ZIP 94085 Housing Market Report
Santa Clara Metro
Report period: May 2026
94085 Monthly Market Update – May 2026
ZIP 94085 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,588,000
+2.5%
Median DOM (Sales)
17
−10.5%
New Listings (Sales)
9
−72.7%
Median Rent
$2,750
+3.8%
Median DOM (Rental)
12
+9.1%
Total Rental Listings
52
−8.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (9 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,499,000 median)
Sales Market Overview
Median Price
$1,588,000
+2.5%
Median DOM
17
−10.5%
New Listings
9
−72.7%
Inventory
92
+4.5%
- Average Price: $1,539,637
- Median Price: $1,588,000
- Price Range: $599,000 – $3,988,888
- Price per Sq Ft (Avg/Median): $993 / $913
- Square Footage (Avg/Median): 1,542 / 1,536
- Square Footage Range: 790 – 2,918
- Days on Market (Avg/Median): 26 / 17
- Days on Market Range: 3 – 118
- New Listings: 9
- Total Listings: 92
Sales by Property Type
Condo
Avg/Median Price$968,399 / $798,000Range$599,000 – $1,975,000Price per Sq Ft$773 / $712Sq Ft1,217 / 1,134DOM37 / 33New2Total17
Multi-Family
Avg/Median Price$1,611,500 / $1,599,000Range$1,549,000 – $1,649,000Price per Sq Ft$925 / $926Sq Ft1,777 / 1,554DOM11 / 9New0Total4
Single Family
Avg/Median Price$1,960,464 / $1,780,000Range$1,199,888 – $3,988,888Price per Sq Ft$1,257 / $1,276Sq Ft1,575 / 1,540DOM15 / 11New4Total33
Townhouse
Avg/Median Price$1,422,172 / $1,468,000Range$849,000 – $1,910,000Price per Sq Ft$870 / $865Sq Ft1,633 / 1,645DOM31 / 28New3Total38
Sales by Bedroom Count
1 Beds
Avg:$599,000Median:$599,000Range:$599,000 – $599,000PSF:$691 / $691Sq Ft:867 / 867DOM:13 / 13New:0Total:1
2 Beds
Avg:$942,689Median:$849,000Range:$650,000 – $1,199,888PSF:$826 / $783Sq Ft:1,155 / 1,160DOM:32 / 22New:3Total:20
3 Beds
Avg:$1,566,060Median:$1,588,000Range:$775,000 – $2,399,000PSF:$1,050 / $975Sq Ft:1,515 / 1,537DOM:28 / 23New:1Total:40
4 Beds
Avg:$1,804,138Median:$1,675,000Range:$1,468,000 – $2,748,000PSF:$1,028 / $997Sq Ft:1,763 / 1,781DOM:19 / 11New:4Total:26
5 Beds
Avg:$2,335,333Median:$2,499,000Range:$1,649,000 – $2,858,000PSF:$1,104 / $1,168Sq Ft:2,092 / 2,050DOM:30 / 11New:0Total:3
6 Beds
Avg:$2,818,944Median:$1,649,000Range:$1,649,000 – $3,988,888PSF:$1,052 / $737Sq Ft:2,578 / 2,237DOM:10 / 4New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $599,000 | $599,000 | $599,000 – $599,000 | $691 / $691 | 867 / 867 | 13 / 13 | 0 | 1 |
| 2 Beds | $942,689 | $849,000 | $650,000 – $1,199,888 | $826 / $783 | 1,155 / 1,160 | 32 / 22 | 3 | 20 |
| 3 Beds | $1,566,060 | $1,588,000 | $775,000 – $2,399,000 | $1,050 / $975 | 1,515 / 1,537 | 28 / 23 | 1 | 40 |
| 4 Beds | $1,804,138 | $1,675,000 | $1,468,000 – $2,748,000 | $1,028 / $997 | 1,763 / 1,781 | 19 / 11 | 4 | 26 |
| 5 Beds | $2,335,333 | $2,499,000 | $1,649,000 – $2,858,000 | $1,104 / $1,168 | 2,092 / 2,050 | 30 / 11 | 0 | 3 |
