guide. Sellers should also review our how long homes take to sell in Mill Valley analysis.

What to Expect When Buying in Mill Valley

With only 0.9 months of inventory, competition is fierce. Be prepared to act quickly and potentially offer above asking price to secure a home.

Should You Buy, Sell, or Wait in Mill Valley?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Mill Valley

Homes in Mill Valley are selling at 97.1% of their list price on average. Approximately 25% of homes sell above asking price. The typical time to sell is 70 days from listing to closing. Check current real estate commission rates in California to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Mill Valley page and our how long it takes to sell in Mill Valley report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Mill Valley market block by block.

Mill Valley, CA Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Mill Valley real estate market heading into 2026.

Price Forecast

Prices have dipped 0.5% year-over-year. This correction may create buying opportunities as the market finds a floor.

Inventory Outlook

At 0.9 months of supply, inventory remains tight. Expect competitive conditions to persist unless new listings increase significantly.

Selling Speed

With 70 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: Mill Valley remains a seller's market. Buyers should work with a local agent to compete effectively, while sellers can expect strong returns. Find a Mill Valley real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Mill Valley Real Estate

Is Mill Valley, CA a good place to buy a house in 2026?

Mill Valley, California has a highly competitive with strong demand real estate market in 2026. The median home price is $1.5M. Homes typically sell in 70 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Mill Valley, CA?

The median home price in Mill Valley, California is $1.5M as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Mill Valley, CA?

Houses in Mill Valley, California typically sell in 70 days on average. Well-priced homes in desirable neighborhoods often receive offers within the first week. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Mill Valley, CA?

Real estate agent commissions in Mill Valley, California typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Mill Valley, CA good for first-time home buyers?

Mill Valley, California offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. California offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

Find a Mill Valley Real Estate Agent

Connect with a local expert who knows the Mill Valley market.

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