ZIP 94941, Mill Valley Housing Market

ZIP 94941, Mill Valley Market Snapshot

ZIP 94941 favors sellers and competition is intensifying. Here's the picture:

Based on 59 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$2.18M
Up 23.5% from March 2025
Up $415K from March 2025
Homes Sold
59
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$13,249/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$10,795
  • Property Tax$2,271
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
18.5 days
2 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
103.6%
Up from 102.8% in March 2025
Selling 4% above asking
% Sold Over Asking
49%
49% of homes sold above asking, some competition
Active Listings
40
Down 2.4% from March 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94941, Mill Valley.

Median Sale Price
Up 23.5% year-over-year in 94941, Mill Valley. Based on 59 sales in the most recent month.
Homes Sold
9% fewer homes sold than a year ago in 94941, Mill Valley.
Total Monthly Payment
Estimated monthly cost is up 20% from a year ago in 94941, Mill Valley, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?