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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Half Moon Bay, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Half Moon Bay, CA Housing Market Trends

With 11,176 people, 4,353 houses or apartments, and a median cost of homes of $1,798,879, Half Moon Bay house prices are not only among the most expensive in California, Half Moon Bay real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Half Moon Bay, accounting for 68.64% of the city's housing units. Other types of housing that are prevalent in Half Moon Bay include large apartment complexes or high rise apartments ( 11.68%), row houses and other attached homes ( 7.76%), and a few mobile homes or trailers ( 6.10%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Half Moon Bay. Owner-occupied housing accounts for 72.53% of Half Moon Bay's homes, and 62.20% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Half Moon Bay built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Half Moon Bay built between 1940-1969 ( 23.67%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.66%). There's also some housing in Half Moon Bay built before 1939 ( 4.56%).

Half Moon Bay Home Appreciation Rates

Half Moon Bay's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Half Moon Bay during the period has been just 5.17%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Half Moon Bay's appreciation rate, at 6.78%, has been at or slightly above the national average. In the latest quarter, Half Moon Bay's appreciation rate has been 2.58%, which annualizes to a rate of 10.71%.

Relative to California, our data show that Half Moon Bay's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$1,798,879

Half Moon Bay, CA Home Prices
> $1,119,000
$839,001 - $1,119,000
$560,001 - $839,000
$448,001 - $560,000
$335,001 - $448,000
$224,001 - $335,000
$112,001 - $224,000
$56,001 - $112,000
$0 - $56,000
74.4%
74.4%
8.5%
8.5%
6.0%
6.0%
1.8%
1.8%
2.9%
2.9%
1.9%
1.9%
1.2%
1.2%
0.7%
0.7%
2.7%
2.7%
0% 100.0%
% of Homes
Very High

for California

Very High

for nation

Number of Homes And Apartments:

4,353

Half Moon Bay Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,947 / per month

Homeownership Rate

Owners
Renters
72.5%
72.5%
27.5%
27.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.8%
7.8%
92.2%
92.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.7%
21.7%
50.1%
50.1%
23.7%
23.7%
4.6%
4.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.6%
68.6%
7.8%
7.8%
5.8%
5.8%
11.7%
11.7%
6.1%
6.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.5%
3.5%
7.6%
7.6%
18.8%
18.8%
40.2%
40.2%
22.0%
22.0%
7.8%
7.8%
0% 100.0%
% of Homes