Marin median house price edges up to $1.84M

The median price for a house in Marin is $1.84 million, a year-over-year increase of 3%, according to the latest county data.

The figure from the county assessor's office covers March, when 150 houses were sold. The prior March, the county had 158 sales.

Elizabeth Pedrick, president of the Marin Association of Realtors, said the price gain "indicates a well-balanced, steady, resilient market, without a lot of dramatic swings."

"We're seeing a market of stability rather than volatility, which is better for both buyers and sellers," said Pedrick, an agent with Berkshire Hathaway HomeServices Drysdale Properties. "Marin County continues to benefit from limited inventory, and Marin is still a highly desirable place to live, so that demand supports long-term value."

"Interestingly, the days on market remain historically low, and many homes are going for over asking, if they are priced properly," she said. "Buyers are still seeing value in investing in Marin County real estate."

For the Bay Area as a whole, the median house price in March was $1.4 million, the same as March 2025, the California Association of Realtors reported. The number of sales rose 3.2% over the period.

Statewide, the median house price was $889,190, a year-over-year increase of 0.4%, the organization said. Sales volume declined 2.5%.

Marin's median price - the point at which half the homes sold for more money and half for less - is at its highest level since $1.9 million last May.

In specific parts of Marin, Belvedere had the highest median house price in March at $4 million, but on just one sale, the county reported. Ross had a median of $3.5 million on one sale, and the Tiburon median was $3.07 million on 14 sales.

Other local median prices for the month included $2.83 million in Mill Valley; $2.35 million in Corte Madera; $2.22 million in Larkspur; $1.8 million in Sausalito; $1.78 million in San Anselmo; $1.61 million in Fairfax; $1.55 million in Novato; and $1.31 million in San Rafael.

In the unincorporated areas of the county, 32 houses sold in March for a median price of $1.86 million.

In Marin's condominium and townhome market, 52 residences sold for a median price of $785,000 in March, the county reported. The previous March, 43 sold for a median of $855,000.

Bill Smith, a real estate agent with Compass, is representing the sellers of an eight-bedroom ridgetop home listed for $50 million at 20 Crest Road in Belvedere. A sale at that price would beat the current Marin County record by $2.5 million.

Smith said Marin is starting to feel the ripple effects of a San Francisco market that has been "on fire." He said a Pacific Heights home listed for $56 million got multiple offers, and homes for $3 million or less in the city can get eight to 15 offers.

"It's beginning to spill over into Marin," he said. "It seems to me that it's going to get more active as these homes in San Francisco keep shutting people out."

The median house price in San Francisco in March was $2.15 million, a year-over-year price increase of more than 18%, the California Association of Realtors reported.

Other median prices in the region for March included $2.25 million in San Mateo County, down 0.4% from the prior year; $2.15 million in Santa Clara County, up 1.2%; $1.36 million in Alameda County, down 1.4%; and $870,000 in Contra Costa County, down 4.1%. Sonoma County was $862,500, up 0.6%; Napa County was $858,679, a 14.5% decline; and Solano County was $580,000, down 3.2%.

The California Association of Realtors said March was the 42nd month in a row involving fewer than 300,000 home sales, which it called a benchmark.

"The number of homes listed on the market remains low compared to last year's levels even as the spring homebuying season kicks into its highest gear," Jordan Levine, the association's chief economist, said in a statement. "Many homeowners locked in historically low mortgage rates are now reluctant to sell, limiting available inventory. While easing rates are bringing some buyers back to the market, California's persistent housing shortage remains. This supply/demand imbalance will likely cap sales in the coming months, even as affordability improves modestly."

As of April 23, the average mortgage rate was 6.23%, according to Freddie Mac, the federally chartered mortgage company. That was down from 6.30% the prior week and 6.81% a year earlier.

The Federal Reserve's rate-setting committee, which met Wednesday, left the benchmark short-term interest rate target range unchanged at 3.5% to 3.75%.

Marin real estate data

Median house prices in the county over the past year.

March 2026: $1.84 million

Feb. 2026: $1.62 million

Jan. 2026: $1.7 million

Dec. 2025: $1.5 million

Nov. 2025: $1.47 million

Oct. 2025: $1.73 million

Sept. 2025: $1.71 million

Aug. 2025: $1.6 million

July 2025: $1.6 million

June 2025: $1.65 million

May 2025: $1.9 million

April 2025: $1.82 million

March 2025: $1.78 million

Source: Marin County assessor's office

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