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Mill.ValleyPhoto: SWENOWENSON · CC BY-SA 4.0
Housing in Mill Valley

177 homes sold in Mill Valley in the last year, at a typical $2.2M

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mill Valley homes are listed.

Homes sold
177
June 2025 to May 2026
Typical sale price
$2.2M
houses $2.6M · condos $1.1M
Price per square foot
$1,058
California $504
Paid vs. asking
104.4%
55% sold over asking
For sale now
21
May 2026 · 18 sold that month
What sold · last 12 months

16% of Mill Valley’s sales are condos, at $1.5M less than a house

129 houses and 28 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$2.6M

typical sale · 129 sold in 12 months

Per square foot
$1,180CA $494
Days to sell
25
Sold over asking
64%
Listings with a price cut
31%
Condos$1.1M

typical sale · 28 sold in 12 months

Per square foot
$806CA $561
Days to sell
66
Sold over asking
43%
Listings with a price cut
37%
Fewer sales

Multi-family (2–4 units): 5 sold, typical $3.3M
Townhouses: 15 sold, typical $1.2M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

177 sales in the last year, against 271 in 2021 and a low of 158 in 2023. The typical sale went from $1.4M in 2016 to $2.2M.

Homes soldTypical sale price
075150225300$1.3M$1.8M$2.2M$2.6M2012: 204 sold, typical $1M’122013: 213 sold, typical $1.2M2014: 219 sold, typical $1.4M’142015: 248 sold, typical $1.4M2016: 174 sold, typical $1.4M’162017: 230 sold, typical $1.4M2018: 201 sold, typical $1.6M’182019: 187 sold, typical $1.8M2020: 224 sold, typical $1.8M’202021: 271 sold, typical $2.1M2022: 197 sold, typical $2.4M’222023: 158 sold, typical $2.1M2024: 163 sold, typical $2.2M’242025: 166 sold, typical $2.1MLast 12 months: 177 sold, typical $2.2MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Mill Valley

Houseat $1,180 a sq ft
Condoat $806 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Mill Valley homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Mill Valley are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Mill Valley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 177 sales.

If you’re buying in Mill Valley

  • Shop in September. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (56% over asking).
  • You can negotiate. 32% of listings have cut their price, against 29% before the pandemic.
  • Expect to bid over asking. Buyers paid 104.4% of the list price on average; 55% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Fall brings the homes; spring brings the bidding wars

September has the most new listings (about 32 a month), but May is the most competitive: 60% of May sales close over asking. January has the least competition (28%) but only about 12 new listings.

New listings a monthShare sold over asking
08.817.526.33520%40%60%Sweet spotJan: 12 new listings a month, 28% sold over asking, 58 days to sellJFeb: 17 new listings a month, 46% sold over asking, 31 days to sellFMar: 25 new listings a month, 55% sold over asking, 17 days to sellMApr: 29 new listings a month, 58% sold over asking, 18 days to sellAMay: 28 new listings a month, 60% sold over asking, 20 days to sellMJun: 22 new listings a month, 52% sold over asking, 22 days to sellJJul: 17 new listings a month, 53% sold over asking, 26 days to sellJAug: 18 new listings a month, 45% sold over asking, 32 days to sellASep: 32 new listings a month, 56% sold over asking, 21 days to sellSOct: 18 new listings a month, 57% sold over asking, 19 days to sellONov: 9 new listings a month, 43% sold over asking, 36 days to sellNDec: 4 new listings a month, 39% sold over asking, 51 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Mill Valley now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price55%49%66%36%
Gone within two weeksShare of homes under contract within 14 days49%43%59%31%
Listings with a price cutShare of homes for sale that cut their price32%29%21%24%
Price paid vs. askingAverage sale price ÷ list price104.4%102.1%106.2%99.7%
Days to sellMedian days from listing to contract27321744
Supply

27 homes for sale on a typical day

That’s 1.2 times the 2022 low (21), 24% fewer than in 2017–19 and well under 2012’s 43.

2012: 43 for sale’122013: 32 for sale2014: 27 for sale2015: 34 for sale’152016: 38 for sale2017: 36 for sale2018: 33 for sale’182019: 36 for sale2020: 33 for sale2021: 22 for sale’212022: 21 for sale2023: 23 for sale2024: 26 for sale’242025: 28 for saleLast 12 months: 27 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 29% in 2017–19 and 24% across California.

2015: 26%’152016: 25%2017: 29%2018: 30%’182019: 27%2020: 25%2021: 21%’212022: 25%2023: 21%2024: 25%’242025: 29%Last 12 months: 32%Now
Prices by type

Since 2019, houses are up 41%, condos 14%

A house typically sold for $2.6M in the last year (129 sales), a condo for $1.1M (28).

$1.1M$1.7M$2.3M$2.9M2013201520172019202120232025NowHouses 2013: $1.4M, 146 salesHouses 2014: $1.6M, 144 salesHouses 2015: $1.7M, 169 salesHouses 2016: $1.7M, 120 salesHouses 2017: $1.6M, 155 salesHouses 2018: $1.7M, 150 salesHouses 2019: $1.8M, 135 salesHouses 2020: $2M, 158 salesHouses 2021: $2.4M, 200 salesHouses 2022: $2.7M, 146 salesHouses 2023: $2.5M, 115 salesHouses 2024: $2.5M, 132 salesHouses 2025: $2.6M, 118 salesHouses last 12 months: $2.6M, 129 salesHouses $2.6MCondos 2013: $634K, 48 salesCondos 2014: $612K, 46 salesCondos 2015: $842K, 63 salesCondos 2016: $863K, 42 salesCondos 2017: $853K, 58 salesCondos 2018: $796K, 31 salesCondos 2019: $939K, 33 salesCondos 2020: $964K, 40 salesCondos 2021: $898K, 51 salesCondos 2022: $1M, 28 salesCondos 2023: $1.2M, 26 salesCondos 2024: $1.2M, 23 salesCondos 2025: $1.1M, 29 salesCondos last 12 months: $1.1M, 28 salesCondos $1.1M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Mill Valley ranks 40th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mill Valley is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Mill Valley

Five things worth knowing

32

New listings in September

The month with the most choice. December has the fewest, about 4.

Best time to buy
A+

Schools

The schools grade for Mill Valley, from test results, graduation and how much students grow.

Schools in Mill Valley
25 min

Typical commute

The average one-way trip to work for people who live in Mill Valley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tamalpais-Homestead Valley, Larkspur and Marin City sell for less a square foot

The busier markets within 25 miles of Mill Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mill Valley177$2.2M$1,05855%27
Tamalpais-Homestead Valley122$2.1M$98361%16
Larkspur115$1.9M$97944%29
Corte Madera105$1.7M$1,03649%27
Kentfield78$2.6M$1,04544%25
Strawberry39$2.3M$1,12646%24
Marin City23$885K$62330%68

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Mill Valley, free

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Questions about buying a home in Mill Valley

What do homes sell for in Mill Valley, CA?

177 homes sold in the year to May 2026 at a typical $2.2M, $1,058 a square foot. Houses sold for about $2.6M, condos for about $1.1M.

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

A seller’s market: 21 homes were for sale in May 2026 and 18 sold, about 1.2 months of supply. Buyers paid 104.4% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Mill Valley?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Mill Valley?

Zillow, Redfin, Realtor.com and Homes.com all carry Mill Valley’s MLS listings; the search links above open each one filtered to Mill Valley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).