ZIP 94306 Housing Market Report
Santa Clara Metro
Report period: May 2026
94306 Monthly Market Update – May 2026
ZIP 94306 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$2,488,000
−3.4%
Median DOM (Sales)
17
−15.0%
New Listings (Sales)
5
−82.1%
Median Rent
$3,025
−4.0%
Median DOM (Rental)
3
0.0%
Total Rental Listings
77
−1.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (10 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($6,650,000 median)
Sales Market Overview
Median Price
$2,488,000
−3.4%
Median DOM
17
−15.0%
New Listings
5
−82.1%
Inventory
85
+1.2%
- Average Price: $2,678,670
- Median Price: $2,488,000
- Price Range: $700,000 – $7,980,000
- Price per Sq Ft (Avg/Median): $1,591 / $1,548
- Square Footage (Avg/Median): 1,655 / 1,556
- Square Footage Range: 728 – 3,767
- Days on Market (Avg/Median): 28 / 17
- Days on Market Range: 3 – 179
- New Listings: 5
- Total Listings: 85
Sales by Property Type
Condo
Avg/Median Price$1,530,272 / $1,361,000Range$700,000 – $2,685,000Price per Sq Ft$1,159 / $1,169Sq Ft1,311 / 1,355DOM47 / 40New2Total30
Multi-Family
Avg/Median Price$2,575,000 / $2,575,000Range$2,575,000 – $2,575,000Price per Sq Ft$1,430 / $1,430Sq Ft1,801 / 1,801DOM16 / 16New0Total1
Single Family
Avg/Median Price$3,581,635 / $3,295,000Range$1,988,000 – $7,980,000Price per Sq Ft$1,938 / $1,983Sq Ft1,910 / 1,750DOM18 / 10New3Total47
Townhouse
Avg/Median Price$1,552,429 / $1,650,000Range$848,000 – $1,948,000Price per Sq Ft$1,141 / $1,060Sq Ft1,390 / 1,375DOM26 / 20New0Total7
Sales by Bedroom Count
1 Beds
Avg:$1,030,400Median:$998,000Range:$940,000 – $1,148,000PSF:$1,350 / $1,365Sq Ft:766 / 763DOM:58 / 61New:0Total:5
2 Beds
Avg:$1,467,890Median:$1,387,250Range:$700,000 – $2,799,999PSF:$1,219 / $1,060Sq Ft:1,226 / 1,224DOM:43 / 32New:1Total:26
3 Beds
Avg:$2,893,550Median:$2,798,000Range:$1,695,000 – $4,600,000PSF:$1,840 / $1,841Sq Ft:1,616 / 1,619DOM:19 / 10New:3Total:29
4 Beds
Avg:$3,451,229Median:$3,398,000Range:$2,198,000 – $4,980,000PSF:$1,741 / $1,811Sq Ft:1,980 / 1,865DOM:12 / 10New:1Total:17
5 Beds
Avg:$4,886,200Median:$4,588,000Range:$3,695,000 – $6,280,000PSF:$1,753 / $1,737Sq Ft:2,831 / 3,009DOM:20 / 23New:0Total:5
6 Beds
Avg:$7,315,000Median:$6,650,000Range:$6,650,000 – $7,980,000PSF:$2,132 / $2,118Sq Ft:3,434 / 3,100DOM:64 / 52New:0Total:2
8 Beds
Avg:$2,725,000Median:$2,725,000Range:$2,725,000 – $2,725,000PSF:$806 / $806Sq Ft:3,380 / 3,380DOM:36 / 36New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,030,400 | $998,000 | $940,000 – $1,148,000 | $1,350 / $1,365 | 766 / 763 | 58 / 61 | 0 | 5 |
| 2 Beds | $1,467,890 | $1,387,250 | $700,000 – $2,799,999 | $1,219 / $1,060 | 1,226 / 1,224 | 43 / 32 | 1 | 26 |
| 3 Beds | $2,893,550 | $2,798,000 | $1,695,000 – $4,600,000 | $1,840 / $1,841 | 1,616 / 1,619 | 19 / 10 | 3 | 29 |
| 4 Beds | $3,451,229 | $3,398,000 | $2,198,000 – $4,980,000 | $1,741 / $1,811 | 1,980 / 1,865 | 12 / 10 | 1 | 17 |
| 5 Beds | $4,886,200 | $4,588,000 | $3,695,000 – $6,280,000 | $1,753 / $1,737 | 2,831 / 3,009 | 20 / 23 | 0 | 5 |
| 6 Beds | $7,315,000 | $6,650,000 | $6,650,000 – $7,980,000 | $2,132 / $2,118 | 3,434 / 3,100 | 64 / 52 | 0 | 2 |
