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Featured local agent — Half Moon Bay, CA
Sarah Mitchell
Compass Real Estate · Half Moon Bay, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Half Moon Bay, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.47Mmedian sale price
How is the Half Moon Bay, CA housing market right now?
The median home sale price in Half Moon Bay, CA is $1.47M, down 27.3% year-over-year. Homes sell in an average of 192 days with 28 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Half Moon Bay a buyer's or seller's market?
Half Moon Bay, CA is currently a buyer's market, based on 7.0 months of supply and homes selling in about 192 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
192
Average pace
Active listings
28
7.0 months supply
Sale-to-list
94.6%
Below asking
What does the Half Moon Bay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.47M |
| Median list price | $1.65M |
| Year-over-year price change | -27.3% |
| Average days on market | 192 days |
| Active inventory | 28 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $601/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 15 |
| Listings with a price cut | 60.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Half Moon Bay by property type?
How the Half Moon Bay, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.15M | $601/sq ft | 2 | 2185 days |
| Condo / Co-op | $757,000 | $599/sq ft | 2 | 192 days |
| Townhouse | $946,000 | $677/sq ft | 3 | 9 days |
Source: Redfin · Updated monthly
The Half Moon Bay housing market is currently classified as a buyer's market with a median sale price of $1.47M. Prices have fallen 27.3% compared to last year, with homes spending an average of 192 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 10.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Half Moon Bay
There are currently 28 homes listed for sale in Half Moon Bay, California. The median listing price is $1.6M.
Active listings
28
Homes on market
Median list price
$1.6M
Avg. days on market
192
Days until sale
New this week
15
Newly listed
Who lives in Half Moon Bay?
Population
11,454
Median income
$153,199/yr
Median age
46.5 years
Owner-occupied
72.8%
College grads
53.2%
Avg commute
31.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Half Moon Bay?
Zillow home value
$1.57M
Zillow rent index
$4,050/mo
Price-to-rent ratio
32.2x
Price-to-income
10.2x
Source: Zillow Research
What is it like to live in Half Moon Bay?
Half Moon Bay is a community of approximately 11K residents with a median age of 46.5 years.The median household income is $153,199, which reflects a relatively affluent area with strong earning potential. 53.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Half Moon Bay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Half Moon Bay?
5 schools tracked · 2,446 students
The largest public schools serving Half Moon Bay, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Half Moon Bay High
Grades 9-12 · 987 students
Manuel F. Cunha Intermediate
Grades 6-8 · 542 students
Alvin S. Hatch Elementary
Grades K-5 · 541 students
El Granada Elementary
Grades K-5 · 335 students
Pilarcitos Alternative High (Continuation)
Grades 9-12 · 41 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Half Moon Bay, CA?
Want a head-to-head view? Compare Half Moon Bay side-by-side with any other U.S. city using our market-comparison tool.
Is Half Moon Bay a good real estate investment market?
For investors evaluating Half Moon Bay, the price-to-rent ratio of 32.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 27.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Half Moon Bay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Half Moon Bay's median home price.
Frequently asked questions
What is the average home price in Half Moon Bay?
The median home sale price in Half Moon Bay is $1.47M, down 27.3% from last year.
How long do homes stay on market in Half Moon Bay?
Homes typically spend 192 days on market before going under contract.
What is the median income in Half Moon Bay?
The median household income is $153,199 per year.
Is Half Moon Bay a buyer's or seller's market?
With 7.0 months of supply, Half Moon Bay is currently a buyer's market.
What is the Zillow home value estimate for Half Moon Bay?
The Zillow Home Value Index (ZHVI) for Half Moon Bay is $1.57M, representing the typical home value in the area.
What is the median condo price in Half Moon Bay?
The median condo/co-op sale price in Half Moon Bay, CA is $757,000, compared to $2.15M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Half Moon Bay?
The median single-family home price in Half Moon Bay, CA is $2.15M (about $601 per square foot).
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