Mill Valley, CA Housing Market
Median List Price
$3,449,000
Updated August 2026
Today, Mill Valley has 2 homes for sale at a median list price of $3,449,000, typically selling in about 41 days.
Mill Valley Market Analysis
Mill Valley, CA currently shows a median list price of $3.4M. There are 2 homes currently listed for sale in Mill Valley, CA. No new listings came on the market here in the last 30 days.
The for sale mix here consists of single family homes. Over the last four months, the median price has risen about 15.7%, from $1.4M in September 2025 to $1.6M in June 2026. On a per square foot basis, the median runs $1,022. Median time from listing to accepted offer is about 44 days.
Mill Valley Rental Market
Mill Valley, CA currently shows a median asking rent of $1,500. There are 1 homes currently listed for rent in Mill Valley, CA.
Mill Valley Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet 50% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$3.45M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply2 active listings against the current sales pace works out to about 2.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~41 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Mill Valley
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
66%
Homeowners
34%
Renters
Homeownership is 10.5 points higher than the California average (55.5%)
5,518 households (2023)
Price Reductions
1 listings have reduced their price
50% of active listings
Average reduction: 4.2% (~$145K)
Browse Mill Valley Listings
Frequently Asked Questions about the Mill Valley, CA Housing Market
What is the median home price in Mill Valley, CA?
The median list price in Mill Valley is $3,449,000 as of August 2026, based on 2 active listings.
Is Mill Valley a buyer's market or a seller's market?
Mill Valley currently reads as a balanced market. Active inventory works out to about 2.0 months of supply at the recent sales pace.
How fast do homes sell in Mill Valley?
Homes that closed in the last 90 days typically went under contract in about 44 days. The average home currently for sale has been on the market for 41 days.
How many homes are for sale in Mill Valley, CA?
There are 2 homes for sale in Mill Valley right now.
What is the median rent in Mill Valley?
The median asking rent in Mill Valley is $1,500 per month, across 1 active rental listings.