Home prices
Morgan Hill's median home cost is $855,100. It is about $45,360 (5%) higher in comparison to the surrounding areas.Compared to the entire nation it is about $637,600 (293%) higher, and is roughly $242,700 (22%) lower in comparison to the city of San Francisco.
Rents
The median monthly rent in Morgan Hill is $1,763. This is approximately $156 (8%) lower in comparison to the surrounding areas.It is about $701 (66%) higher in comparison to the entire nation, and compared to the city of San Francisco is about $132 (6%) lower.
Nearby places
San Martin
San Martin is Morgan Hill's neighbor to the southeast. Real estate prices there are somewhat more expensive. The price of the median home in San Martin is $1,007,000, which works out to $151,900 (15%) higher than Morgan Hill. Its rents are a little less expensive. San Martin's median rent is $1,482 per month, which comes out to $281 (18%) lower than Morgan Hill.
Gilroy
Gilroy is about 9 miles south of Morgan Hill. The real estate prices there are a bit less expensive. The value of the median home in Gilroy is $663,100, which is $192,000 (28%) lower than Morgan Hill. The rent there is somewhat more expensive. The median rent in Gilroy is $1,881 per month, which comes out to $118 (6%) higher than Morgan Hill.
Corralitos
Corralitos is approximately 12 miles southwest of Morgan Hill. The real estate prices there are a little more expensive. The median home price in Corralitos is $959,800, which comes out to $104,700 (10%) higher than Morgan Hill. Rents there are substantially more expensive. The median monthly rent in Corralitos is $2,679, which works out to $916 (34%) higher than Morgan Hill.
Day Valley
Day Valley is about 12 miles southwest from Morgan Hill. Real estate prices there are fairly similar. The median home in Day Valley is valued at $875,400, which works out to $20,300 (2%) higher than Morgan Hill. Rent there is pretty similar. Day Valley's median monthly rent is $1,843, which is $80 (4%) higher than Morgan Hill.
Interlaken
Interlaken is roughly 13 miles south from Morgan Hill. Real estate prices there are substantially less expensive. The median home in Interlaken is valued at $543,400, which is $311,700 (57%) lower than Morgan Hill. The rent there is fairly similar. In Interlaken the median monthly rent is $1,711, which works out to $52 (3%) lower than Morgan Hill.
