Blog > Morgan Hill Price per Square Foot by House Size: Why Smaller Homes Cost More per Foot (2026)
Morgan Hill Price per Square Foot by House Size: Why Smaller Homes Cost More per Foot (2026)
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Price per square foot is the number everyone quotes, and in Morgan Hill it depends heavily on the size of the house. Over the last 24 months, houses under 1,500 sq ft sold for a median $814 a square foot, and houses of 4,000 sq ft and up for $638. Here’s the full ladder, why smaller houses cost more per foot, and what an extra 100 square feet is actually worth. We’re the Property Nerds, so the numbers come from real sales.
The short answer
- The city’s median: $667 a square foot for houses sold in the last 12 months (median 2,430 sq ft, $1.52M).
- Smallest against largest: $814 a foot for houses under 1,500 sq ft against $638 for houses of 4,000 sq ft and up.
- The next 100 square feet on the median house goes with about $33,000 more in price, roughly $334 a foot, well below the average, once lot, bedrooms and bathrooms are held equal.
- Compare like with like: across the size ranges here, the median price per foot differs by as much as $206.
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Buying or selling in Morgan Hill?
- What’s my home worth? Ask for the recent sales on your street.
- Selling a home in Morgan Hill: pricing, prep and what’s selling now.
- Talk to a Property Nerd about your plans.
The ladder, size by size
Every house sale in the last 24 months (October 28, 2024 to October 27, 2026), by living area (sizes with at least 12 sales):
| Living area | Sales | Median price | Per sq ft | Beds | Baths | Lot | Typical sale |
|---|---|---|---|---|---|---|---|
| Under 1,500 sq ft | 108 | $961K | $814 | 3 | 2 | 5,630 sq ft | at asking |
| 1,500–2,000 sq ft | 127 | $1.23M | $699 | 3 | 2 | 6,530 sq ft | at asking |
| 2,000–2,500 sq ft | 127 | $1.46M | $651 | 4 | 2.5 | 7,620 sq ft | at asking |
| 2,500–3,000 sq ft | 118 | $1.67M | $609 | 4 | 3 | 9,090 sq ft | 1% under asking |
| 3,000–4,000 sq ft | 102 | $2.1M | $608 | 4 | 3.5 | 11,820 sq ft | at asking |
| 4,000 sq ft and up | 83 | $3.08M | $638 | 5 | 5 | 18,270 sq ft | at asking |
Why smaller houses cost more per foot
Part of every Morgan Hill house price is the land and the address, and that part doesn’t grow with the floor plan. Spread over 1,400 square feet it’s a lot per foot; spread over 3,500 it’s much less. Kitchens and bathrooms, the most expensive rooms to build, also make up a bigger share of a small house. So a small house usually shows a higher price per foot than a large one. In Morgan Hill, the median price per foot falls from $814 a foot for houses under 1,500 sq ft to $608 for houses of 3,000–4,000 sq ft, then rises to $638 for houses of 4,000 sq ft and up. The largest houses also sat on bigger lots, a median 18,270 square feet against 11,820 for houses of 3,000–4,000 sq ft.
What an extra 100 square feet is worth
We compared 581 Morgan Hill house sales from the last 24 months, holding lot size, bedrooms, bathrooms and the month of sale equal. On the median house (2,430 sq ft, $1.52M), 100 more square feet went with about $33,000 more in price, about $334 a foot. That’s well below the city’s $667 average, because the land is already paid for. It’s a pattern across sales, not a promise for an addition: what you build, how well it fits the house and the neighborhood all matter.
Using price per foot the right way
- Compare houses of similar size, in the same neighborhood, sold recently.
- Look at the lot. A big lot raises the price without adding living area, so its price per foot looks high.
- Count the same way. Living area is the finished space the listing reports; garages and unpermitted space usually aren’t in it.
- See the map: our price per square foot map and Morgan Hill neighborhoods ranked by price per square foot.
Condos and townhomes run on their own scale: the median Morgan Hill condo or townhome sold for $522 a square foot in the last 12 months (1,720 sq ft, $882K).
Morgan Hill against five other Santa Clara County cities
Houses; city medians from the last 12 months, size ranges from the last 24. For Palo Alto, Los Altos, Sunnyvale, Cupertino, Santa Clara, Los Gatos and Saratoga, see price per square foot by house size across Silicon Valley.
| City | Median per sq ft | Smallest houses | Largest houses | Next 100 sq ft |
|---|---|---|---|---|
| San Jose | $975 | $1,064 (under 1,500 sq ft) | $907 (4,000 sq ft and up) | $62,000 |
| Mountain View | $1,671 | $1,873 (under 1,500 sq ft) | $1,401 (3,000–4,000 sq ft) | $91,000 |
| Campbell | $1,251 | $1,486 (under 1,500 sq ft) | $1,098 (3,000–4,000 sq ft) | $48,000 |
| Milpitas | $1,007 | $1,148 (under 1,500 sq ft) | $968 (3,000–4,000 sq ft) | $63,000 |
| Morgan Hill | $667 | $814 (under 1,500 sq ft) | $638 (4,000 sq ft and up) | $33,000 |
| Gilroy | $527 | $665 (under 1,500 sq ft) | $521 (4,000 sq ft and up) | $24,000 |
Questions we get
What is the price per square foot in Morgan Hill?
$667 for houses sold in the last 12 months (median), and $522 for condos and townhomes. Over the last 24 months, houses under 1,500 sq ft sold for a median $814 a foot and houses of 4,000 sq ft and up for $638.
Why is my house’s price per foot different from my neighbor’s?
Size, lot, condition and updates all move it. A smaller house on a big lot shows a high price per foot; a large house on a small lot, a lower one.
Does adding square footage pay off in Morgan Hill?
It can: on the median house, 100 more square feet went with about $33,000 more in price in our comparison. Whether an addition pays depends on its cost and quality.
How we counted
Medians of closed sales reported to the MLS and read through the IDX feeds that power our home search, one record per sale with a usable living area and map position, the same rules as our city price posts. Houses are MLS property type “single family home”; condos include townhomes. The window is the last 24 months (October 28, 2024 to October 27, 2026) for the size ladder and the last 12 months (October 28, 2025 to October 27, 2026) for the city medians. The 100-square-foot figure comes from a regression of log price on log living area, log lot size, bedrooms, bathrooms and month of sale, across house sales with lots up to an acre in the last 24 months, applied to the median house. Past sales aren’t a forecast or the value of any one home, and nothing here is financial, tax or legal advice.
Go deeper
what adds value to a Morgan Hill house, Morgan Hill home types by the numbers, Morgan Hill house prices by bedrooms and what your home is worth.
More Morgan Hill numbers from the Property Nerds
Talk to a Property Nerd
We’re the Property Nerds at Compass, recognized as NextGenAgents by a national real estate portal. We’ll pull the sales that matter for your home and your plans, and walk you through what they mean. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.