ZIP 95121 Housing Market Report
Santa Clara Metro
Report period: May 2026
95121 Monthly Market Update – May 2026
ZIP 95121 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,188,000
−0.8%
Median DOM (Sales)
18
−10.0%
New Listings (Sales)
8
−55.6%
Median Rent
$2,890
+4.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
25
−3.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (12 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($2,498,000 median)
Sales Market Overview
Median Price
$1,188,000
−0.8%
Median DOM
18
−10.0%
New Listings
8
−55.6%
Inventory
53
+3.9%
- Average Price: $1,358,809
- Median Price: $1,188,000
- Price Range: $299,900 – $3,795,000
- Price per Sq Ft (Avg/Median): $765 / $810
- Square Footage (Avg/Median): 1,717 / 1,408
- Square Footage Range: 884 – 4,250
- Days on Market (Avg/Median): 29 / 18
- Days on Market Range: 2 – 195
- New Listings: 8
- Total Listings: 53
Sales by Property Type
Condo
Avg/Median Price$777,693 / $799,950Range$488,000 – $999,900Price per Sq Ft$717 / $762Sq Ft1,072 / 1,050DOM50 / 24New1Total7
Land
Avg/Median Price$2,900,000 / $2,900,000Range$2,900,000 – $2,900,000Price per Sq Ft—Sq Ft—DOM30 / 30New0Total1
Manufactured
Avg/Median Price$472,560 / $498,000Range$299,900 – $639,900Price per Sq Ft$299 / $346Sq Ft1,594 / 1,651DOM64 / 91New0Total5
Single Family
Avg/Median Price$1,685,920 / $1,388,000Range$888,888 – $3,795,000Price per Sq Ft$865 / $860Sq Ft1,979 / 1,594DOM22 / 16New5Total33
Townhouse
Avg/Median Price$810,698 / $785,000Range$568,000 – $998,000Price per Sq Ft$677 / $643Sq Ft1,214 / 1,216DOM14 / 12New2Total7
Sales by Bedroom Count
2 Beds
Avg:$645,231Median:$568,000Range:$299,900 – $848,000PSF:$626 / $643Sq Ft:1,082 / 1,050DOM:34 / 24New:1Total:8
3 Beds
Avg:$1,019,941Median:$999,900Range:$405,000 – $1,500,000PSF:$763 / $821Sq Ft:1,364 / 1,331DOM:35 / 16New:4Total:24
4 Beds
Avg:$1,513,042Median:$1,388,000Range:$749,888 – $2,899,000PSF:$825 / $848Sq Ft:1,829 / 1,594DOM:10 / 9New:3Total:11
5 Beds
Avg:$2,679,250Median:$2,498,000Range:$1,588,000 – $3,795,000PSF:$829 / $746Sq Ft:3,239 / 2,948DOM:34 / 39New:0Total:8
6 Beds
Avg:$1,399,000Median:$1,399,000Range:$1,399,000 – $1,399,000PSF:$758 / $758Sq Ft:1,846 / 1,846DOM:8 / 8New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $645,231 | $568,000 | $299,900 – $848,000 | $626 / $643 | 1,082 / 1,050 | 34 / 24 | 1 | 8 |
| 3 Beds | $1,019,941 | $999,900 | $405,000 – $1,500,000 | $763 / $821 | 1,364 / 1,331 | 35 / 16 | 4 | 24 |
| 4 Beds | $1,513,042 | $1,388,000 | $749,888 – $2,899,000 | $825 / $848 | 1,829 / 1,594 | 10 / 9 | 3 | 11 |
| 5 Beds | $2,679,250 | $2,498,000 | $1,588,000 – $3,795,000 | $829 / $746 | 3,239 / 2,948 | 34 / 39 | 0 | 8 |
| 6 Beds | $1,399,000 | $1,399,000 | $1,399,000 – $1,399,000 | $758 / $758 | 1,846 / 1,846 | 8 / 8 | 0 | 1 |
Rental Market Overview
Median Rent
$2,890
+4.1%
Median DOM
1
0.0%
New Listings
7
Inventory
25
−3.8%
- Average Rent: $3,047
- Median Rent: $2,890
