ZIP 95116 Housing Market Report
Santa Clara Metro
Report period: March 2026
95116 Monthly Market Update – March 2026
ZIP 95116 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$888,000
−1.2%
Median DOM (Sales)
31
−8.8%
New Listings (Sales)
7
−70.8%
Median Rent
$2,650
−0.9%
Median DOM (Rental)
15
0.0%
Total Rental Listings
22
−4.3%
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 (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,550,000 median)
Sales Market Overview
Median Price
$888,000
−1.2%
Median DOM
31
−8.8%
New Listings
7
−70.8%
Inventory
65
+4.8%
- Average Price: $869,410
- Median Price: $888,000
- Price Range: $99,900 – $3,250,000
- Price per Sq Ft (Avg/Median): $669 / $617
- Square Footage (Avg/Median): 1,294 / 1,180
- Square Footage Range: 297 – 3,324
- Days on Market (Avg/Median): 60 / 31
- Days on Market Range: 2 – 290
- New Listings: 7
- Total Listings: 65
Sales by Property Type
Condo
Avg/Median Price$548,722 / $528,888Range$386,000 – $719,000Price per Sq Ft$577 / $576Sq Ft955 / 976DOM59 / 21New2Total8
Manufactured
Avg/Median Price$159,345 / $139,990Range$99,900 – $230,000Price per Sq Ft$319 / $339Sq Ft528 / 385DOM62 / 26New2Total8
Multi-Family
Avg/Median Price$1,528,555 / $1,420,000Range$849,999 – $3,250,000Price per Sq Ft$960 / $605Sq Ft1,999 / 1,760DOM109 / 88New0Total9
Single Family
Avg/Median Price$969,523 / $988,000Range$109,990 – $1,550,000Price per Sq Ft$711 / $686Sq Ft1,385 / 1,385DOM42 / 19New3Total33
Townhouse
Avg/Median Price$727,984 / $666,000Range$615,000 – $868,000Price per Sq Ft$603 / $617Sq Ft1,226 / 1,054DOM79 / 39New0Total7
Sales by Bedroom Count
1 Beds
Avg:$163,230Median:$139,990Range:$99,900 – $386,000PSF:$388 / $364Sq Ft:411 / 385DOM:95 / 56New:1Total:8
2 Beds
Avg:$638,537Median:$615,000Range:$195,000 – $999,000PSF:$621 / $589Sq Ft:1,021 / 996DOM:61 / 21New:1Total:18
3 Beds
Avg:$1,008,983Median:$899,000Range:$179,900 – $3,250,000PSF:$822 / $686Sq Ft:1,309 / 1,296DOM:39 / 19New:3Total:19
4 Beds
Avg:$1,128,957Median:$1,086,000Range:$979,888 – $1,400,000PSF:$723 / $682Sq Ft:1,605 / 1,464DOM:50 / 36New:2Total:12
5 Beds
Avg:$1,219,000Median:$988,000Range:$888,000 – $1,850,000PSF:$677 / $580Sq Ft:1,774 / 1,561DOM:62 / 17New:0Total:4
7 Beds
Avg:$1,420,000Median:$1,420,000Range:$1,420,000 – $1,420,000PSF:$560 / $560Sq Ft:2,538 / 2,538DOM:34 / 34New:0Total:1
8 Beds
Avg:$1,566,000Median:$1,550,000Range:$1,550,000 – $1,598,000PSF:$554 / $499Sq Ft:2,901 / 3,104DOM:136 / 62New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $163,230 | $139,990 | $99,900 – $386,000 | $388 / $364 | 411 / 385 | 95 / 56 | 1 | 8 |
| 2 Beds | $638,537 | $615,000 | $195,000 – $999,000 | $621 / $589 | 1,021 / 996 | 61 / 21 | 1 | 18 |
| 3 Beds | $1,008,983 | $899,000 | $179,900 – $3,250,000 | $822 / $686 | 1,309 / 1,296 | 39 / 19 | 3 | 19 |
| 4 Beds | $1,128,957 | $1,086,000 | $979,888 – $1,400,000 | $723 / $682 | 1,605 / 1,464 | 50 / 36 | 2 | 12 |
| 5 Beds | $1,219,000 | $988,000 | $888,000 – $1,850,000 | $677 / $580 | 1,774 / 1,561 | 62 / 17 | 0 | 4 |