| 8 Beds | $2,725,000 | $2,725,000 | $2,725,000 – $2,725,000 | $806 / $806 | 3,380 / 3,380 | 36 / 36 | 0 | 1 |
Rental Market Overview
Median Rent
$3,025
−4.0%
Median DOM
3
0.0%
New Listings
10
Inventory
77
−1.3%
- Average Rent: $3,915
- Median Rent: $3,025
- Rent Range: $1,700 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 953 / 780
- Square Footage Range: 420 – 2,332
- Days on Market (Avg/Median): 27 / 3
- Days on Market Range: 1 – 291
- New Listings: 10
- Total Listings: 77
Rentals by Property Type
Apartment
$2,950
Median DOM: 16
Inventory: 44
MoM: −4.0%
Condo
$1,840
Median DOM: 1
Inventory: 13
MoM: −4.0%
Single Family
$7,000
Median DOM: 1
Inventory: 14
MoM: −4.0%
Townhouse
$5,250
Median DOM: 6
Inventory: 6
MoM: −4.0%
Apartment
Avg/Median Rent$3,220 / $2,950Range$2,095 – $5,515Rent per Sq Ft$4 / $4Sq Ft794 / 720DOM54 / 16New4Total44
Condo
Avg/Median Rent$2,761 / $1,840Range$1,700 – $5,350Rent per Sq Ft$3 / $2Sq Ft872 / 780DOM2 / 1New1Total13
Single Family
Avg/Median Rent$6,762 / $7,000Range$2,350 – $10,000Rent per Sq Ft$5 / $5Sq Ft1,367 / 1,387DOM4 / 1New4Total14
Townhouse
Avg/Median Rent$4,872 / $5,250Range$2,200 – $7,200Rent per Sq Ft$4 / $4Sq Ft1,333 / 1,300DOM6 / 6New1Total6
Rentals by Bedroom Count
Studio
Avg:$2,636Median:$2,375Range:$2,095 – $3,300PSF:$5 / $5Sq Ft:593 / 477DOM:16 / 15New:0Total:4
1 Beds
Avg:$2,662Median:$2,595Range:$1,700 – $5,515PSF:$4 / $4Sq Ft:682 / 700DOM:17 / 3New:4Total:39
2 Beds
Avg:$4,074Median:$3,450Range:$2,750 – $6,500PSF:$4 / $4Sq Ft:1,024 / 1,000DOM:69 / 4New:2Total:16
3 Beds
Avg:$6,417Median:$5,540Range:$4,695 – $10,000PSF:$4 / $4Sq Ft:1,476 / 1,420DOM:10 / 1New:3Total:14
4 Beds
Avg:$7,000Median:$7,000Range:$7,000 – $7,000PSF:$5 / $5Sq Ft:1,459 / 1,374DOM:1 / 1New:0Total:2
5 Beds
Avg:$9,048Median:$8,495Range:$8,495 – $9,600PSF:$4 / $4Sq Ft:2,220 / 2,108DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,636 | $2,375 | $2,095 – $3,300 | $5 / $5 | 593 / 477 | 16 / 15 | 0 | 4 |
| 1 Beds | $2,662 | $2,595 | $1,700 – $5,515 | $4 / $4 | 682 / 700 | 17 / 3 | 4 | 39 |
| 2 Beds | $4,074 | $3,450 | $2,750 – $6,500 | $4 / $4 | 1,024 / 1,000 | 69 / 4 | 2 | 16 |
| 3 Beds | $6,417 | $5,540 | $4,695 – $10,000 | $4 / $4 | 1,476 / 1,420 | 10 / 1 | 3 | 14 |
| 4 Beds | $7,000 | $7,000 | $7,000 – $7,000 | $5 / $5 | 1,459 / 1,374 | 1 / 1 | 0 | 2 |
| 5 Beds | $9,048 | $8,495 | $8,495 – $9,600 | $4 / $4 | 2,220 / 2,108 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$2,425,100Median DOM:41New:6Total:49
Jan 2026
Median Price:$2,399,000Median DOM:20New:24Total:47
Feb 2026
Median Price:$2,488,888Median DOM:22New:23Total:61
Mar 2026
Median Price:$2,608,000Median DOM:14New:26Total:69
Apr 2026
Median Price:$2,575,000Median DOM:20New:28Total:84
May 2026
Median Price:$2,488,000Median DOM:17New:5Total:85
6-Month Rental Trend
Dec 2025
Median Rent:$3,295Median DOM:26New:12Total:52
Jan 2026
Median Rent:$3,495Median DOM:22New:10Total:45
Feb 2026
Median Rent:$3,250Median DOM:8New:20Total:55
Mar 2026
Median Rent:$3,150Median DOM:5New:26Total:61
Apr 2026
Median Rent:$3,150Median DOM:3New:26Total:78
May 2026
Median Rent:$3,025Median DOM:3New:10Total:77
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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