ZIP 94041 Housing Market Report
Santa Clara Metro
Report period: May 2026
94041 Monthly Market Update – May 2026
ZIP 94041 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$2,199,000
+0.0%
Median DOM (Sales)
38
+2.7%
New Listings (Sales)
5
0.0%
Median Rent
$3,599
+2.8%
Median DOM (Rental)
22
0.0%
Total Rental Listings
44
−8.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (12 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($4,398,000 median)
Sales Market Overview
Median Price
$2,199,000
+0.0%
Median DOM
38
+2.7%
New Listings
5
0.0%
Inventory
39
+2.6%
- Average Price: $2,000,562
- Median Price: $2,199,000
- Price Range: $279,000 – $4,700,000
- Price per Sq Ft (Avg/Median): $1,068 / $1,083
- Square Footage (Avg/Median): 1,788 / 1,638
- Square Footage Range: 970 – 3,472
- Days on Market (Avg/Median): 57 / 38
- Days on Market Range: 3 – 253
- New Listings: 5
- Total Listings: 39
Sales by Property Type
Condo
Avg/Median Price$2,593,571 / $2,709,000Range$1,330,000 – $3,660,000Price per Sq Ft$1,536 / $1,654Sq Ft1,644 / 1,638DOM73 / 61New2Total7
Manufactured
Avg/Median Price$387,173 / $429,000Range$279,000 – $498,000Price per Sq Ft$296 / $288Sq Ft1,326 / 1,221DOM105 / 81New1Total11
Multi-Family
Avg/Median Price$2,434,600 / $2,388,000Range$2,199,000 – $2,888,000Price per Sq Ft$1,035 / $863Sq Ft2,526 / 2,778DOM38 / 40New0Total5
Single Family
Avg/Median Price$3,017,231 / $2,750,000Range$1,999,000 – $4,700,000Price per Sq Ft$1,523 / $1,455Sq Ft2,019 / 1,967DOM24 / 12New2Total13
Townhouse
Avg/Median Price$1,403,667 / $1,525,000Range$1,088,000 – $1,598,000Price per Sq Ft$887 / $883Sq Ft1,590 / 1,637DOM28 / 16New0Total3
Sales by Bedroom Count
Studio
Avg:$2,199,000Median:$2,199,000Range:$2,199,000 – $2,199,000PSF:$1,018 / $1,018Sq Ft:2,160 / 2,160DOM:57 / 57New:0Total:1
2 Beds
Avg:$921,718Median:$429,000Range:$279,000 – $2,709,000PSF:$737 / $299Sq Ft:1,249 / 1,135DOM:81 / 81New:0Total:11
3 Beds
Avg:$1,876,643Median:$1,525,000Range:$449,000 – $3,660,000PSF:$1,098 / $1,053Sq Ft:1,639 / 1,530DOM:62 / 16New:3Total:14
4 Beds
Avg:$2,972,700Median:$2,399,000Range:$2,300,000 – $4,700,000PSF:$1,400 / $1,370Sq Ft:2,163 / 2,340DOM:30 / 11New:2Total:10
5 Beds
Avg:$4,398,000Median:$4,398,000Range:$4,398,000 – $4,398,000PSF:$1,455 / $1,455Sq Ft:3,022 / 3,022DOM:17 / 17New:0Total:1
6 Beds
Avg:$2,398,000Median:$2,398,000Range:$2,398,000 – $2,398,000PSF:$863 / $863Sq Ft:2,778 / 2,778DOM:37 / 37New:0Total:1
8 Beds
Avg:$2,888,000Median:$2,888,000Range:$2,888,000 – $2,888,000PSF:$832 / $832Sq Ft:3,472 / 3,472DOM:48 / 48New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,199,000 | $2,199,000 | $2,199,000 – $2,199,000 | $1,018 / $1,018 | 2,160 / 2,160 | 57 / 57 | 0 | 1 |
| 2 Beds | $921,718 | $429,000 | $279,000 – $2,709,000 | $737 / $299 | 1,249 / 1,135 | 81 / 81 | 0 | 11 |
| 3 Beds | $1,876,643 | $1,525,000 | $449,000 – $3,660,000 | $1,098 / $1,053 | 1,639 / 1,530 | 62 / 16 | 3 | 14 |
| 4 Beds | $2,972,700 | $2,399,000 | $2,300,000 – $4,700,000 | $1,400 / $1,370 | 2,163 / 2,340 | 30 / 11 | 2 | 10 |
| 5 Beds | $4,398,000 | $4,398,000 | $4,398,000 – $4,398,000 | $1,455 / $1,455 | 3,022 / 3,022 | 17 / 17 | 0 | 1 |
