ZIP 94306 Housing Market Report

Santa Clara Metro

Report period: August 2026

94306 Monthly Market Update – August 2026

ZIP 94306 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$2,675,000
−0.9%
Median DOM (Sales)
19
−9.5%
New Listings (Sales)
6
−64.7%
Median Rent
$3,550
+1.6%
Median DOM (Rental)
4
0.0%
Total Rental Listings
63
+10.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (10 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($4,795,000 median)

Sales Market Overview

Median Price
$2,675,000
−0.9%
Median DOM
19
−9.5%
New Listings
6
−64.7%
Inventory
66
−2.9%
  • Average Price: $2,723,421
  • Median Price: $2,675,000
  • Price Range: $598,000 – $5,998,000
  • Price per Sq Ft (Avg/Median): $1,577 / $1,549
  • Square Footage (Avg/Median): 1,714 / 1,570
  • Square Footage Range: 639 – 3,635
  • Days on Market (Avg/Median): 34 / 19
  • Days on Market Range: 2 – 149
  • New Listings: 6
  • Total Listings: 66

Sales by Property Type

Condo
Avg/Median Price$1,479,000 / $1,285,000Range$598,000 – $2,685,000Price per Sq Ft$1,058 / $995Sq Ft1,351 / 1,310DOM51 / 45New1Total22
Multi-Family
Avg/Median Price$2,716,667 / $2,500,000Range$2,300,000 – $3,350,000Price per Sq Ft$1,155 / $1,120Sq Ft2,420 / 2,232DOM44 / 41New0Total3
Single Family
Avg/Median Price$3,637,939 / $3,488,000Range$1,930,000 – $5,998,000Price per Sq Ft$1,982 / $1,892Sq Ft1,924 / 1,845DOM20 / 10New5Total36
Townhouse
Avg/Median Price$1,618,400 / $1,595,000Range$1,460,000 – $1,888,000Price per Sq Ft$1,196 / $1,090Sq Ft1,385 / 1,406DOM54 / 55New0Total5

Sales by Bedroom Count

1 Beds
Avg:$755,667Median:$699,000Range:$598,000 – $970,000PSF:$993 / $961Sq Ft:754 / 727DOM:19 / 20New:0Total:3
2 Beds
Avg:$1,718,636Median:$1,460,000Range:$888,000 – $3,898,000PSF:$1,419 / $1,060Sq Ft:1,249 / 1,224DOM:48 / 50New:1Total:22
3 Beds
Avg:$2,907,694Median:$2,685,000Range:$1,495,000 – $4,795,000PSF:$1,717 / $1,694Sq Ft:1,716 / 1,695DOM:30 / 14New:0Total:17
4 Beds
Avg:$3,488,765Median:$3,488,000Range:$1,995,000 – $4,750,000PSF:$1,779 / $1,850Sq Ft:1,971 / 2,015DOM:23 / 10New:4Total:17
5 Beds
Avg:$4,738,167Median:$4,795,000Range:$3,350,000 – $5,998,000PSF:$1,554 / $1,599Sq Ft:3,084 / 2,945DOM:26 / 12New:1Total:6
8 Beds
Avg:$2,500,000Median:$2,500,000Range:$2,500,000 – $2,500,000PSF:$1,120 / $1,120Sq Ft:2,232 / 2,232DOM:72 / 72New:0Total:1

Rental Market Overview

Median Rent
$3,550
+1.6%
Median DOM
4
0.0%
New Listings
12
Inventory
63
+10.5%
  • Average Rent: $4,391
  • Median Rent: $3,550
  • Rent Range: $1,700 – $9,700
  • Rent per Sq Ft (Avg/Median): $5 / $4
  • Square Footage (Avg/Median): 1,052 / 775
  • Square Footage Range: 350 – 3,298
  • Days on Market (Avg/Median): 33 / 4
  • Days on Market Range: 1 – 359
  • New Listings: 12
  • Total Listings: 63

Rentals by Property Type

Apartment
$2,995
Median DOM: 19
Inventory: 36
MoM: +1.6%
Condo
$2,250
Median DOM: 4
Inventory: 8
MoM: +1.6%
Single Family
$6,300
Median DOM: 1
Inventory: 16
MoM: +1.6%
Townhouse
$6,800
Median DOM: 1
Inventory: 3
MoM: +1.6%
Apartment
Avg/Median Rent$3,532 / $2,995Range$2,295 – $9,250Rent per Sq Ft$5 / $4Sq Ft759 / 716DOM65 / 19New4Total36
Condo
Avg/Median Rent$3,331 / $2,250Range$1,700 – $7,000Rent per Sq Ft$3 / $3Sq Ft1,063 / 812DOM10 / 4New0Total8
Single Family
Avg/Median Rent$6,421 / $6,300Range$1,800 – $9,700Rent per Sq Ft$4 / $4Sq Ft1,664 / 1,619DOM4 / 1New7Total16
Townhouse
Avg/Median Rent$6,707 / $6,800Range$6,370 – $6,950Rent per Sq Ft$5 / $4Sq Ft1,475 / 1,554DOM1 / 1New1Total3

Rentals by Bedroom Count

Studio
Avg:$2,942Median:$2,545Range:$2,295 – $4,397PSF:$6 / $5Sq Ft:504 / 480DOM:55 / 16New:0Total:8
1 Beds
Avg:$3,132Median:$2,800Range:$1,700 – $6,865PSF:$4 / $4Sq Ft:797 / 725DOM:53 / 4New:3Total:30
2 Beds
Avg:$5,794Median:$4,950Range:$3,925 – $9,250PSF:$5 / $4Sq Ft:1,210 / 1,030DOM:18 / 1New:3Total:9
3 Beds
Avg:$6,139Median:$6,370Range:$4,050 – $7,500PSF:$4 / $4Sq Ft:1,608 / 1,570DOM:2 / 1New:5Total:13
4 Beds
Avg:$9,065Median:$9,495Range:$8,000 – $9,700PSF:$4 / $4Sq Ft:2,230 / 2,251DOM:11 / 1New:1Total:3

6-Month Sales Trend

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:$2,685,000Median DOM:17New:24Total:77
Jun 2026
Median Price:$2,675,000Median DOM:16New:25Total:70
Jul 2026
Median Price:$2,700,000Median DOM:21New:17Total:68
Aug 2026
Median Price:$2,675,000Median DOM:19New:6Total:66

6-Month Rental Trend

Mar 2026
Median Rent:$3,150Median DOM:5New:26Total:61
Apr 2026
Median Rent:$3,150Median DOM:3New:26Total:78
May 2026
Median Rent:$3,075Median DOM:3New:20Total:68
Jun 2026
Median Rent:$3,495Median DOM:4New:20Total:69
Jul 2026
Median Rent:$3,495Median DOM:4New:14Total:57
Aug 2026
Median Rent:$3,550Median DOM:4New:12Total:63

Key Market Takeaways

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