ZIP 95116 Housing Market Report
Santa Clara Metro
Report period: July 2026
95116 Monthly Market Update – July 2026
ZIP 95116 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$899,999
−2.7%
Median DOM (Sales)
37
0.0%
New Listings (Sales)
8
−69.2%
Median Rent
$2,950
+14.6%
Median DOM (Rental)
20
+53.8%
Total Rental Listings
30
−6.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (29 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 7 Beds ($1,420,000 median)
Sales Market Overview
Median Price
$899,999
−2.7%
Median DOM
37
0.0%
New Listings
8
−69.2%
Inventory
97
−2.0%
- Average Price: $836,004
- Median Price: $899,999
- Price Range: $109,990 – $1,595,000
- Price per Sq Ft (Avg/Median): $683 / $641
- Square Footage (Avg/Median): 1,273 / 1,109
- Square Footage Range: 297 – 3,656
- Days on Market (Avg/Median): 58 / 37
- Days on Market Range: 1 – 252
- New Listings: 8
- Total Listings: 97
Sales by Property Type
Condo
Avg/Median Price$494,708 / $499,888Range$355,000 – $669,000Price per Sq Ft$599 / $582Sq Ft836 / 849DOM43 / 35New3Total26
Manufactured
Avg/Median Price$167,481 / $179,000Range$109,990 – $240,000Price per Sq Ft$320 / $319Sq Ft578 / 576DOM131 / 117New0Total7
Multi-Family
Avg/Median Price$1,381,161 / $1,420,000Range$1,050,000 – $1,595,000Price per Sq Ft$610 / $560Sq Ft2,463 / 2,538DOM79 / 77New0Total11
Single Family
Avg/Median Price$1,030,268 / $999,950Range$725,000 – $1,400,000Price per Sq Ft$827 / $798Sq Ft1,344 / 1,250DOM50 / 29New5Total45
Townhouse
Avg/Median Price$687,847 / $698,888Range$399,888 – $925,000Price per Sq Ft$563 / $589Sq Ft1,259 / 1,091DOM57 / 37New0Total8
Sales by Bedroom Count
1 Beds
Avg:$348,043Median:$379,950Range:$109,990 – $525,000PSF:$565 / $555Sq Ft:602 / 633DOM:73 / 37New:0Total:14
2 Beds
Avg:$637,545Median:$599,999Range:$179,000 – $999,950PSF:$684 / $627Sq Ft:942 / 902DOM:48 / 35New:4Total:31
3 Beds
Avg:$956,012Median:$958,000Range:$179,900 – $1,500,000PSF:$755 / $727Sq Ft:1,357 / 1,250DOM:49 / 30New:4Total:28
4 Beds
Avg:$1,147,333Median:$1,100,000Range:$900,000 – $1,400,000PSF:$749 / $706Sq Ft:1,578 / 1,500DOM:69 / 47New:0Total:12
5 Beds
Avg:$1,301,555Median:$1,258,888Range:$1,000,000 – $1,495,000PSF:$741 / $724Sq Ft:1,749 / 1,738DOM:56 / 29New:0Total:5
6 Beds
Avg:$1,058,944Median:$1,049,000Range:$1,049,000 – $1,068,888PSF:$438 / $372Sq Ft:2,472 / 2,123DOM:43 / 19New:0Total:2
7 Beds
Avg:$1,460,000Median:$1,420,000Range:$1,420,000 – $1,500,000PSF:$499 / $439Sq Ft:2,979 / 2,538DOM:101 / 77New:0Total:2
8 Beds
Avg:$1,457,963Median:$1,390,000Range:$1,388,888 – $1,595,000PSF:$473 / $479Sq Ft:3,082 / 3,104DOM:103 / 74New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $348,043 | $379,950 | $109,990 – $525,000 | $565 / $555 | 602 / 633 | 73 / 37 | 0 | 14 |
| 2 Beds | $637,545 | $599,999 | $179,000 – $999,950 | $684 / $627 | 942 / 902 | 48 / 35 | 4 | 31 |
| 3 Beds | $956,012 | $958,000 | $179,900 – $1,500,000 | $755 / $727 | 1,357 / 1,250 | 49 / 30 | 4 | 28 |
| 4 Beds | $1,147,333 | $1,100,000 | $900,000 – $1,400,000 | $749 / $706 | 1,578 / 1,500 | 69 / 47 | 0 | 12 |
| 5 Beds | $1,301,555 | $1,258,888 | $1,000,000 – $1,495,000 | $741 / $724 | 1,749 / 1,738 | 56 / 29 | 0 | 5 |