| 6 Beds | $2,398,000 | $2,398,000 | $2,398,000 – $2,398,000 | $863 / $863 | 2,778 / 2,778 | 37 / 37 | 0 | 1 |
| 8 Beds | $2,888,000 | $2,888,000 | $2,888,000 – $2,888,000 | $832 / $832 | 3,472 / 3,472 | 48 / 48 | 0 | 1 |
Rental Market Overview
Median Rent
$3,599
+2.8%
Median DOM
22
0.0%
New Listings
5
Inventory
44
−8.3%
- Average Rent: $4,297
- Median Rent: $3,599
- Rent Range: $2,095 – $9,995
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 1,027 / 785
- Square Footage Range: 433 – 4,456
- Days on Market (Avg/Median): 70 / 22
- Days on Market Range: 1 – 350
- New Listings: 5
- Total Listings: 44
Rentals by Property Type
Apartment
$2,995
Median DOM: 50
Inventory: 36
MoM: +2.8%
Condo
—
Median DOM: —
Inventory: —
MoM: +2.8%
Single Family
$6,195
Median DOM: 1
Inventory: 6
MoM: +2.8%
Townhouse
$5,950
Median DOM: 1
Inventory: 2
MoM: +2.8%
Apartment
Avg/Median Rent$3,699 / $2,995Range$2,095 – $9,615Rent per Sq Ft$5 / $5Sq Ft836 / 700DOM89 / 50New3Total36
Single Family
Avg/Median Rent$7,322 / $6,195Range$5,000 – $9,995Rent per Sq Ft$4 / $4Sq Ft1,777 / 1,647DOM2 / 1New2Total6
Townhouse
Avg/Median Rent$5,970 / $5,950Range$5,950 – $5,990Rent per Sq Ft$4 / $4Sq Ft1,540 / 1,381DOM1 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$2,948Median:$2,605Range:$2,095 – $3,719PSF:$6 / $5Sq Ft:509 / 443DOM:101 / 101New:0Total:4
1 Beds
Avg:$3,709Median:$2,695Range:$2,245 – $9,615PSF:$4 / $4Sq Ft:913 / 682DOM:76 / 43New:2Total:22
2 Beds
Avg:$3,978Median:$3,895Range:$2,800 – $5,960PSF:$5 / $5Sq Ft:844 / 850DOM:118 / 50New:1Total:10
3 Beds
Avg:$5,827Median:$5,990Range:$5,000 – $6,195PSF:$4 / $4Sq Ft:1,485 / 1,432DOM:2 / 1New:0Total:5
4 Beds
Avg:$8,913Median:$9,945Range:$6,800 – $9,995PSF:$4 / $4Sq Ft:2,106 / 1,803DOM:2 / 1New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,948 | $2,605 | $2,095 – $3,719 | $6 / $5 | 509 / 443 | 101 / 101 | 0 | 4 |
| 1 Beds | $3,709 | $2,695 | $2,245 – $9,615 | $4 / $4 | 913 / 682 | 76 / 43 | 2 | 22 |
| 2 Beds | $3,978 | $3,895 | $2,800 – $5,960 | $5 / $5 | 844 / 850 | 118 / 50 | 1 | 10 |
| 3 Beds | $5,827 | $5,990 | $5,000 – $6,195 | $4 / $4 | 1,485 / 1,432 | 2 / 1 | 0 | 5 |
| 4 Beds | $8,913 | $9,945 | $6,800 – $9,995 | $4 / $4 | 2,106 / 1,803 | 2 / 1 | 2 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$1,998,000Median DOM:49New:2Total:21
Jan 2026
Median Price:$1,998,000Median DOM:32New:12Total:27
Feb 2026
Median Price:$2,050,000Median DOM:21New:8Total:30
Mar 2026
Median Price:$1,999,000Median DOM:17New:17Total:39
Apr 2026
Median Price:$2,198,000Median DOM:37New:5Total:38
May 2026
Median Price:$2,199,000Median DOM:38New:5Total:39
6-Month Rental Trend
Dec 2025
Median Rent:$3,425Median DOM:31New:15Total:55
Jan 2026
Median Rent:$3,495Median DOM:16New:16Total:52
Feb 2026
Median Rent:$3,395Median DOM:16New:12Total:50
Mar 2026
Median Rent:$3,295Median DOM:13New:13Total:50
Apr 2026
Median Rent:$3,500Median DOM:22New:11Total:48
May 2026
Median Rent:$3,599Median DOM:22New:5Total:44
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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