ZIP 94085 Housing Market Report

Santa Clara Metro

Report period: August 2026

94085 Monthly Market Update – August 2026

ZIP 94085 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$1,399,000
−0.1%
Median DOM (Sales)
27
−12.9%
New Listings (Sales)
3
−80.0%
Median Rent
$2,695
−5.4%
Median DOM (Rental)
11
+10.0%
Total Rental Listings
54
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened.

What's Moving Fastest

  • Fastest selling: Townhouse (17 DOM)
  • Fastest renting: Townhouse (3 DOM)
  • Strongest bedroom: 6 Beds ($3,388,888 median)

Sales Market Overview

Median Price
$1,399,000
−0.1%
Median DOM
27
−12.9%
New Listings
3
−80.0%
Inventory
59
−4.8%
  • Average Price: $1,457,047
  • Median Price: $1,399,000
  • Price Range: $249,900 – $3,649,888
  • Price per Sq Ft (Avg/Median): $923 / $880
  • Square Footage (Avg/Median): 1,559 / 1,530
  • Square Footage Range: 790 – 3,098
  • Days on Market (Avg/Median): 42 / 27
  • Days on Market Range: 2 – 169
  • New Listings: 3
  • Total Listings: 59

Sales by Property Type

Condo
Avg/Median Price$1,008,656 / $835,000Range$480,000 – $1,849,888Price per Sq Ft$792 / $749Sq Ft1,236 / 1,094DOM64 / 53New1Total19
Manufactured
Avg/Median Price$249,900 / $249,900Range$249,900 – $249,900Price per Sq Ft$260 / $260Sq Ft960 / 960DOM81 / 81New0Total1
Multi-Family
Avg/Median Price$2,072,592 / $2,298,888Range$1,620,000 – $2,298,888Price per Sq Ft$846 / $742Sq Ft2,577 / 3,098DOM21 / 27New0Total3
Single Family
Avg/Median Price$1,943,163 / $1,748,000Range$1,198,000 – $3,649,888Price per Sq Ft$1,210 / $1,213Sq Ft1,631 / 1,422DOM33 / 23New0Total17
Townhouse
Avg/Median Price$1,436,833 / $1,488,888Range$798,000 – $1,849,888Price per Sq Ft$844 / $867Sq Ft1,689 / 1,773DOM27 / 17New2Total19

Sales by Bedroom Count

1 Beds
Avg:$624,444Median:$599,888Range:$599,888 – $649,000PSF:$720 / $692Sq Ft:867 / 867DOM:51 / 2New:0Total:2
2 Beds
Avg:$902,991Median:$824,800Range:$480,000 – $1,348,000PSF:$792 / $735Sq Ft:1,154 / 1,078DOM:42 / 33New:0Total:15
3 Beds
Avg:$1,436,599Median:$1,499,000Range:$249,900 – $1,998,000PSF:$975 / $942Sq Ft:1,483 / 1,530DOM:45 / 27New:2Total:26
4 Beds
Avg:$1,732,689Median:$1,690,000Range:$1,388,000 – $2,595,000PSF:$968 / $897Sq Ft:1,804 / 1,781DOM:28 / 18New:1Total:10
5 Beds
Avg:$2,428,500Median:$1,999,000Range:$1,999,000 – $2,858,000PSF:$1,072 / $975Sq Ft:2,248 / 2,050DOM:76 / 51New:0Total:2
6 Beds
Avg:$3,519,388Median:$3,388,888Range:$3,388,888 – $3,649,888PSF:$1,241 / $1,231Sq Ft:2,836 / 2,754DOM:51 / 18New:0Total:2
7 Beds
Avg:$2,298,888Median:$2,298,888Range:$2,298,888 – $2,298,888PSF:$742 / $742Sq Ft:3,098 / 3,098DOM:15 / 2New:0Total:2

Rental Market Overview

Median Rent
$2,695
−5.4%
Median DOM
11
+10.0%
New Listings
5
Inventory
54
0.0%
  • Average Rent: $3,044
  • Median Rent: $2,695
  • Rent Range: $1,000 – $6,400
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 767 / 710
  • Square Footage Range: 350 – 1,875
  • Days on Market (Avg/Median): 50 / 11
  • Days on Market Range: 1 – 277
  • New Listings: 5
  • Total Listings: 54

Rentals by Property Type

Apartment
$2,595
Median DOM: 28
Inventory: 37
MoM: −5.4%
Condo
$3,495
Median DOM: 10
Inventory: 5
MoM: −5.4%
Single Family
$4,700
Median DOM: 11
Inventory: 9
MoM: −5.4%
Townhouse
$5,300
Median DOM: 3
Inventory: 3
MoM: −5.4%
Apartment
Avg/Median Rent$2,720 / $2,595Range$1,000 – $4,857Rent per Sq Ft$4 / $4Sq Ft634 / 675DOM70 / 28New2Total37
Condo
Avg/Median Rent$3,224 / $3,495Range$1,900 – $4,200Rent per Sq Ft$4 / $4Sq Ft845 / 800DOM16 / 10New1Total5
Single Family
Avg/Median Rent$3,779 / $4,700Range$1,000 – $5,950Rent per Sq Ft$4 / $4Sq Ft989 / 1,008DOM11 / 11New1Total9
Townhouse
Avg/Median Rent$4,533 / $5,300Range$1,900 – $6,400Rent per Sq Ft$3 / $3Sq Ft1,596 / 1,534DOM3 / 3New1Total3

Rentals by Bedroom Count

Studio
Avg:$2,207Median:$1,950Range:$1,795 – $3,105PSF:$6 / $5Sq Ft:391 / 352DOM:74 / 1New:0Total:11
1 Beds
Avg:$2,643Median:$2,300Range:$1,000 – $4,360PSF:$4 / $4Sq Ft:631 / 675DOM:69 / 14New:2Total:22
2 Beds
Avg:$3,462Median:$3,450Range:$2,350 – $5,300PSF:$4 / $4Sq Ft:955 / 892DOM:32 / 18New:2Total:15
3 Beds
Avg:$4,723Median:$5,370Range:$1,900 – $5,950PSF:$4 / $4Sq Ft:1,342 / 1,511DOM:6 / 1New:1Total:5
4 Beds
Avg:$6,400Median:$6,400Range:$6,400 – $6,400PSF:$3 / $3Sq Ft:1,875 / 1,875DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$1,498,000Median DOM:14New:34Total:79
Apr 2026
Median Price:$1,549,000Median DOM:19New:33Total:88
May 2026
Median Price:$1,580,000Median DOM:22New:25Total:88
Jun 2026
Median Price:$1,549,950Median DOM:26New:17Total:71
Jul 2026
Median Price:$1,400,000Median DOM:31New:15Total:62
Aug 2026
Median Price:$1,399,000Median DOM:27New:3Total:59

6-Month Rental Trend

Mar 2026
Median Rent:$2,600Median DOM:12New:15Total:53
Apr 2026
Median Rent:$2,650Median DOM:11New:13Total:57
May 2026
Median Rent:$3,177Median DOM:10New:15Total:54
Jun 2026
Median Rent:$2,850Median DOM:19New:12Total:50
Jul 2026
Median Rent:$2,850Median DOM:10New:17Total:54
Aug 2026
Median Rent:$2,695Median DOM:11New:5Total:54

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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