| 6 Beds | $2,818,944 | $1,649,000 | $1,649,000 – $3,988,888 | $1,052 / $737 | 2,578 / 2,237 | 10 / 4 | 1 | 2 |
Rental Market Overview
Median Rent
$2,750
+3.8%
Median DOM
12
+9.1%
New Listings
6
Inventory
52
−8.8%
- Average Rent: $3,063
- Median Rent: $2,750
- Rent Range: $1,000 – $6,456
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 716 / 715
- Square Footage Range: 280 – 1,512
- Days on Market (Avg/Median): 49 / 12
- Days on Market Range: 1 – 196
- New Listings: 6
- Total Listings: 52
Rentals by Property Type
Apartment
$2,695
Median DOM: 30
Inventory: 33
MoM: +3.8%
Condo
$2,650
Median DOM: 1
Inventory: 4
MoM: +3.8%
Single Family
$2,750
Median DOM: 1
Inventory: 14
MoM: +3.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +3.8%
Apartment
Avg/Median Rent$3,115 / $2,695Range$1,750 – $6,456Rent per Sq Ft$5 / $4Sq Ft659 / 670DOM74 / 30New2Total33
Condo
Avg/Median Rent$2,875 / $2,650Range$1,800 – $3,775Rent per Sq Ft$4 / $3Sq Ft812 / 800DOM10 / 1New1Total4
Multi-Family
Avg/Median Rent$3,700 / $3,700Range$3,700 – $3,700Rent per Sq Ft$5 / $5Sq Ft777 / 777DOM17 / 17New0Total1
Single Family
Avg/Median Rent$2,948 / $2,750Range$1,000 – $5,390Rent per Sq Ft$3 / $3Sq Ft807 / 867DOM3 / 1New3Total14
Rentals by Bedroom Count
Studio
Avg:$2,003Median:$1,900Range:$1,795 – $2,647PSF:$6 / $5Sq Ft:364 / 352DOM:61 / 1New:1Total:7
1 Beds
Avg:$2,967Median:$2,650Range:$1,000 – $6,456PSF:$4 / $4Sq Ft:654 / 662DOM:63 / 19New:0Total:28
2 Beds
Avg:$3,187Median:$3,275Range:$2,350 – $4,250PSF:$4 / $3Sq Ft:890 / 825DOM:37 / 7New:3Total:11
3 Beds
Avg:$4,522Median:$4,100Range:$3,775 – $5,390PSF:$4 / $4Sq Ft:1,084 / 1,008DOM:12 / 1New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,003 | $1,900 | $1,795 – $2,647 | $6 / $5 | 364 / 352 | 61 / 1 | 1 | 7 |
| 1 Beds | $2,967 | $2,650 | $1,000 – $6,456 | $4 / $4 | 654 / 662 | 63 / 19 | 0 | 28 |
| 2 Beds | $3,187 | $3,275 | $2,350 – $4,250 | $4 / $3 | 890 / 825 | 37 / 7 | 3 | 11 |
| 3 Beds | $4,522 | $4,100 | $3,775 – $5,390 | $4 / $4 | 1,084 / 1,008 | 12 / 1 | 2 | 6 |
6-Month Sales Trend
Dec 2025
Median Price:$1,398,000Median DOM:35New:3Total:32
Jan 2026
Median Price:$1,539,888Median DOM:15New:30Total:47
Feb 2026
Median Price:$1,498,000Median DOM:11New:22Total:57
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:$1,588,000Median DOM:17New:9Total:92
6-Month Rental Trend
Dec 2025
Median Rent:$2,750Median DOM:28New:13Total:55
Jan 2026
Median Rent:$2,550Median DOM:12New:17Total:54
Feb 2026
Median Rent:$2,600Median DOM:9New:13Total:53
Mar 2026
Median Rent:$2,600Median DOM:12New:15Total:53
Apr 2026
Median Rent:$2,650Median DOM:11New:13Total:57
May 2026
Median Rent:$2,750Median DOM:12New:6Total:52
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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