ZIP 94089 Housing Market Report
Santa Clara Metro
Report period: May 2026
94089 Monthly Market Update – May 2026
ZIP 94089 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$525,000
+19.6%
Median DOM (Sales)
30
−3.2%
New Listings (Sales)
11
−66.7%
Median Rent
$3,493
+1.5%
Median DOM (Rental)
22
+46.7%
Total Rental Listings
21
−4.5%
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: Single Family (9 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,698,000 median)
Sales Market Overview
Median Price
$525,000
+19.6%
Median DOM
30
−3.2%
New Listings
11
−66.7%
Inventory
111
0.0%
- Average Price: $912,512
- Median Price: $525,000
- Price Range: $130,000 – $5,880,000
- Price per Sq Ft (Avg/Median): $594 / $294
- Square Footage (Avg/Median): 1,512 / 1,522
- Square Footage Range: 1,000 – 2,243
- Days on Market (Avg/Median): 50 / 30
- Days on Market Range: 1 – 307
- New Listings: 11
- Total Listings: 111
Sales by Property Type
Condo
Avg/Median Price$1,219,390 / $1,233,185Range$859,000 – $1,757,928Price per Sq Ft$903 / $911Sq Ft1,338 / 1,304DOM34 / 28New0Total13
Land
Avg/Median Price$5,880,000 / $5,880,000Range$5,880,000 – $5,880,000Price per Sq Ft—Sq Ft—DOM70 / 70New0Total1
Manufactured
Avg/Median Price$335,080 / $331,300Range$130,000 – $529,000Price per Sq Ft$219 / $222Sq Ft1,535 / 1,566DOM71 / 45New6Total57
Single Family
Avg/Median Price$1,605,082 / $1,499,888Range$1,240,000 – $2,995,000Price per Sq Ft$1,259 / $1,309Sq Ft1,305 / 1,108DOM14 / 9New2Total18
Townhouse
Avg/Median Price$1,434,804 / $1,449,950Range$1,181,180 – $1,649,000Price per Sq Ft$838 / $851Sq Ft1,724 / 1,720DOM32 / 33New3Total22
Sales by Bedroom Count
2 Beds
Avg:$761,962Median:$888,000Range:$130,000 – $1,477,160PSF:$578 / $789Sq Ft:1,352 / 1,354DOM:38 / 33New:0Total:25
3 Beds
Avg:$823,876Median:$420,000Range:$199,999 – $1,757,928PSF:$570 / $271Sq Ft:1,530 / 1,591DOM:58 / 30New:9Total:72
4 Beds
Avg:$1,223,077Median:$1,488,000Range:$179,900 – $2,995,000PSF:$701 / $851Sq Ft:1,709 / 1,725DOM:25 / 26New:2Total:11
5 Beds
Avg:$1,793,400Median:$1,698,000Range:$1,698,000 – $1,888,800PSF:$1,047 / $854Sq Ft:1,791 / 1,369DOM:10 / 8New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $761,962 | $888,000 | $130,000 – $1,477,160 | $578 / $789 | 1,352 / 1,354 | 38 / 33 | 0 | 25 |
| 3 Beds | $823,876 | $420,000 | $199,999 – $1,757,928 | $570 / $271 | 1,530 / 1,591 | 58 / 30 | 9 | 72 |
| 4 Beds | $1,223,077 | $1,488,000 | $179,900 – $2,995,000 | $701 / $851 | 1,709 / 1,725 | 25 / 26 | 2 | 11 |
| 5 Beds | $1,793,400 | $1,698,000 | $1,698,000 – $1,888,800 | $1,047 / $854 | 1,791 / 1,369 | 10 / 8 | 0 | 2 |
Rental Market Overview
Median Rent
$3,493
+1.5%
Median DOM
22
+46.7%
New Listings
1
Inventory
21
−4.5%
- Average Rent: $3,748
- Median Rent: $3,493
- Rent Range: $1,200 – $7,000
- Rent per Sq Ft (Avg/Median): $5 / $5
- Square Footage (Avg/Median): 976 / 703
- Square Footage Range: 252 – 2,094
