ZIP 95123 Housing Market Report
Santa Clara Metro
Report period: July 2026
95123 Monthly Market Update – July 2026
ZIP 95123 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$1,280,000
−1.2%
Median DOM (Sales)
25
+19.0%
New Listings (Sales)
21
−70.8%
Median Rent
$3,195
+1.1%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
82
+5.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,849,888 median)
Sales Market Overview
Median Price
$1,280,000
−1.2%
Median DOM
25
+19.0%
New Listings
21
−70.8%
Inventory
240
−3.2%
- Average Price: $1,122,558
- Median Price: $1,280,000
- Price Range: $165,000 – $2,558,000
- Price per Sq Ft (Avg/Median): $733 / $739
- Square Footage (Avg/Median): 1,517 / 1,440
- Square Footage Range: 543 – 2,948
- Days on Market (Avg/Median): 40 / 25
- Days on Market Range: 1 – 293
- New Listings: 21
- Total Listings: 240
Sales by Property Type
Condo
Avg/Median Price$590,476 / $588,000Range$368,888 – $949,000Price per Sq Ft$610 / $600Sq Ft981 / 959DOM50 / 36New8Total71
Manufactured
Avg/Median Price$451,757 / $429,000Range$165,000 – $699,000Price per Sq Ft$296 / $295Sq Ft1,517 / 1,520DOM81 / 50New1Total20
Multi-Family
Avg/Median Price$1,499,000 / $1,499,000Range$1,499,000 – $1,499,000Price per Sq Ft$738 / $738Sq Ft2,030 / 2,030DOM46 / 46New0Total1
Single Family
Avg/Median Price$1,507,510 / $1,488,000Range$899,000 – $2,558,000Price per Sq Ft$876 / $863Sq Ft1,772 / 1,682DOM28 / 19New11Total136
Townhouse
Avg/Median Price$994,550 / $1,029,800Range$660,000 – $1,249,000Price per Sq Ft$577 / $571Sq Ft1,748 / 1,793DOM40 / 36New1Total12
Sales by Bedroom Count
1 Beds
Avg:$473,698Median:$465,000Range:$368,888 – $588,000PSF:$708 / $742Sq Ft:676 / 690DOM:55 / 36New:0Total:11
2 Beds
Avg:$565,643Median:$568,888Range:$165,000 – $899,000PSF:$576 / $564Sq Ft:1,003 / 959DOM:53 / 33New:8Total:54
3 Beds
Avg:$1,068,069Median:$1,199,000Range:$335,000 – $1,700,000PSF:$738 / $730Sq Ft:1,480 / 1,409DOM:36 / 20New:6Total:83
4 Beds
Avg:$1,518,635Median:$1,499,000Range:$798,888 – $2,249,000PSF:$840 / $861Sq Ft:1,844 / 1,826DOM:32 / 21New:5Total:74
5 Beds
Avg:$1,819,457Median:$1,849,888Range:$1,288,000 – $2,558,000PSF:$767 / $758Sq Ft:2,371 / 2,388DOM:36 / 24New:1Total:17
6 Beds
Avg:$1,699,000Median:$1,699,000Range:$1,699,000 – $1,699,000PSF:$605 / $605Sq Ft:2,809 / 2,809DOM:2 / 2New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $473,698 | $465,000 | $368,888 – $588,000 | $708 / $742 | 676 / 690 | 55 / 36 | 0 | 11 |
| 2 Beds | $565,643 | $568,888 | $165,000 – $899,000 | $576 / $564 | 1,003 / 959 | 53 / 33 | 8 | 54 |
| 3 Beds | $1,068,069 | $1,199,000 | $335,000 – $1,700,000 | $738 / $730 | 1,480 / 1,409 | 36 / 20 | 6 | 83 |
| 4 Beds | $1,518,635 | $1,499,000 | $798,888 – $2,249,000 | $840 / $861 | 1,844 / 1,826 | 32 / 21 | 5 | 74 |
| 5 Beds | $1,819,457 | $1,849,888 | $1,288,000 – $2,558,000 | $767 / $758 | 2,371 / 2,388 | 36 / 24 | 1 | 17 |
| 6 Beds | $1,699,000 | $1,699,000 | $1,699,000 – $1,699,000 | $605 / $605 | 2,809 / 2,809 | 2 / 2 | 1 | 1 |
Rental Market Overview
Median Rent
$3,195
