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Mill Valley, CA Home Values and Rents

The typical home value in Mill Valley is $2,178,610, 40th highest of 1,044 cities and towns in California. Median rent is $4,617 a month.

Typical home value
$2,178,610
40th of 1,044 in CA
Median rent
$4,617/mo
Zillow observed rent
Price change, 1 year
+10.2%
Sep 2026
Homeownership
66.2%
CA: 55.9%

Home sale prices in the San Francisco-Oakland-Fremont, CA area

Zillow median sale price, Sep 2026

$1,182,838+7.5% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Mill Valley

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMill Valley
Sep 2026$2,178,610
Dec 2025$2,026,300
Dec 2024$2,027,995
Dec 2023$2,044,694
Dec 2022$2,043,791
Dec 2021$1,943,542
Dec 2020$1,720,055
Dec 2019$1,590,477
Dec 2018$1,574,465
Dec 2017$1,519,283
Dec 2016$1,433,658
Dec 2015$1,429,160
Dec 2014$1,271,702
Dec 2013$1,130,353
Dec 2012$980,965

Over five years, Mill Valley prices changed +12.3%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
194941$2,000,000+$3,077+8.8%+26.2%

Fair Market Rents, FY2027

HUD rent standard for San Francisco, CA HUD Metro FMR Area

CA rents
Unit sizeMonthly rent
Studio$2,574
1 bedroom$3,003
2 bedrooms$3,697
3 bedrooms$4,832
4 bedrooms$5,439

Frequently asked questions

What is the typical home value in Mill Valley, CA?
The typical home value in Mill Valley is $2,178,610 (Zillow Home Value Index, Sep 2026). The California median is $734,700.
How much is rent in Mill Valley?
The median rent in Mill Valley is $4,617 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $3,697.
Are home prices going up in Mill Valley?
The typical home value in Mill Valley changed +10.2% over one year and +12.3% over five years, as of Sep 2026.
How does Mill Valley compare with the rest of California?
Mill Valley has the 40th highest median home value of 1,044 cities and towns with 1,000+ residents in California.
Which ZIP code in Mill Valley has the highest home values?
ZIP code 94941 has the highest median home value at $2,000,000+.