Mill Valley Housing Market Report March 2025•Marin County, California

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Housing Prices in Mill Valley, CA

How much do homes in Mill Valley, CA cost?

Housing Market Conditions

Is Mill Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mill Valley is a Seller's Market

Difference Since March 2024

Since last year, Mill Valley has remained a Seller's Market.

Insight

Mill Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,001,250$971/SqFt
-$48,750
-2.4%

Based on all homes sold in the last 12 months

Insight

Homes in Mill Valley have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Mill Valley was $2,001,250 in March 2025, down 2.4% from last year, and the median price per square foot was $971.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Larkspur
+2.6%
Southeast Marin
0.0%
Corte Madera
0.0%
Mill Valley
-2.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$619K$769.5K
+24.3%
2$1.4M$1.3M
-8.6%
3$1.8M$1.9M
+4.4%
4$2.9M$2.4M
-16.7%
5$3.3M$3.3M
+0.8%

Summary: Mill Valley housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +24.3%. The home price for 2 bedroom homes decreased by -8.6%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes decreased by -16.7%. The home price for 5 bedroom homes increased by +0.8%.

How does Mill Valley, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mill Valley, CA

Housing supply in Mill Valley, CA

How many homes are available in Mill Valley, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
81Last MonthMar 2025
562 months agoFeb 2025
+44.6 %
Change MoMFeb – Mar

Summary: The Mill Valley real estate market had 81 homes for sale in Mar 2025, a 44.6 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
32Last MonthMar 2025
162 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
21816
-11.1%
31527
+80.0%
41422
+57.1%
5815
+87.5%

Summary: Mill Valley housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -11.1%. The inventory for 3 bedroom homes increased by +80.0%. The inventory for 4 bedroom homes increased by +57.1%. The inventory for 5 bedroom homes increased by +87.5%.

Asking Price vs. Sold Price

How much do homes in Mill Valley, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price18 Homes

At Asking Price2 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in Mill Valley, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Mill Valley in March 2025, up by 100.0% month-over-month. Of the 32 sold homes, 38% were sold under asking, 6% were sold at asking, and and 56% were sold over asking.

Days on Market for Mill Valley, CA

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

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Mill Valley are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 32 homes were sold in Mill Valley; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
11 DaysThis YearMar 2025
7 Days1 year agoMar 2024
+47.8 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Mill Valley had an average listing age of 11 days in Mar 2025, up by 47.8% compared to the previous year.

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Newest Listings in Mill Valley, CA

What homes are available in Mill Valley, CA?

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Nearby markets

Popular Cities with Homes for Sale in California

MLS Disclaimers and Copyright

Based on information from Bay Area Real Estate Information Services Inc., and San Francisco MLS for the period 04/01/2023 - 04/01/2025

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.