Is Mill Valley, CA 94941 a buyer’s or seller’s market?

The Mill Valley housing market right now

In the three months ending August 31, 2026, 54% of homes in Mill Valley, CA 94941 sold above their list price, the typical home went under contract in 21 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 100 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 45%, homes sold about as fast and the median sale price rose 1% to $2,049,113. Overall, Mill Valley is more competitive than a year ago, so tougher for buyers.

Within Marin County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 79%. On our competition score, Mill Valley ranks #65 of 1,069 CA ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Woodacre 94973 (0% sold over asking) or San Geronimo 94963 (0% sold over asking), while Forest Knolls 94933 (100% sold over asking) and Marshall 94940 (100% sold over asking) are even more competitive.