- Rent Range: $1,200 – $6,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 988 / 850
- Square Footage Range: 300 – 2,291
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 221
- New Listings: 7
- Total Listings: 25
Rentals by Property Type
Apartment
$2,100
Median DOM: 1
Inventory: 14
MoM: +4.1%
Condo
$2,890
Median DOM: 1
Inventory: 2
MoM: +4.1%
Single Family
$4,895
Median DOM: 1
Inventory: 7
MoM: +4.1%
Townhouse
$3,400
Median DOM: 4
Inventory: 2
MoM: +4.1%
Apartment
Avg/Median Rent$2,239 / $2,100Range$1,200 – $2,950Rent per Sq Ft$3 / $3Sq Ft696 / 605DOM27 / 1New4Total14
Condo
Avg/Median Rent$2,995 / $2,890Range$2,890 – $3,100Rent per Sq Ft$3 / $3Sq Ft877 / 843DOM6 / 1New1Total2
Single Family
Avg/Median Rent$4,535 / $4,895Range$1,399 – $6,500Rent per Sq Ft$3 / $3Sq Ft1,560 / 1,698DOM12 / 1New1Total7
Townhouse
Avg/Median Rent$3,550 / $3,400Range$3,400 – $3,700Rent per Sq Ft$3 / $3Sq Ft1,135 / 1,050DOM4 / 4New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,350Median:$1,200Range:$1,200 – $1,500PSF:$3 / $2Sq Ft:650 / 300DOM:138 / 54New:0Total:2
1 Beds
Avg:$2,057Median:$2,100Range:$1,399 – $2,495PSF:$4 / $3Sq Ft:587 / 605DOM:7 / 1New:3Total:9
2 Beds
Avg:$2,988Median:$2,900Range:$2,775 – $3,400PSF:$3 / $3Sq Ft:895 / 850DOM:7 / 1New:3Total:7
3 Beds
Avg:$4,798Median:$4,195Range:$3,700 – $6,500PSF:$3 / $3Sq Ft:1,394 / 1,363DOM:19 / 1New:1Total:3
4 Beds
Avg:$4,918Median:$4,895Range:$4,300 – $5,560PSF:$3 / $3Sq Ft:1,907 / 1,732DOM:12 / 13New:0Total:3
5 Beds
Avg:$4,895Median:$4,895Range:$4,895 – $4,895PSF:$3 / $3Sq Ft:1,936 / 1,936DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,350 | $1,200 | $1,200 – $1,500 | $3 / $2 | 650 / 300 | 138 / 54 | 0 | 2 |
| 1 Beds | $2,057 | $2,100 | $1,399 – $2,495 | $4 / $3 | 587 / 605 | 7 / 1 | 3 | 9 |
| 2 Beds | $2,988 | $2,900 | $2,775 – $3,400 | $3 / $3 | 895 / 850 | 7 / 1 | 3 | 7 |
| 3 Beds | $4,798 | $4,195 | $3,700 – $6,500 | $3 / $3 | 1,394 / 1,363 | 19 / 1 | 1 | 3 |
| 4 Beds | $4,918 | $4,895 | $4,300 – $5,560 | $3 / $3 | 1,907 / 1,732 | 12 / 13 | 0 | 3 |
| 5 Beds | $4,895 | $4,895 | $4,895 – $4,895 | $3 / $3 | 1,936 / 1,936 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$1,050,000Median DOM:44New:6Total:35
Jan 2026
Median Price:$868,888Median DOM:16New:16Total:40
Feb 2026
Median Price:$1,030,000Median DOM:15New:16Total:39
Mar 2026
Median Price:$1,099,000Median DOM:15New:18Total:46
Apr 2026
Median Price:$1,198,000Median DOM:20New:18Total:51
May 2026
Median Price:$1,188,000Median DOM:18New:8Total:53
6-Month Rental Trend
Dec 2025
Median Rent:$3,000Median DOM:1New:15Total:25
Jan 2026
Median Rent:$2,800Median DOM:1New:15Total:24
Feb 2026
Median Rent:$2,825Median DOM:1New:16Total:29
Mar 2026
Median Rent:$2,775Median DOM:1New:15Total:30
Apr 2026
Median Rent:$2,775Median DOM:1New:10Total:26
May 2026
Median Rent:$2,890Median DOM:1New:7Total:25
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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