ZIP 94087 Housing Market Report

Santa Clara Metro

Report period: May 2026

94087 Monthly Market Update – May 2026

ZIP 94087 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$2,498,000
0.0%
Median DOM (Sales)
14
+7.7%
New Listings (Sales)
12
−68.4%
Median Rent
$3,149
+1.0%
Median DOM (Rental)
20
−25.9%
Total Rental Listings
102
+8.5%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($2,998,000 median)

Sales Market Overview

Median Price
$2,498,000
0.0%
Median DOM
14
+7.7%
New Listings
12
−68.4%
Inventory
119
−3.3%
  • Average Price: $2,264,092
  • Median Price: $2,498,000
  • Price Range: $515,000 – $4,299,998
  • Price per Sq Ft (Avg/Median): $1,332 / $1,379
  • Square Footage (Avg/Median): 1,689 / 1,658
  • Square Footage Range: 590 – 3,386
  • Days on Market (Avg/Median): 24 / 14
  • Days on Market Range: 5 – 216
  • New Listings: 12
  • Total Listings: 119

Sales by Property Type

Condo
Avg/Median Price$838,254 / $766,000Range$515,000 – $1,698,888Price per Sq Ft$838 / $870Sq Ft995 / 930DOM26 / 14New3Total7
Land
Avg/Median Price$2,699,998 / $2,699,998Range$2,699,998 – $2,699,998Price per Sq FtSq FtDOM97 / 97New0Total1
Multi-Family
Avg/Median Price$2,250,000 / $2,250,000Range$2,250,000 – $2,250,000Price per Sq Ft$810 / $810Sq Ft2,778 / 2,778DOM95 / 95New0Total1
Single Family
Avg/Median Price$2,723,130 / $2,698,000Range$948,000 – $4,299,998Price per Sq Ft$1,529 / $1,536Sq Ft1,834 / 1,782DOM17 / 11New6Total82
Townhouse
Avg/Median Price$1,261,163 / $1,199,888Range$799,000 – $1,719,000Price per Sq Ft$902 / $880Sq Ft1,404 / 1,300DOM38 / 20New3Total28

Sales by Bedroom Count

1 Beds
Avg:$535,000Median:$515,000Range:$515,000 – $555,000PSF:$822 / $703Sq Ft:662 / 590DOM:16 / 5New:1Total:2
2 Beds
Avg:$1,009,571Median:$998,000Range:$699,000 – $1,325,000PSF:$871 / $833Sq Ft:1,173 / 1,171DOM:38 / 20New:4Total:22
3 Beds
Avg:$2,175,130Median:$2,388,000Range:$825,000 – $3,188,000PSF:$1,475 / $1,584Sq Ft:1,515 / 1,522DOM:21 / 13New:3Total:41
4 Beds
Avg:$2,886,517Median:$2,888,000Range:$2,288,950 – $4,299,998PSF:$1,510 / $1,488Sq Ft:1,939 / 1,864DOM:16 / 10New:2Total:38
5 Beds
Avg:$3,067,769Median:$2,998,000Range:$2,488,000 – $4,208,888PSF:$1,250 / $1,243Sq Ft:2,478 / 2,365DOM:23 / 19New:2Total:11
6 Beds
Avg:$2,708,250Median:$2,590,000Range:$2,250,000 – $2,998,000PSF:$1,133 / $1,269Sq Ft:2,469 / 2,360DOM:36 / 16New:0Total:4

Rental Market Overview

Median Rent
$3,149
+1.0%
Median DOM
20
−25.9%
New Listings
13
Inventory
102
+8.5%
  • Average Rent: $3,520
  • Median Rent: $3,149
  • Rent Range: $1,000 – $9,680
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 968 / 772
  • Square Footage Range: 300 – 3,200
  • Days on Market (Avg/Median): 61 / 20
  • Days on Market Range: 1 – 350
  • New Listings: 13
  • Total Listings: 102

Rentals by Property Type

Apartment
$3,095
Median DOM: 37
Inventory: 79
MoM: +1.0%
Condo
$3,100
Median DOM: 1
Inventory: 5
MoM: +1.0%
Single Family
$5,695
Median DOM: 1
Inventory: 16
MoM: +1.0%
Townhouse
$3,800
Median DOM: 1
Inventory: 2
MoM: +1.0%
Apartment
Avg/Median Rent$3,127 / $3,095Range$1,700 – $9,680Rent per Sq Ft$4 / $4Sq Ft823 / 693DOM80 / 37New4Total79
Condo
Avg/Median Rent$3,110 / $3,100Range$2,800 – $3,700Rent per Sq Ft$4 / $4Sq Ft881 / 850DOM6 / 1New2Total5
Single Family
Avg/Median Rent$5,521 / $5,695Range$1,000 – $8,900Rent per Sq Ft$4 / $3Sq Ft1,596 / 1,664DOM2 / 1New6Total16
Townhouse
Avg/Median Rent$4,088 / $3,800Range$3,800 – $4,375Rent per Sq Ft$3 / $3Sq Ft1,292 / 1,209DOM1 / 1New1Total2

Rentals by Bedroom Count

Studio
Avg:$2,236Median:$2,095Range:$1,700 – $3,500PSF:$4 / $4Sq Ft:586 / 500DOM:94 / 1New:1Total:10
1 Beds
Avg:$2,843Median:$2,895Range:$1,000 – $3,700PSF:$4 / $5Sq Ft:721 / 693DOM:88 / 40New:2Total:44
2 Beds
Avg:$3,638Median:$3,400Range:$2,495 – $9,680PSF:$4 / $4Sq Ft:980 / 950DOM:39 / 12New:6Total:33
3 Beds
Avg:$4,668Median:$4,645Range:$3,700 – $5,695PSF:$3 / $3Sq Ft:1,539 / 1,542DOM:32 / 1New:2Total:7
4 Beds
Avg:$7,362Median:$6,960Range:$6,500 – $8,900PSF:$4 / $4Sq Ft:2,034 / 1,879DOM:3 / 1New:2Total:8

6-Month Sales Trend

Dec 2025
Median Price:$2,199,000Median DOM:21New:7Total:42
Jan 2026
Median Price:$2,379,000Median DOM:14New:20Total:39
Feb 2026
Median Price:$2,399,988Median DOM:10New:41Total:70
Mar 2026
Median Price:$2,498,000Median DOM:10New:58Total:120
Apr 2026
Median Price:$2,498,000Median DOM:13New:38Total:123
May 2026
Median Price:$2,498,000Median DOM:14New:12Total:119

6-Month Rental Trend

Dec 2025
Median Rent:$3,195Median DOM:33New:31Total:117
Jan 2026
Median Rent:$3,171Median DOM:22New:28Total:109
Feb 2026
Median Rent:$3,195Median DOM:26New:19Total:99
Mar 2026
Median Rent:$3,140Median DOM:21New:33Total:92
Apr 2026
Median Rent:$3,117Median DOM:27New:19Total:94
May 2026
Median Rent:$3,149Median DOM:20New:13Total:102

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.

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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