Mill Valley Housing Market Report – April 2026
Here's a look at how the Mill Valley, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 35
- Median Sale Price: $2,175,000
- Average Sale Price: $2,479,889
- Average Price Per Sq Ft: $1,202
- Average Days on Market: 37
- Sale-to-List Price Ratio: 110.1%
Month-Over-Month Trends
Compared to March, the median sale price in Mill Valley moved 0.2% down (from $2,180,000 to $2,175,000). The number of homes sold was 40.0% up compared to the prior month (25 vs. 35). Average days on market shifted 15.9% down (44 days to 37 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 7.4% up (from $2,025,000 to $2,175,000). Sales volume is 12.5% down year-over-year.
What This Means
Mill Valley's housing market is firing on all cylinders this spring. April saw sales jump 40 percent month-over-month to 35 homes, a sign that the seasonal uptick is in full swing. Homes are also moving faster, with average days on market dropping from 44 to 37 days. More importantly, sellers are holding their own—homes are selling for 110 percent of list price on average, suggesting genuine competition among buyers despite the market's relatively modest inventory of 66 active listings.
The year-over-year picture tells a more nuanced story. While median prices have climbed 7.4 percent annually to $2.175 million, sales volume is actually down 12.5 percent from April 2025. This suggests that despite strong spring momentum, fewer transactions are happening overall compared to last year. The gap between median and average prices—nearly $305,000—indicates a concentration of higher-end sales skewing the data upward.
For buyers, the shrinking DOM and above-list-price sales mean competition remains real. For sellers, it's an encouraging moment to list, especially with homes moving in just over a month. However, the presence of 66 lingering listings suggests some price resistance, particularly in the lower half of the market. This is a seller's market, but not quite the runaway bull market some might expect.
Mill Valley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94941 | 35 | $2,175,000 | $1,202 | 37 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 31 | $2,250,000 | $1,226 |
| CONDOS | 3 | $1,750,000 | $956 |
| LAND | 1 | $555,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 34 |
Current Active Listings
As of this report, there are 66 active listings in Mill Valley with a median asking price of $1,697,500 and an average of 75 days on market.
Thinking About Selling Your Mill Valley Home?
If you're a homeowner in Mill Valley considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Mill Valley and throughout Marin County — get a no-obligation cash offer today.