ZIP 94024 Housing Market Report

Santa Clara Metro

Report period: August 2026

94024 Monthly Market Update – August 2026

ZIP 94024 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$4,798,000
+1.0%
Median DOM (Sales)
17
+21.4%
New Listings (Sales)
2
−87.5%
Median Rent
$3,500
−12.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
8
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened.

What's Moving Fastest

  • Fastest selling: Townhouse (9 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 7 Beds ($7,999,000 median)

Sales Market Overview

Median Price
$4,798,000
+1.0%
Median DOM
17
+21.4%
New Listings
2
−87.5%
Inventory
47
−9.6%
  • Average Price: $5,372,719
  • Median Price: $4,798,000
  • Price Range: $1,998,000 – $9,958,000
  • Price per Sq Ft (Avg/Median): $1,840 / $1,794
  • Square Footage (Avg/Median): 3,119 / 2,875
  • Square Footage Range: 866 – 5,693
  • Days on Market (Avg/Median): 40 / 17
  • Days on Market Range: 3 – 206
  • New Listings: 2
  • Total Listings: 47

Sales by Property Type

Land
Avg/Median Price$3,150,000 / $3,150,000Range$3,150,000 – $3,150,000Price per Sq FtSq FtDOM160 / 160New0Total1
Single Family
Avg/Median Price$5,497,106 / $4,950,000Range$2,498,000 – $9,958,000Price per Sq Ft$1,856 / $1,798Sq Ft3,148 / 2,899DOM38 / 17New2Total45
Townhouse
Avg/Median Price$1,998,000 / $1,998,000Range$1,998,000 – $1,998,000Price per Sq Ft$1,119 / $1,119Sq Ft1,785 / 1,785DOM9 / 9New0Total1

Sales by Bedroom Count

2 Beds
Avg:$2,498,000Median:$2,498,000Range:$2,498,000 – $2,498,000PSF:$2,885 / $2,885Sq Ft:866 / 866DOM:9 / 9New:0Total:1
3 Beds
Avg:$3,791,500Median:$3,888,000Range:$1,998,000 – $4,595,000PSF:$2,176 / $2,261Sq Ft:1,769 / 1,713DOM:11 / 9New:0Total:8
4 Beds
Avg:$5,012,438Median:$4,595,000Range:$2,995,000 – $9,958,000PSF:$1,874 / $1,804Sq Ft:2,709 / 2,437DOM:38 / 17New:0Total:16
5 Beds
Avg:$6,314,611Median:$5,998,888Range:$3,745,000 – $8,998,000PSF:$1,614 / $1,565Sq Ft:3,994 / 3,811DOM:38 / 18New:2Total:16
6 Beds
Avg:$6,826,500Median:$6,388,000Range:$4,680,000 – $8,388,000PSF:$1,726 / $1,579Sq Ft:4,066 / 2,963DOM:63 / 15New:0Total:4
7 Beds
Avg:$7,999,000Median:$7,999,000Range:$7,999,000 – $7,999,000PSF:$1,622 / $1,622Sq Ft:4,931 / 4,931DOM:163 / 163New:0Total:1

Rental Market Overview

Median Rent
$3,500
−12.4%
Median DOM
1
0.0%
New Listings
2
Inventory
8
0.0%
  • Average Rent: $5,066
  • Median Rent: $3,500
  • Rent Range: $1,890 – $9,800
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 1,746 / 2,004
  • Square Footage Range: 812 – 2,427
  • Days on Market (Avg/Median): 12 / 1
  • Days on Market Range: 1 – 74
  • New Listings: 2
  • Total Listings: 8

Rentals by Property Type

Apartment
$3,500
Median DOM: 74
Inventory: 1
MoM: −12.4%
Condo
Median DOM:
Inventory:
MoM: −12.4%
Single Family
$3,995
Median DOM: 1
Inventory: 7
MoM: −12.4%
Townhouse
Median DOM:
Inventory:
MoM: −12.4%
Apartment
Avg/Median Rent$3,500 / $3,500Range$3,500 – $3,500Rent per Sq Ft$2 / $2Sq Ft2,182 / 2,182DOM74 / 74New0Total1
Single Family
Avg/Median Rent$5,289 / $3,995Range$1,890 – $9,800Rent per Sq Ft$4 / $4Sq Ft1,659 / 2,004DOM1 / 1New2Total7

Rentals by Bedroom Count

1 Beds
Avg:$2,395Median:$1,890Range:$1,890 – $2,900PSF:Sq Ft:DOM:3 / 3New:0Total:2
2 Beds
Avg:$3,532Median:$3,500Range:$3,100 – $3,995PSF:$3 / $3Sq Ft:1,298 / 900DOM:25 / 1New:1Total:3
3 Beds
Avg:$8,341Median:$8,341Range:$8,341 – $8,341PSF:$4 / $4Sq Ft:2,150 / 2,150DOM:1 / 1New:1Total:1
4 Beds
Avg:$8,400Median:$7,000Range:$7,000 – $9,800PSF:$4 / $3Sq Ft:2,216 / 2,004DOM:1 / 1New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$4,498,000Median DOM:12New:33Total:65
Apr 2026
Median Price:$4,488,000Median DOM:12New:24Total:72
May 2026
Median Price:$4,580,000Median DOM:15New:11Total:66
Jun 2026
Median Price:$4,995,000Median DOM:20New:15Total:51
Jul 2026
Median Price:$4,750,000Median DOM:14New:16Total:52
Aug 2026
Median Price:$4,798,000Median DOM:17New:2Total:47

6-Month Rental Trend

Mar 2026
Median Rent:$8,200Median DOM:1New:5Total:8
Apr 2026
Median Rent:$8,200Median DOM:1New:4Total:8
May 2026
Median Rent:$8,495Median DOM:1New:7Total:11
Jun 2026
Median Rent:$7,000Median DOM:1New:3Total:10
Jul 2026
Median Rent:$3,995Median DOM:1New:4Total:8
Aug 2026
Median Rent:$3,500Median DOM:1New:2Total:8

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory was flat.

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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