ZIP 95118 Housing Market Report

Santa Clara Metro

Report period: March 2026

95118 Monthly Market Update – March 2026

ZIP 95118 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$1,599,000
0.0%
Median DOM (Sales)
12
+20.0%
New Listings (Sales)
17
−32.0%
Median Rent
$2,700
−12.8%
Median DOM (Rental)
4
−63.6%
Total Rental Listings
31
−3.1%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (8 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($1,799,888 median)

Sales Market Overview

Median Price
$1,599,000
0.0%
Median DOM
12
+20.0%
New Listings
17
−32.0%
Inventory
71
+31.5%
  • Average Price: $1,512,122
  • Median Price: $1,599,000
  • Price Range: $435,000 – $2,398,000
  • Price per Sq Ft (Avg/Median): $963 / $1,021
  • Square Footage (Avg/Median): 1,602 / 1,514
  • Square Footage Range: 675 – 3,364
  • Days on Market (Avg/Median): 26 / 12
  • Days on Market Range: 2 – 238
  • New Listings: 17
  • Total Listings: 71

Sales by Property Type

Condo
Avg/Median Price$573,818 / $570,000Range$435,000 – $735,000Price per Sq Ft$673 / $677Sq Ft853 / 810DOM54 / 21New2Total11
Multi-Family
Avg/Median Price$1,616,333 / $1,599,000Range$1,499,000 – $1,750,000Price per Sq Ft$635 / $607Sq Ft2,632 / 2,346DOM58 / 30New0Total6
Single Family
Avg/Median Price$1,714,880 / $1,699,888Range$1,125,000 – $2,398,000Price per Sq Ft$1,073 / $1,082Sq Ft1,642 / 1,528DOM17 / 8New15Total52
Townhouse
Avg/Median Price$1,088,444 / $968,888Range$968,888 – $1,208,000Price per Sq Ft$703 / $572Sq Ft1,572 / 1,450DOM18 / 17New0Total2

Sales by Bedroom Count

1 Beds
Avg:$487,500Median:$498,000Range:$435,000 – $518,000PSF:$649 / $630Sq Ft:756 / 768DOM:102 / 42New:0Total:4
2 Beds
Avg:$623,143Median:$595,000Range:$548,000 – $735,000PSF:$686 / $704Sq Ft:909 / 903DOM:27 / 19New:2Total:7
3 Beds
Avg:$1,616,614Median:$1,598,888Range:$968,888 – $1,998,000PSF:$1,110 / $1,098Sq Ft:1,479 / 1,440DOM:14 / 8New:9Total:28
4 Beds
Avg:$1,700,128Median:$1,699,888Range:$1,125,000 – $2,100,000PSF:$1,027 / $1,030Sq Ft:1,690 / 1,700DOM:20 / 9New:3Total:20
5 Beds
Avg:$1,858,988Median:$1,799,888Range:$1,500,000 – $2,398,000PSF:$852 / $846Sq Ft:2,227 / 2,148DOM:36 / 12New:3Total:9
7 Beds
Avg:$1,600,000Median:$1,600,000Range:$1,600,000 – $1,600,000PSF:$682 / $682Sq Ft:2,346 / 2,346DOM:68 / 68New:0Total:1
8 Beds
Avg:$1,725,000Median:$1,700,000Range:$1,700,000 – $1,750,000PSF:$513 / $505Sq Ft:3,364 / 3,364DOM:42 / 30New:0Total:2

Rental Market Overview

Median Rent
$2,700
−12.8%
Median DOM
4
−63.6%
New Listings
5
Inventory
31
−3.1%
  • Average Rent: $3,267
  • Median Rent: $2,700
  • Rent Range: $1,190 – $5,595
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 994 / 860
  • Square Footage Range: 290 – 2,000
  • Days on Market (Avg/Median): 23 / 4
  • Days on Market Range: 1 – 194
  • New Listings: 5
  • Total Listings: 31

Rentals by Property Type

Apartment
$2,495
Median DOM: 23
Inventory: 13
MoM: −12.8%
Condo
$2,895
Median DOM: 1
Inventory: 1
MoM: −12.8%
Single Family
$4,200
Median DOM: 4
Inventory: 16
MoM: −12.8%
Townhouse
$2,495
Median DOM: 1
Inventory: 1
MoM: −12.8%
Apartment
Avg/Median Rent$2,523 / $2,495Range$1,884 – $3,880Rent per Sq Ft$4 / $3Sq Ft700 / 740DOM18 / 23New2Total13
Condo
Avg/Median Rent$2,895 / $2,895Range$2,895 – $2,895Rent per Sq Ft$3 / $3Sq Ft903 / 903DOM1 / 1New1Total1
Single Family
Avg/Median Rent$3,943 / $4,200Range$1,190 – $5,595Rent per Sq Ft$3 / $3Sq Ft1,232 / 1,282DOM29 / 4New2Total16
Townhouse
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$3 / $3Sq Ft810 / 810DOM1 / 1New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,465Median:$2,465Range:$2,465 – $2,465PSF:$6 / $6Sq Ft:432 / 432DOM:New:0Total:1
1 Beds
Avg:$2,257Median:$2,095Range:$1,190 – $3,880PSF:$4 / $4Sq Ft:533 / 526DOM:79 / 33New:1Total:6
2 Beds
Avg:$2,712Median:$2,595Range:$2,495 – $3,500PSF:$3 / $3Sq Ft:829 / 841DOM:16 / 1New:3Total:12
3 Beds
Avg:$4,158Median:$4,425Range:$2,150 – $4,895PSF:$3 / $3Sq Ft:1,355 / 1,286DOM:12 / 1New:0Total:8
4 Beds
Avg:$4,866Median:$4,675Range:$4,200 – $5,595PSF:$3 / $3Sq Ft:1,560 / 1,500DOM:21 / 1New:1Total:4

6-Month Sales Trend

Oct 2025
Median Price:$1,575,000Median DOM:25New:21Total:81
Nov 2025
Median Price:$1,500,000Median DOM:24New:11Total:63
Dec 2025
Median Price:$1,459,000Median DOM:28New:9Total:42
Jan 2026
Median Price:$1,550,000Median DOM:19New:20Total:42
Feb 2026
Median Price:$1,599,000Median DOM:10New:25Total:54
Mar 2026
Median Price:$1,599,000Median DOM:12New:17Total:71

6-Month Rental Trend

Oct 2025
Median Rent:$2,900Median DOM:1New:12Total:31
Nov 2025
Median Rent:$2,900Median DOM:1New:11Total:26
Dec 2025
Median Rent:$3,500Median DOM:3New:21Total:36
Jan 2026
Median Rent:$3,850Median DOM:6New:13Total:33
Feb 2026
Median Rent:$3,095Median DOM:11New:8Total:32
Mar 2026
Median Rent:$2,700Median DOM:4New:5Total:31

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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.

← Back to Santa Clara Metro