| 7 Beds | $1,420,000 | $1,420,000 | $1,420,000 – $1,420,000 | $560 / $560 | 2,538 / 2,538 | 34 / 34 | 0 | 1 |
| 8 Beds | $1,566,000 | $1,550,000 | $1,550,000 – $1,598,000 | $554 / $499 | 2,901 / 3,104 | 136 / 62 | 0 | 3 |
Rental Market Overview
Median Rent
$2,650
−0.9%
Median DOM
15
0.0%
New Listings
4
Inventory
22
−4.3%
- Average Rent: $2,693
- Median Rent: $2,650
- Rent Range: $1,599 – $4,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 892 / 750
- Square Footage Range: 500 – 1,999
- Days on Market (Avg/Median): 33 / 15
- Days on Market Range: 1 – 170
- New Listings: 4
- Total Listings: 22
Rentals by Property Type
Apartment
$2,300
Median DOM: 56
Inventory: 12
MoM: −0.9%
Condo
$2,950
Median DOM: 1
Inventory: 1
MoM: −0.9%
Single Family
$2,700
Median DOM: 1
Inventory: 6
MoM: −0.9%
Townhouse
$3,300
Median DOM: 2
Inventory: 3
MoM: −0.9%
Apartment
Avg/Median Rent$2,313 / $2,300Range$1,599 – $3,000Rent per Sq Ft$3 / $3Sq Ft718 / 634DOM60 / 56New0Total12
Condo
Avg/Median Rent$2,950 / $2,950Range$2,950 – $2,950Rent per Sq Ft$3 / $3Sq Ft1,056 / 1,056DOM1 / 1New1Total1
Single Family
Avg/Median Rent$3,200 / $2,700Range$1,700 – $4,500Rent per Sq Ft$3 / $4Sq Ft1,141 / 1,106DOM7 / 1New2Total6
Townhouse
Avg/Median Rent$3,117 / $3,300Range$2,650 – $3,400Rent per Sq Ft$3 / $3Sq Ft1,120 / 1,180DOM22 / 2New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$2,042Median:$1,750Range:$1,599 – $2,855PSF:$4 / $4Sq Ft:584 / 607DOM:36 / 31New:0Total:8
2 Beds
Avg:$2,753Median:$2,675Range:$2,300 – $3,999PSF:$3 / $3Sq Ft:895 / 850DOM:42 / 3New:2Total:9
3 Beds
Avg:$3,630Median:$3,400Range:$3,000 – $4,500PSF:$3 / $3Sq Ft:1,319 / 1,180DOM:17 / 2New:2Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,042 | $1,750 | $1,599 – $2,855 | $4 / $4 | 584 / 607 | 36 / 31 | 0 | 8 |
| 2 Beds | $2,753 | $2,675 | $2,300 – $3,999 | $3 / $3 | 895 / 850 | 42 / 3 | 2 | 9 |
| 3 Beds | $3,630 | $3,400 | $3,000 – $4,500 | $3 / $3 | 1,319 / 1,180 | 17 / 2 | 2 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$899,888Median DOM:52New:19Total:91
Nov 2025
Median Price:$849,888Median DOM:55New:9Total:84
Dec 2025
Median Price:$868,000Median DOM:61New:8Total:63
Jan 2026
Median Price:$800,000Median DOM:59New:14Total:57
Feb 2026
Median Price:$899,000Median DOM:34New:24Total:62
Mar 2026
Median Price:$888,000Median DOM:31New:7Total:65
6-Month Rental Trend
Oct 2025
Median Rent:$2,700Median DOM:11New:12Total:30
Nov 2025
Median Rent:$2,500Median DOM:11New:11Total:34
Dec 2025
Median Rent:$2,500Median DOM:21New:7Total:30
Jan 2026
Median Rent:$2,695Median DOM:16New:9Total:25
Feb 2026
Median Rent:$2,675Median DOM:15New:5Total:23
Mar 2026
Median Rent:$2,650Median DOM:15New:4Total:22
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.
950029500895013950149502095021950309503295033950359503795044950469505095051950549505595070940229402394024940409404194043940859408694087940899430194304+36 more
← Back to Santa Clara Metro