ZIP 94022 Housing Market Report

Santa Clara Metro

Report period: August 2026

94022 Monthly Market Update – August 2026

ZIP 94022 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$3,699,999
0.0%
Median DOM (Sales)
30
−18.9%
New Listings (Sales)
4
−66.7%
Median Rent
$4,100
−17.9%
Median DOM (Rental)
8
+700.0%
Total Rental Listings
15
−11.8%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($7,750,000 median)

Sales Market Overview

Median Price
$3,699,999
0.0%
Median DOM
30
−18.9%
New Listings
4
−66.7%
Inventory
66
−1.5%
  • Average Price: $3,975,524
  • Median Price: $3,699,999
  • Price Range: $946,000 – $9,998,000
  • Price per Sq Ft (Avg/Median): $1,670 / $1,716
  • Square Footage (Avg/Median): 2,388 / 1,921
  • Square Footage Range: 685 – 5,805
  • Days on Market (Avg/Median): 60 / 30
  • Days on Market Range: 3 – 336
  • New Listings: 4
  • Total Listings: 66

Sales by Property Type

Condo
Avg/Median Price$1,851,452 / $1,450,000Range$946,000 – $4,988,000Price per Sq Ft$1,480 / $1,282Sq Ft1,226 / 1,179DOM112 / 101New0Total22
Land
Avg/Median Price$3,474,500 / $3,699,999Range$1,498,000 – $4,500,000Price per Sq FtSq FtDOM98 / 60New0Total4
Multi-Family
Avg/Median Price$3,500,000 / $3,500,000Range$3,500,000 – $3,500,000Price per Sq Ft$837 / $837Sq Ft4,181 / 4,181DOM27 / 27New0Total1
Single Family
Avg/Median Price$5,576,876 / $5,350,000Range$2,490,000 – $9,998,000Price per Sq Ft$1,822 / $1,845Sq Ft3,176 / 2,749DOM25 / 13New4Total35
Townhouse
Avg/Median Price$2,266,000 / $1,798,000Range$1,698,000 – $2,888,000Price per Sq Ft$1,602 / $1,176Sq Ft1,435 / 1,428DOM47 / 24New0Total4

Sales by Bedroom Count

1 Beds
Avg:$1,778,000Median:$1,649,000Range:$1,095,000 – $2,399,000PSF:$1,677 / $1,860Sq Ft:1,072 / 1,196DOM:104 / 101New:0Total:5
2 Beds
Avg:$1,898,108Median:$1,450,000Range:$946,000 – $3,495,000PSF:$1,428 / $1,282Sq Ft:1,304 / 1,179DOM:99 / 90New:0Total:18
3 Beds
Avg:$3,653,571Median:$3,995,000Range:$1,498,000 – $5,498,000PSF:$1,895 / $2,028Sq Ft:1,892 / 1,861DOM:56 / 24New:2Total:14
4 Beds
Avg:$5,366,206Median:$5,198,000Range:$3,398,000 – $6,988,000PSF:$1,782 / $1,716Sq Ft:3,106 / 3,042DOM:17 / 10New:2Total:14
5 Beds
Avg:$7,074,254Median:$7,750,000Range:$3,500,000 – $9,998,000PSF:$1,729 / $1,978Sq Ft:4,134 / 4,181DOM:23 / 10New:0Total:7
6 Beds
Avg:$7,461,333Median:$7,498,000Range:$6,398,000 – $8,488,000PSF:$1,551 / $1,533Sq Ft:4,838 / 4,890DOM:20 / 25New:0Total:3
8 Beds
Avg:$7,250,000Median:$7,250,000Range:$7,250,000 – $7,250,000PSF:$1,249 / $1,249Sq Ft:5,805 / 5,805DOM:30 / 30New:0Total:1

Rental Market Overview

Median Rent
$4,100
−17.9%
Median DOM
8
+700.0%
New Listings
1
Inventory
15
−11.8%
  • Average Rent: $5,186
  • Median Rent: $4,100
  • Rent Range: $2,400 – $9,950
  • Rent per Sq Ft (Avg/Median): $5 / $4
  • Square Footage (Avg/Median): 1,259 / 845
  • Square Footage Range: 325 – 3,790
  • Days on Market (Avg/Median): 57 / 8
  • Days on Market Range: 1 – 279
  • New Listings: 1
  • Total Listings: 15

Rentals by Property Type

Apartment
$4,100
Median DOM: 87
Inventory: 5
MoM: −17.9%
Condo
$2,995
Median DOM: 1
Inventory: 2
MoM: −17.9%
Single Family
$4,000
Median DOM: 1
Inventory: 8
MoM: −17.9%
Townhouse
Median DOM:
Inventory:
MoM: −17.9%
Apartment
Avg/Median Rent$5,169 / $4,100Range$2,895 – $7,676Rent per Sq Ft$7 / $9Sq Ft717 / 785DOM166 / 87New0Total5
Condo
Avg/Median Rent$3,872 / $2,995Range$2,995 – $4,750Rent per Sq Ft$4 / $3Sq Ft1,072 / 944DOM1 / 1New1Total2
Single Family
Avg/Median Rent$5,525 / $4,000Range$2,400 – $9,950Rent per Sq Ft$4 / $3Sq Ft1,645 / 1,086DOM10 / 1New0Total8

Rentals by Bedroom Count

Studio
Avg:$2,895Median:$2,895Range:$2,895 – $2,895PSF:$9 / $9Sq Ft:325 / 325DOM:New:0Total:1
1 Beds
Avg:$4,418Median:$3,500Range:$2,400 – $7,676PSF:$6 / $4Sq Ft:826 / 785DOM:99 / 65New:0Total:8
2 Beds
Avg:$4,900Median:$4,750Range:$4,000 – $5,950PSF:$4 / $4Sq Ft:1,227 / 1,200DOM:1 / 1New:1Total:3
3 Beds
Avg:$5,900Median:$5,900Range:$5,900 – $5,900PSF:$5 / $5Sq Ft:1,086 / 1,086DOM:35 / 35New:0Total:1
4 Beds
Avg:$9,950Median:$9,950Range:$9,950 – $9,950PSF:$3 / $3Sq Ft:3,400 / 3,400DOM:1 / 1New:0Total:1
6 Beds
Avg:$9,000Median:$9,000Range:$9,000 – $9,000PSF:$2 / $2Sq Ft:3,790 / 3,790DOM:8 / 8New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$3,098,000Median DOM:19New:26Total:80
Apr 2026
Median Price:$3,299,000Median DOM:23New:23Total:80
May 2026
Median Price:$4,368,000Median DOM:18New:33Total:95
Jun 2026
Median Price:$4,348,000Median DOM:15New:20Total:91
Jul 2026
Median Price:$3,699,999Median DOM:37New:12Total:67
Aug 2026
Median Price:$3,699,999Median DOM:30New:4Total:66

6-Month Rental Trend

Mar 2026
Median Rent:$6,495Median DOM:1New:6Total:13
Apr 2026
Median Rent:$4,750Median DOM:8New:8Total:16
May 2026
Median Rent:$4,140Median DOM:23New:3Total:14
Jun 2026
Median Rent:$4,360Median DOM:23New:7Total:18
Jul 2026
Median Rent:$4,995Median DOM:1New:3Total:17
Aug 2026
Median Rent:$4,100Median DOM:8New:1Total:15

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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