10 homes in Millbrae
Homes for Sale in Millbrae, TN
About Millbrae, TN Real Estate
Millbrae is a city in northern San Mateo County, California, United States. To the northeast is San Francisco International Airport; San Bruno is to the northwest, and Burlingame is to the southeast. It is bordered by San Andreas Lake to the southwest. The population was 23,216 at the 2020 census. Millbrae has Sister City relationships with La Serena, Chile and Mosta, Malta, as well as a friendship city agreement with Hanyu, Japan, Taishan, China, Ramallah, Palestine, and Dongguan, China.
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 10 homes for sale at a median price of $2,199,999, typically selling in about 54 days. Families here choose from 5 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Millbrae
Powered by the Topfind School Score
- 10Green Hills Elementaryelementary
- 10Meadows Elementaryelementary
- 10Mills Highhigh school
- 9Spring Valley Elementaryelementary
- 9Taylor Middleintermediate/middle/junior high
Why Live in Millbrae?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Millbrae Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.4 months of supply, and selling times have improved 69% versus six months ago. At the same time, the typical home takes about 54 days to sell, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$2.20M
↑ 19% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.4 months of supply
Tight Supply10 active listings against the current sales pace works out to about 1.4 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 ~54 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 69% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Millbrae
Homeownership is higher than average, and most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5 points higher than the California average (55.5%)
7,998 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $634K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$2.0M)
Price Reductions
2 listings have reduced their price
20% of active listings
Average reduction: 6.3% (~$139K)
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