What is the median home value in Millbrae, CA?

The median value of owner-occupied homes in Millbrae, CA is $1,934,900 (±$91,218), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Millbrae, the median home value went from $1,403,100 in 2015–2019 to $1,934,900 in 2020–2024 (+37.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$1,934,900 (±$91,218)
Owner-occupied homes
4,937 (±308)
Most common range
$1,000,000 or more

Home values in Millbrae

Owner-occupied homes by value, 2020–2024
ValueMillbraeSan Mateo CountyCaliforniaUnited States
Less than $50,0002.2% (±1.3 points)1.5%2.5%5.3%
$50,000 to $99,9990.0% (±0.9 points)0.4%1.7%6.1%
$100,000 to $149,9990.5% (±0.5 points)0.8%1.3%6.8%
$150,000 to $199,9990.6% (±0.6 points)0.6%1.4%9.0%
$200,000 to $299,9990.5% (±0.5 points)0.8%4.3%17.8%
$300,000 to $499,9991.4% (±0.9 points)1.5%17.1%26.9%
$500,000 to $999,9994.9% (±1.8 points)13.9%42.1%20.9%
$1,000,000 or more90.0% (±2.7 points)80.6%29.6%7.1%

The most common range is $1,000,000 or more, 90.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Millbrae against San Mateo County, its state and the nation

Estimate (90% margin of error)
MillbraeSan Mateo CountyCaliforniaUnited States
Median home value$1,934,900 (±$91,218)$1,559,600 (±$16,159)$734,700 (±$1,307)$332,700
Owner-occupied homes4,937 (±308)154,607 (±1,889)7,567,568 (±37,334)84,210,142

In Millbrae, the median home value is higher than in San Mateo County ($1,559,600).

It is also higher than in California ($734,700).

It is higher than the national figure ($332,700).

In San Mateo County, Millbrae ranks 14 of 31 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 67 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Millbrae have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$1,403,100 (±$71,113)$1,934,900 (±$91,218)+37.9%Up after inflation
Median real estate taxes$7,692 (±$514)$9,996 (±$617)+30.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Millbrae

Nearest places with a published estimate, compared with Millbrae
PlaceDistanceMedian home valueCompared with this place
Millbrae—$1,934,900 (±$91,218)—
Burlingame2.2 mi$2,000,000 or more—
San Bruno2.4 mi$1,207,500 (±$42,028)Lower
Hillsborough3.7 mi$2,000,000 or more—
South San Francisco4.1 mi$1,188,800 (±$21,662)Lower
Pacifica4.2 mi$1,249,800 (±$35,515)Lower
Brisbane5.4 mi$1,232,200 (±$204,609)Lower
San Mateo5.7 mi$1,618,700 (±$35,518)Lower
Baywood Park5.8 mi$2,000,000 or more—

Nearby places with a measurably lower figure: San Bruno, CA ($1,207,500), South San Francisco, CA ($1,188,800), Pacifica, CA ($1,249,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across San Mateo County, place by place

RankPlaceMedian home value
1 (tie)Woodside$2,000,000 or more
1 (tie)Baywood Park$2,000,000 or more
1 (tie)Emerald Lake Hills$2,000,000 or more
1 (tie)Highlands$2,000,000 or more
1 (tie)Ladera$2,000,000 or more
1 (tie)West Menlo Park$2,000,000 or more
14Millbrae$1,934,900 (±$91,218)
15Foster City$1,838,200 (±$78,375)
16Redwood City$1,801,700 (±$68,925)
17San Mateo$1,618,700 (±$35,518)
18Montara$1,580,700 (±$195,558)
19Half Moon Bay$1,549,500 (±$110,431)
20El Granada$1,424,700 (±$93,239)

Showing 13 of 31 places in San Mateo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Millbrae

What is the average home value in Millbrae, CA?

The Census Bureau publishes the median: $1,934,900 (±$91,218) for owner-occupied homes in Millbrae (2020–2024 American Community Survey).

Have home values in Millbrae gone up?

In Millbrae, the median home value went from $1,403,100 in 2015–2019 to $1,934,900 in 2020–2024 (+37.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Millbrae sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Millbrae city, California (place:47486, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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