| 6 Beds | $1,058,944 | $1,049,000 | $1,049,000 – $1,068,888 | $438 / $372 | 2,472 / 2,123 | 43 / 19 | 0 | 2 |
| 7 Beds | $1,460,000 | $1,420,000 | $1,420,000 – $1,500,000 | $499 / $439 | 2,979 / 2,538 | 101 / 77 | 0 | 2 |
| 8 Beds | $1,457,963 | $1,390,000 | $1,388,888 – $1,595,000 | $473 / $479 | 3,082 / 3,104 | 103 / 74 | 0 | 3 |
Rental Market Overview
Median Rent
$2,950
+14.6%
Median DOM
20
+53.8%
New Listings
4
Inventory
30
−6.3%
- Average Rent: $2,970
- Median Rent: $2,950
- Rent Range: $1,050 – $6,700
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,010 / 850
- Square Footage Range: 469 – 2,697
- Days on Market (Avg/Median): 31 / 20
- Days on Market Range: 1 – 269
- New Listings: 4
- Total Listings: 30
Rentals by Property Type
Apartment
$1,895
Median DOM: 32
Inventory: 14
MoM: +14.6%
Condo
$1,850
Median DOM: 4
Inventory: 1
MoM: +14.6%
Single Family
$3,795
Median DOM: 7
Inventory: 13
MoM: +14.6%
Townhouse
$3,200
Median DOM: 1
Inventory: 2
MoM: +14.6%
Apartment
Avg/Median Rent$2,208 / $1,895Range$1,599 – $3,320Rent per Sq Ft$3 / $3Sq Ft773 / 634DOM27 / 32New1Total14
Condo
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$3 / $3Sq Ft633 / 633DOM4 / 4New0Total1
Single Family
Avg/Median Rent$3,833 / $3,795Range$1,050 – $6,700Rent per Sq Ft$3 / $4Sq Ft1,269 / 1,120DOM41 / 7New2Total13
Townhouse
Avg/Median Rent$3,250 / $3,200Range$3,200 – $3,300Rent per Sq Ft$3 / $3Sq Ft1,172 / 1,165DOM4 / 1New1Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,893Median:$1,850Range:$1,050 – $2,799PSF:$3 / $3Sq Ft:629 / 607DOM:20 / 20New:1Total:14
2 Beds
Avg:$3,239Median:$3,199Range:$2,950 – $3,795PSF:$3 / $4Sq Ft:1,013 / 900DOM:39 / 41New:0Total:8
3 Beds
Avg:$3,650Median:$3,300Range:$3,200 – $4,300PSF:$3 / $3Sq Ft:1,232 / 1,165DOM:4 / 1New:2Total:4
4 Beds
Avg:$4,742Median:$4,285Range:$4,285 – $5,200PSF:$2 / $2Sq Ft:1,932 / 1,760DOM:135 / 1New:1Total:2
6 Beds
Avg:$6,300Median:$5,900Range:$5,900 – $6,700PSF:$3 / $2Sq Ft:2,298 / 1,900DOM:11 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,893 | $1,850 | $1,050 – $2,799 | $3 / $3 | 629 / 607 | 20 / 20 | 1 | 14 |
| 2 Beds | $3,239 | $3,199 | $2,950 – $3,795 | $3 / $4 | 1,013 / 900 | 39 / 41 | 0 | 8 |
| 3 Beds | $3,650 | $3,300 | $3,200 – $4,300 | $3 / $3 | 1,232 / 1,165 | 4 / 1 | 2 | 4 |
| 4 Beds | $4,742 | $4,285 | $4,285 – $5,200 | $2 / $2 | 1,932 / 1,760 | 135 / 1 | 1 | 2 |
| 6 Beds | $6,300 | $5,900 | $5,900 – $6,700 | $3 / $2 | 2,298 / 1,900 | 11 / 1 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$899,000Median DOM:34New:24Total:62
Mar 2026
Median Price:$905,000Median DOM:23New:30Total:77
Apr 2026
Median Price:$925,000Median DOM:32New:24Total:90
May 2026
Median Price:$969,000Median DOM:42New:24Total:92
Jun 2026
Median Price:$925,000Median DOM:37New:26Total:99
Jul 2026
Median Price:$899,999Median DOM:37New:8Total:97
6-Month Rental Trend
Feb 2026
Median Rent:$2,675Median DOM:15New:5Total:23
Mar 2026
Median Rent:$2,650Median DOM:13New:10Total:27
Apr 2026
Median Rent:$2,575Median DOM:20New:4Total:25
May 2026
Median Rent:$2,575Median DOM:20New:9Total:29
Jun 2026
Median Rent:$2,575Median DOM:13New:13Total:32
Jul 2026
Median Rent:$2,950Median DOM:20New:4Total:30
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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