- Days on Market (Avg/Median): 115 / 22
- Days on Market Range: 1 – 358
- New Listings: 1
- Total Listings: 21
Rentals by Property Type
Apartment
$3,291
Median DOM: 131
Inventory: 14
MoM: +1.5%
Condo
$4,095
Median DOM: 1
Inventory: 2
MoM: +1.5%
Single Family
$5,370
Median DOM: 15
Inventory: 3
MoM: +1.5%
Townhouse
$4,000
Median DOM: 1
Inventory: 2
MoM: +1.5%
Apartment
Avg/Median Rent$3,316 / $3,291Range$1,200 – $4,575Rent per Sq Ft$5 / $5Sq Ft751 / 694DOM220 / 131New0Total14
Condo
Avg/Median Rent$4,095 / $4,095Range$4,095 – $4,095Rent per Sq Ft$4 / $4Sq Ft1,126 / 1,126DOM12 / 1New1Total2
Single Family
Avg/Median Rent$4,707 / $5,370Range$1,750 – $7,000Rent per Sq Ft$4 / $3Sq Ft1,411 / 1,888DOM15 / 15New0Total3
Townhouse
Avg/Median Rent$4,992 / $4,000Range$4,000 – $5,985Rent per Sq Ft$3 / $3Sq Ft1,632 / 1,597DOM1 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$2,654Median:$3,254Range:$1,200 – $3,507PSF:$9 / $6Sq Ft:438 / 270DOM:358 / 358New:0Total:3
1 Beds
Avg:$3,134Median:$3,229Range:$1,750 – $3,680PSF:$5 / $5Sq Ft:644 / 687DOM:206 / 131New:0Total:10
2 Beds
Avg:$4,191Median:$4,095Range:$4,000 – $4,575PSF:$3 / $4Sq Ft:1,272 / 1,126DOM:8 / 1New:1Total:4
3 Beds
Avg:$5,142Median:$4,300Range:$4,300 – $5,985PSF:$3 / $3Sq Ft:1,561 / 1,454DOM:112 / 112New:0Total:2
4 Beds
Avg:$7,000Median:$7,000Range:$7,000 – $7,000PSF:$3 / $3Sq Ft:2,094 / 2,094DOM:15 / 15New:0Total:1
5 Beds
Avg:$5,370Median:$5,370Range:$5,370 – $5,370PSF:$3 / $3Sq Ft:1,888 / 1,888DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,654 | $3,254 | $1,200 – $3,507 | $9 / $6 | 438 / 270 | 358 / 358 | 0 | 3 |
| 1 Beds | $3,134 | $3,229 | $1,750 – $3,680 | $5 / $5 | 644 / 687 | 206 / 131 | 0 | 10 |
| 2 Beds | $4,191 | $4,095 | $4,000 – $4,575 | $3 / $4 | 1,272 / 1,126 | 8 / 1 | 1 | 4 |
| 3 Beds | $5,142 | $4,300 | $4,300 – $5,985 | $3 / $3 | 1,561 / 1,454 | 112 / 112 | 0 | 2 |
| 4 Beds | $7,000 | $7,000 | $7,000 – $7,000 | $3 / $3 | 2,094 / 2,094 | 15 / 15 | 0 | 1 |
| 5 Beds | $5,370 | $5,370 | $5,370 – $5,370 | $3 / $3 | 1,888 / 1,888 | — | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$399,000Median DOM:75New:9Total:74
Jan 2026
Median Price:$425,000Median DOM:53New:23Total:72
Feb 2026
Median Price:$425,000Median DOM:31New:28Total:82
Mar 2026
Median Price:$529,000Median DOM:30New:34Total:97
Apr 2026
Median Price:$439,000Median DOM:31New:33Total:111
May 2026
Median Price:$525,000Median DOM:30New:11Total:111
6-Month Rental Trend
Dec 2025
Median Rent:$2,927Median DOM:62New:4Total:23
Jan 2026
Median Rent:$3,020Median DOM:31New:5Total:28
Feb 2026
Median Rent:$3,187Median DOM:34New:2Total:25
Mar 2026
Median Rent:$3,232Median DOM:90New:1Total:19
Apr 2026
Median Rent:$3,443Median DOM:15New:3Total:22
May 2026
Median Rent:$3,493Median DOM:22New:1Total:21
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. 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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