ZIP 95118 Housing Market Report

Santa Clara Metro

Report period: July 2026

95118 Monthly Market Update – July 2026

ZIP 95118 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,500,000
0.0%
Median DOM (Sales)
27
+8.0%
New Listings (Sales)
4
−90.0%
Median Rent
$4,200
−4.4%
Median DOM (Rental)
3
+50.0%
Total Rental Listings
36
+9.1%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (20 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($1,788,000 median)

Sales Market Overview

Median Price
$1,500,000
0.0%
Median DOM
27
+8.0%
New Listings
4
−90.0%
Inventory
108
−4.4%
  • Average Price: $1,484,798
  • Median Price: $1,500,000
  • Price Range: $419,000 – $3,148,000
  • Price per Sq Ft (Avg/Median): $957 / $1,015
  • Square Footage (Avg/Median): 1,555 / 1,457
  • Square Footage Range: 675 – 3,364
  • Days on Market (Avg/Median): 36 / 27
  • Days on Market Range: 2 – 160
  • New Listings: 4
  • Total Listings: 108

Sales by Property Type

Condo
Avg/Median Price$534,793 / $538,000Range$419,000 – $670,000Price per Sq Ft$627 / $609Sq Ft858 / 824DOM60 / 58New0Total17
Multi-Family
Avg/Median Price$1,651,648 / $1,650,000Range$1,495,000 – $1,799,888Price per Sq Ft$601 / $535Sq Ft2,853 / 2,708DOM48 / 28New0Total6
Single Family
Avg/Median Price$1,725,973 / $1,599,000Range$1,275,000 – $3,148,000Price per Sq Ft$1,076 / $1,055Sq Ft1,629 / 1,544DOM27 / 20New4Total78
Townhouse
Avg/Median Price$961,555 / $950,000Range$835,000 – $1,138,000Price per Sq Ft$731 / $736Sq Ft1,320 / 1,318DOM67 / 58New0Total7

Sales by Bedroom Count

1 Beds
Avg:$472,000Median:$419,000Range:$419,000 – $525,000PSF:$699 / $621Sq Ft:675 / 675DOM:85 / 44New:0Total:2
2 Beds
Avg:$561,405Median:$538,000Range:$470,000 – $835,000PSF:$624 / $609Sq Ft:898 / 903DOM:57 / 58New:0Total:16
3 Beds
Avg:$1,448,060Median:$1,498,888Range:$899,999 – $1,980,000PSF:$1,070 / $1,130Sq Ft:1,370 / 1,360DOM:30 / 20New:1Total:42
4 Beds
Avg:$1,850,268Median:$1,788,000Range:$1,325,000 – $3,148,000PSF:$1,057 / $1,033Sq Ft:1,756 / 1,713DOM:28 / 27New:2Total:35
5 Beds
Avg:$2,098,111Median:$1,690,000Range:$1,450,000 – $2,999,888PSF:$908 / $838Sq Ft:2,298 / 2,150DOM:33 / 28New:1Total:8
6 Beds
Avg:$1,499,000Median:$1,499,000Range:$1,499,000 – $1,499,000PSF:$621 / $621Sq Ft:2,413 / 2,413DOM:25 / 25New:0Total:1
8 Beds
Avg:$1,642,472Median:$1,625,000Range:$1,495,000 – $1,799,888PSF:$536 / $490Sq Ft:3,110 / 3,364DOM:63 / 32New:0Total:4

Rental Market Overview

Median Rent
$4,200
−4.4%
Median DOM
3
+50.0%
New Listings
7
Inventory
36
+9.1%
  • Average Rent: $3,850
  • Median Rent: $4,200
  • Rent Range: $1,250 – $7,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,164 / 1,180
  • Square Footage Range: 432 – 2,150
  • Days on Market (Avg/Median): 14 / 3
  • Days on Market Range: 1 – 105
  • New Listings: 7
  • Total Listings: 36

Rentals by Property Type

Apartment
$2,495
Median DOM: 32
Inventory: 9
MoM: −4.4%
Condo
$2,649
Median DOM: 14
Inventory: 4
MoM: −4.4%
Single Family
$4,695
Median DOM: 1
Inventory: 22
MoM: −4.4%
Townhouse
$3,000
Median DOM: 9
Inventory: 1
MoM: −4.4%
Apartment
Avg/Median Rent$2,502 / $2,495Range$1,950 – $3,295Rent per Sq Ft$4 / $3Sq Ft671 / 640DOM51 / 32New0Total9
Condo
Avg/Median Rent$2,604 / $2,649Range$1,880 – $3,200Rent per Sq Ft$3 / $3Sq Ft768 / 798DOM25 / 14New1Total4
Single Family
Avg/Median Rent$4,667 / $4,695Range$1,250 – $7,500Rent per Sq Ft$3 / $3Sq Ft1,427 / 1,378DOM4 / 1New5Total22
Townhouse
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$3 / $3Sq Ft903 / 903DOM9 / 9New1Total1

Rentals by Bedroom Count

Studio
Avg:$2,565Median:$2,565Range:$2,565 – $2,565PSF:$6 / $6Sq Ft:432 / 432DOM:New:0Total:1
1 Beds
Avg:$2,149Median:$2,125Range:$1,880 – $2,395PSF:$3 / $3Sq Ft:644 / 640DOM:5 / 3New:1Total:5
2 Beds
Avg:$2,761Median:$2,685Range:$2,495 – $3,200PSF:$3 / $3Sq Ft:813 / 800DOM:50 / 26New:1Total:7
3 Beds
Avg:$4,374Median:$4,500Range:$1,250 – $5,250PSF:$3 / $3Sq Ft:1,356 / 1,317DOM:5 / 1New:4Total:20
4 Beds
Avg:$5,495Median:$5,195Range:$5,195 – $5,795PSF:$3 / $3Sq Ft:1,740 / 1,700DOM:1 / 1New:1Total:2
5 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:$3 / $3Sq Ft:2,150 / 2,150DOM:15 / 15New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$1,599,000Median DOM:10New:25Total:54
Mar 2026
Median Price:$1,598,000Median DOM:13New:42Total:85
Apr 2026
Median Price:$1,550,000Median DOM:16New:39Total:99
May 2026
Median Price:$1,499,000Median DOM:20New:34Total:106
Jun 2026
Median Price:$1,500,000Median DOM:25New:40Total:113
Jul 2026
Median Price:$1,500,000Median DOM:27New:4Total:108

6-Month Rental Trend

Feb 2026
Median Rent:$3,095Median DOM:11New:8Total:32
Mar 2026
Median Rent:$2,675Median DOM:14New:7Total:27
Apr 2026
Median Rent:$2,700Median DOM:8New:6Total:18
May 2026
Median Rent:$3,195Median DOM:7New:14Total:29
Jun 2026
Median Rent:$4,395Median DOM:2New:14Total:33
Jul 2026
Median Rent:$4,200Median DOM:3New:7Total:36

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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