+1.1%
Median DOM
1
−50.0%
New Listings
22
Inventory
82
+5.1%
- Average Rent: $3,430
- Median Rent: $3,195
- Rent Range: $1,279 – $5,995
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,110 / 995
- Square Footage Range: 563 – 2,509
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 329
- New Listings: 22
- Total Listings: 82
Rentals by Property Type
Apartment
$2,995
Median DOM: 101
Inventory: 25
MoM: +1.1%
Condo
$3,095
Median DOM: 1
Inventory: 22
MoM: +1.1%
Single Family
$4,300
Median DOM: 1
Inventory: 32
MoM: +1.1%
Townhouse
$4,000
Median DOM: 1
Inventory: 3
MoM: +1.1%
Apartment
Avg/Median Rent$2,797 / $2,995Range$1,279 – $3,407Rent per Sq Ft$4 / $4Sq Ft782 / 758DOM128 / 101New0Total25
Condo
Avg/Median Rent$3,076 / $3,095Range$1,700 – $4,650Rent per Sq Ft$3 / $3Sq Ft1,010 / 959DOM16 / 1New7Total22
Single Family
Avg/Median Rent$4,126 / $4,300Range$1,950 – $5,995Rent per Sq Ft$3 / $3Sq Ft1,387 / 1,377DOM6 / 1New14Total32
Townhouse
Avg/Median Rent$3,865 / $4,000Range$2,895 – $4,700Rent per Sq Ft$3 / $2Sq Ft1,576 / 903DOM9 / 1New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$2,573Median:$2,669Range:$1,279 – $3,407PSF:$4 / $4Sq Ft:716 / 700DOM:85 / 5New:3Total:26
2 Beds
Avg:$3,098Median:$3,100Range:$2,100 – $4,000PSF:$3 / $3Sq Ft:986 / 959DOM:24 / 1New:6Total:26
3 Beds
Avg:$4,161Median:$4,295Range:$2,100 – $4,900PSF:$3 / $3Sq Ft:1,352 / 1,278DOM:7 / 1New:8Total:18
4 Beds
Avg:$4,788Median:$4,695Range:$4,000 – $5,995PSF:$3 / $3Sq Ft:1,764 / 1,868DOM:8 / 1New:5Total:10
5 Beds
Avg:$5,498Median:$5,495Range:$5,495 – $5,500PSF:$2 / $2Sq Ft:2,351 / 2,193DOM:1 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,573 | $2,669 | $1,279 – $3,407 | $4 / $4 | 716 / 700 | 85 / 5 | 3 | 26 |
| 2 Beds | $3,098 | $3,100 | $2,100 – $4,000 | $3 / $3 | 986 / 959 | 24 / 1 | 6 | 26 |
| 3 Beds | $4,161 | $4,295 | $2,100 – $4,900 | $3 / $3 | 1,352 / 1,278 | 7 / 1 | 8 | 18 |
| 4 Beds | $4,788 | $4,695 | $4,000 – $5,995 | $3 / $3 | 1,764 / 1,868 | 8 / 1 | 5 | 10 |
| 5 Beds | $5,498 | $5,495 | $5,495 – $5,500 | $2 / $2 | 2,351 / 2,193 | 1 / 1 | 0 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$849,000Median DOM:16New:59Total:164
Mar 2026
Median Price:$1,142,000Median DOM:15New:72Total:197
Apr 2026
Median Price:$1,198,000Median DOM:21New:81Total:223
May 2026
Median Price:$1,249,518Median DOM:22New:84Total:245
Jun 2026
Median Price:$1,295,000Median DOM:21New:72Total:248
Jul 2026
Median Price:$1,280,000Median DOM:25New:21Total:240
6-Month Rental Trend
Feb 2026
Median Rent:$2,900Median DOM:5New:25Total:80
Mar 2026
Median Rent:$3,000Median DOM:2New:29Total:70
Apr 2026
Median Rent:$2,990Median DOM:3New:25Total:80
May 2026
Median Rent:$2,995Median DOM:3New:24Total:73
Jun 2026
Median Rent:$3,159Median DOM:2New:32Total:78
Jul 2026
Median Rent:$3,195Median DOM:1New:22Total:82
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.
950029500895013950149502095021950309503295033950359503795044950469505095051950549505595070940229402394024940409404194043940859408694087940899430194304+36 more
← Back to Santa Clara Metro