Housing · Half Moon Bay

Half Moon Bay, CA housing market

The typical Half Moon Bay home is worth about $1,535,000, up 1.7% in a year, 101% above the California typical home.

Home values, sales, trends and how Half Moon Bay compares with the towns next door — updated as new data is published.

The market right now

Half Moon Bay at a glance

Typical home value
$1.54M
▲ 1.7% in a year · Zillow
Median sale price
$1.47M
May 2026 · Redfin
Homes sold
4
in May · 28 for sale

Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

Half Moon BayCalifornia
$400K$500K$600K$700K$800K$900K$1M$1.1M$1.2M$1.3M$1.4M$1.5M$1.6M 20182020202220242026 Half Moon Bay $1.54M California $764K
Show as a table
JanuaryHalf Moon BayCalifornia
2017$1,009,000$453,000
2018$1,105,000$501,000
2019$1,149,000$539,000
2020$1,128,000$551,000
2021$1,231,000$607,000
2022$1,423,000$703,000
2023$1,426,000$727,000
2024$1,440,000$758,000
2025$1,504,000$782,000
2026$1,518,000$767,000
August 2026$1,535,000$764,000
New construction

16 new homes permitted in 2025

Builders were permitted 16 new homes in Half Moon Bay in 2025, all single-family houses, worth about $13.4 million to build. That's 1.4 per 1,000 residents, slower than across California (2.7). Over the past 10 years, Half Moon Bay has permitted 205 homes in all.

New homes, 2025
16
5 in 2024
2026 so far
0
Jan–Aug
Per 1,000 residents
1.4
California: 2.7
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
050100150 2000: 65 homes (38 single-family, 27 in buildings with 2+ homes) 2000 2001: 61 homes (47 single-family, 14 in buildings with 2+ homes) 2002: 121 homes (55 single-family, 66 in buildings with 2+ homes) 2003: 41 homes 2004: 11 homes 2005: 13 homes 2005 2006: 18 homes 2007: 21 homes (19 single-family, 2 in buildings with 2+ homes) 2008: 17 homes (15 single-family, 2 in buildings with 2+ homes) 2009: 6 homes 2010: 8 homes (6 single-family, 2 in buildings with 2+ homes) 2010 2011: 9 homes 2012: 97 homes (12 single-family, 85 in buildings with 2+ homes) 2013: 72 homes (13 single-family, 59 in buildings with 2+ homes) 2014: 84 homes (13 single-family, 71 in buildings with 2+ homes) 2015: 45 homes (17 single-family, 28 in buildings with 2+ homes) 2015 2016: 50 homes (16 single-family, 34 in buildings with 2+ homes) 2017: 74 homes (18 single-family, 56 in buildings with 2+ homes) 2018: 10 homes 2019: 8 homes (6 single-family, 2 in buildings with 2+ homes) 2020: 15 homes 2020 2021: 8 homes (3 single-family, 5 in buildings with 2+ homes) 2022: 11 homes (8 single-family, 3 in buildings with 2+ homes) 2023: 8 homes (2 single-family, 6 in buildings with 2+ homes) 2024: 5 homes 2025: 16 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+471
New homes+457

Between the 2010 and 2020 censuses, Half Moon Bay gained 471 residents while 457 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across California: 2.7 new residents per new home.

How Half Moon Bay ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
202516160$13.4 million
2024550$5.3 million
2023826$4 million
20221183$5.7 million
2021835$3.3 million
202015150$9.6 million
2019862$2.7 million
201810100$5.5 million
2017741856$14.6 million
2016501634$10.6 million
2015451728$10.4 million
2014841371$13.8 million
2013721359$12.3 million
2012971285$16 million
2011990$4 million
2010862$1.7 million
2009660$2 million
200817152$3.1 million
200721192$5.1 million
200618180$5.2 million
200513130$3.2 million
200411110$3.3 million
200341410$14.8 million
20021215566$25 million
2001614714$14.8 million
2000653827$11.8 million

How Half Moon Bay ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Half Moon Bay and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Half Moon Bay $1.54M +1.7% $3,170 16 $157,884
El Granada — +25.4%† $3,180 — $213,347

† FHFA price index change, where Zillow has no home value for the town.

Affordability

9.7 years of income

The typical Half Moon Bay home costs about 9.7 years of the town's median household income, more than across California (7.7 years).

How Half Moon Bay ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
71.1%
California: 55.9%
Median tax bill
$10,001
California: $5,124
Median rent
$2,433
California: $2,036
Typical home built
1979
California: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $3,170

HUD's Fair Market Rent for a two-bedroom in Half Moon Bay is $3,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Half Moon Bay pay a median of $2,433, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.

1 bedroom
$2,620
a month, with utilities
2 bedrooms
$3,170
a month, with utilities
3 bedrooms
$4,050
a month, with utilities
Share of income
24%
2 bedrooms ÷ median income

Studio $2,190 · 4 bedrooms $4,200

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (94019; San Francisco, CA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01