11 homes in Millbrae
Millbrae is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California.
Today, Millbrae has 11 homes for sale at a median price of $1,998,000, typically selling in about 55 days. Families here choose from 5 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$2.03M
↑ 3.5% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
1.6 months of supply
Seller's MarketWith only 11 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~55 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 78% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Millbrae
Homeownership is higher than average—most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5% higher than the California average (55.5%)
7,998 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $634K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$1.5M)
Price Reductions
2 listings have reduced their price
18% of active listings
Average reduction: 6.3% (~$126K)
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