Silicon Valley real estate, explained by the Property Nerds®

Trading a Morgan Hill house for a condo or townhome is one of the biggest money moves a longtime owner makes. In the last 12 months the median Morgan Hill house sold for $1.52M at about 2,430 square feet, and the median condo or townhome sold for $882K at about 1,720 square feet. That’s a gap of abo

The median Morgan Hill house sold for $1.52M in the last 12 months. With 20% down and a 30-year fixed loan at 7.24%, Freddie Mac’s average for the week of October 29, 2026, the mortgage and property tax come to about $9,740 a month. The median condo or townhome, at $882K, runs about $5,630. Here’s h

Milpitas’s typical property tax rate for 2025–26 is 1.1389%, between Morgan Hill’s 1.1297% and San Jose’s 1.2197%, the lowest and highest of the six cities in this comparison. On the median Milpitas house, which sold for $1.62M in the last 12 months, that’s about $18,500 a year. Here’s where the rat