ZIP 94043 Housing Market Report

Santa Clara Metro

Report period: May 2026

94043 Monthly Market Update – May 2026

ZIP 94043 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,498,000
+0.2%
Median DOM (Sales)
16
+14.3%
New Listings (Sales)
9
−82.0%
Median Rent
$3,500
0.0%
Median DOM (Rental)
4
0.0%
Total Rental Listings
95
−1.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (10 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($3,888,000 median)

Sales Market Overview

Median Price
$1,498,000
+0.2%
Median DOM
16
+14.3%
New Listings
9
−82.0%
Inventory
123
+6.0%
  • Average Price: $1,530,340
  • Median Price: $1,498,000
  • Price Range: $169,000 – $4,799,000
  • Price per Sq Ft (Avg/Median): $1,037 / $971
  • Square Footage (Avg/Median): 1,433 / 1,368
  • Square Footage Range: 564 – 3,600
  • Days on Market (Avg/Median): 31 / 16
  • Days on Market Range: 1 – 225
  • New Listings: 9
  • Total Listings: 123

Sales by Property Type

Condo
Avg/Median Price$856,306 / $780,000Range$399,000 – $1,679,999Price per Sq Ft$820 / $833Sq Ft1,038 / 998DOM38 / 23New2Total25
Manufactured
Avg/Median Price$262,580 / $264,900Range$169,000 – $349,000Price per Sq Ft$273 / $252Sq Ft1,038 / 994DOM58 / 58New1Total5
Multi-Family
Avg/Median Price$3,888,000 / $3,888,000Range$3,888,000 – $3,888,000Price per Sq Ft$1,080 / $1,080Sq Ft3,600 / 3,600DOM98 / 98New0Total1
Single Family
Avg/Median Price$2,448,148 / $2,198,000Range$1,599,999 – $4,799,000Price per Sq Ft$1,494 / $1,498Sq Ft1,682 / 1,664DOM22 / 10New2Total30
Townhouse
Avg/Median Price$1,422,240 / $1,488,000Range$699,000 – $2,048,000Price per Sq Ft$965 / $966Sq Ft1,469 / 1,471DOM30 / 18New4Total62

Sales by Bedroom Count

1 Beds
Avg:$567,608Median:$598,000Range:$399,000 – $699,900PSF:$807 / $763Sq Ft:704 / 662DOM:38 / 31New:0Total:6
2 Beds
Avg:$941,067Median:$978,000Range:$169,000 – $1,599,999PSF:$852 / $877Sq Ft:1,101 / 1,119DOM:37 / 25New:4Total:38
3 Beds
Avg:$1,643,520Median:$1,609,000Range:$280,000 – $2,798,000PSF:$1,129 / $1,024Sq Ft:1,477 / 1,475DOM:23 / 14New:4Total:52
4 Beds
Avg:$2,175,735Median:$1,890,000Range:$950,000 – $4,225,000PSF:$1,159 / $1,073Sq Ft:1,849 / 1,904DOM:38 / 20New:0Total:24
5 Beds
Avg:$3,748,500Median:$2,698,000Range:$2,698,000 – $4,799,000PSF:$1,363 / $1,183Sq Ft:2,695 / 2,281DOM:7 / 4New:1Total:2
7 Beds
Avg:$3,888,000Median:$3,888,000Range:$3,888,000 – $3,888,000PSF:$1,080 / $1,080Sq Ft:3,600 / 3,600DOM:98 / 98New:0Total:1

Rental Market Overview

Median Rent
$3,500
0.0%
Median DOM
4
0.0%
New Listings
17
Inventory
95
−1.0%
  • Average Rent: $3,846
  • Median Rent: $3,500
  • Rent Range: $1,000 – $8,810
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 873 / 833
  • Square Footage Range: 330 – 2,009
  • Days on Market (Avg/Median): 52 / 4
  • Days on Market Range: 1 – 363
  • New Listings: 17
  • Total Listings: 95

Rentals by Property Type

Apartment
$3,300
Median DOM: 13
Inventory: 62
MoM: 0.0%
Condo
$2,995
Median DOM: 1
Inventory: 8
MoM: 0.0%
Single Family
$3,800
Median DOM: 1
Inventory: 15
MoM: 0.0%
Townhouse
$4,500
Median DOM: 1
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$3,865 / $3,300Range$1,950 – $8,810Rent per Sq Ft$5 / $4Sq Ft788 / 775DOM77 / 13New7Total62
Condo
Avg/Median Rent$3,162 / $2,995Range$1,800 – $4,800Rent per Sq Ft$4 / $4Sq Ft842 / 752DOM4 / 1New3Total8
Single Family
Avg/Median Rent$3,804 / $3,800Range$1,000 – $6,500Rent per Sq Ft$4 / $4Sq Ft1,015 / 843DOM22 / 1New5Total15
Townhouse
Avg/Median Rent$4,333 / $4,500Range$2,450 – $5,000Rent per Sq Ft$4 / $4Sq Ft1,172 / 1,078DOM7 / 1New2Total10

Rentals by Bedroom Count

Studio
Avg:$2,636Median:$2,350Range:$2,150 – $3,774PSF:$5 / $5Sq Ft:491 / 500DOM:90 / 1New:1Total:10
1 Beds
Avg:$3,880Median:$3,275Range:$1,000 – $8,810PSF:$5 / $5Sq Ft:645 / 648DOM:49 / 4New:5Total:34
2 Beds
Avg:$3,770Median:$3,500Range:$1,000 – $6,670PSF:$4 / $4Sq Ft:967 / 967DOM:54 / 7New:9Total:39
3 Beds
Avg:$4,986Median:$5,000Range:$3,845 – $6,500PSF:$4 / $4Sq Ft:1,360 / 1,355DOM:30 / 1New:2Total:11
4 Beds
Avg:$5,200Median:$5,200Range:$5,200 – $5,200PSF:$4 / $4Sq Ft:1,324 / 1,324DOM:1 / 1New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,350,000Median DOM:44New:6Total:70
Jan 2026
Median Price:$1,299,800Median DOM:22New:33Total:72
Feb 2026
Median Price:$1,398,000Median DOM:13New:33Total:84
Mar 2026
Median Price:$1,465,000Median DOM:15New:32Total:97
Apr 2026
Median Price:$1,495,000Median DOM:14New:50Total:116
May 2026
Median Price:$1,498,000Median DOM:16New:9Total:123

6-Month Rental Trend

Dec 2025
Median Rent:$3,600Median DOM:8New:32Total:90
Jan 2026
Median Rent:$3,495Median DOM:7New:30Total:96
Feb 2026
Median Rent:$3,395Median DOM:12New:22Total:96
Mar 2026
Median Rent:$3,349Median DOM:14New:27Total:93
Apr 2026
Median Rent:$3,500Median DOM:4New:31Total:96
May 2026
Median Rent:$3,500Median DOM:4New:17Total:95

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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