ZIP 94041 Housing Market Report

Santa Clara Metro

Report period: August 2026

94041 Monthly Market Update – August 2026

ZIP 94041 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$1,785,000
+5.1%
Median DOM (Sales)
28
−12.5%
New Listings (Sales)
3
−72.7%
Median Rent
$3,995
−2.4%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
39
−7.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (10 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($2,599,999 median)

Sales Market Overview

Median Price
$1,785,000
+5.1%
Median DOM
28
−12.5%
New Listings
3
−72.7%
Inventory
38
−2.6%
  • Average Price: $1,734,774
  • Median Price: $1,785,000
  • Price Range: $269,000 – $4,700,000
  • Price per Sq Ft (Avg/Median): $1,024 / $993
  • Square Footage (Avg/Median): 1,676 / 1,555
  • Square Footage Range: 864 – 3,472
  • Days on Market (Avg/Median): 51 / 28
  • Days on Market Range: 2 – 271
  • New Listings: 3
  • Total Listings: 38

Sales by Property Type

Condo
Avg/Median Price$2,870,778 / $3,360,000Range$1,274,888 – $3,660,000Price per Sq Ft$1,531 / $1,551Sq Ft1,822 / 2,021DOM126 / 97New0Total5
Manufactured
Avg/Median Price$364,895 / $369,000Range$269,000 – $479,000Price per Sq Ft$270 / $245Sq Ft1,368 / 1,456DOM48 / 36New0Total12
Multi-Family
Avg/Median Price$2,159,500 / $2,145,000Range$1,688,000 – $2,599,999Price per Sq Ft$781 / $749Sq Ft2,823 / 2,772DOM44 / 10New1Total4
Single Family
Avg/Median Price$2,515,077 / $2,299,000Range$1,698,000 – $4,700,000Price per Sq Ft$1,594 / $1,631Sq Ft1,640 / 1,751DOM28 / 11New2Total13
Townhouse
Avg/Median Price$1,463,700 / $1,119,800Range$1,088,000 – $1,999,000Price per Sq Ft$1,040 / $969Sq Ft1,386 / 1,232DOM49 / 47New0Total4

Sales by Bedroom Count

Studio
Avg:$2,145,000Median:$2,145,000Range:$2,145,000 – $2,145,000PSF:$993 / $993Sq Ft:2,160 / 2,160DOM:148 / 148New:0Total:1
2 Beds
Avg:$1,002,962Median:$429,000Range:$269,000 – $2,460,000PSF:$813 / $288Sq Ft:1,263 / 1,156DOM:49 / 34New:0Total:12
3 Beds
Avg:$1,872,272Median:$1,999,000Range:$369,000 – $3,660,000PSF:$1,142 / $1,097Sq Ft:1,605 / 1,548DOM:51 / 15New:1Total:18
4 Beds
Avg:$3,183,000Median:$2,550,000Range:$2,299,000 – $4,700,000PSF:$1,515 / $1,313Sq Ft:2,051 / 2,000DOM:84 / 68New:1Total:3
5 Beds
Avg:$2,101,500Median:$1,998,000Range:$1,998,000 – $2,205,000PSF:$854 / $795Sq Ft:2,480 / 2,189DOM:8 / 6New:1Total:2
6 Beds
Avg:$1,688,000Median:$1,688,000Range:$1,688,000 – $1,688,000PSF:$585 / $585Sq Ft:2,887 / 2,887DOM:10 / 10New:0Total:1
8 Beds
Avg:$2,599,999Median:$2,599,999Range:$2,599,999 – $2,599,999PSF:$749 / $749Sq Ft:3,472 / 3,472DOM:10 / 10New:0Total:1

Rental Market Overview

Median Rent
$3,995
−2.4%
Median DOM
1
−50.0%
New Listings
5
Inventory
39
−7.1%
  • Average Rent: $4,177
  • Median Rent: $3,995
  • Rent Range: $2,200 – $9,800
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 1,007 / 850
  • Square Footage Range: 450 – 2,600
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 223
  • New Listings: 5
  • Total Listings: 39

Rentals by Property Type

Apartment
$3,050
Median DOM: 9
Inventory: 24
MoM: −2.4%
Condo
$4,400
Median DOM: 1
Inventory: 4
MoM: −2.4%
Single Family
$6,650
Median DOM: 1
Inventory: 9
MoM: −2.4%
Townhouse
$5,355
Median DOM:
Inventory: 2
MoM: −2.4%
Apartment
Avg/Median Rent$3,288 / $3,050Range$2,200 – $5,836Rent per Sq Ft$4 / $4Sq Ft747 / 700DOM55 / 9New2Total24
Condo
Avg/Median Rent$4,246 / $4,400Range$2,995 – $4,995Rent per Sq Ft$4 / $4Sq Ft1,017 / 1,078DOM1 / 1New1Total4
Single Family
Avg/Median Rent$6,209 / $6,650Range$2,295 – $9,800Rent per Sq Ft$4 / $4Sq Ft1,586 / 1,748DOM9 / 1New2Total9
Townhouse
Avg/Median Rent$5,562 / $5,355Range$5,355 – $5,770Rent per Sq Ft$4 / $3Sq Ft1,502 / 1,381DOMNew0Total2

Rentals by Bedroom Count

Studio
Avg:$2,860Median:$2,295Range:$2,200 – $4,092PSF:$5 / $5Sq Ft:522 / 480DOM:1 / 1New:2Total:4
1 Beds
Avg:$2,936Median:$2,450Range:$2,300 – $4,612PSF:$4 / $4Sq Ft:685 / 660DOM:88 / 9New:1Total:14
2 Beds
Avg:$4,226Median:$4,275Range:$3,050 – $5,836PSF:$4 / $4Sq Ft:990 / 900DOM:7 / 1New:1Total:13
3 Beds
Avg:$5,953Median:$5,770Range:$4,995 – $6,995PSF:$4 / $4Sq Ft:1,648 / 1,623DOM:1 / 1New:1Total:5
4 Beds
Avg:$8,550Median:$8,750Range:$7,100 – $9,800PSF:$4 / $4Sq Ft:2,163 / 2,003DOM:23 / 21New:0Total:3

6-Month Sales Trend

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:$2,158,000Median DOM:30New:12Total:40
Jun 2026
Median Price:$1,998,000Median DOM:41New:7Total:34
Jul 2026
Median Price:$1,698,000Median DOM:32New:11Total:39
Aug 2026
Median Price:$1,785,000Median DOM:28New:3Total:38

6-Month Rental Trend

Mar 2026
Median Rent:$3,295Median DOM:13New:13Total:50
Apr 2026
Median Rent:$3,500Median DOM:22New:11Total:48
May 2026
Median Rent:$3,895Median DOM:9New:9Total:39
Jun 2026
Median Rent:$3,966Median DOM:5New:14Total:42
Jul 2026
Median Rent:$4,092Median DOM:2New:13Total:42
Aug 2026
Median Rent:$3,995Median DOM:1New:5Total:39

Key Market Takeaways

Median sale prices moved higher 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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