ZIP 95123 Housing Market Report
Santa Clara Metro
Report period: August 2026
95123 Monthly Market Update – August 2026
ZIP 95123 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,249,000
−0.1%
Median DOM (Sales)
30
+3.4%
New Listings (Sales)
17
−68.5%
Median Rent
$3,400
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
86
−3.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (22 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,745,000 median)
Sales Market Overview
Median Price
$1,249,000
−0.1%
Median DOM
30
+3.4%
New Listings
17
−68.5%
Inventory
217
−2.3%
- Average Price: $1,108,510
- Median Price: $1,249,000
- Price Range: $165,000 – $2,558,000
- Price per Sq Ft (Avg/Median): $726 / $727
- Square Footage (Avg/Median): 1,510 / 1,409
- Square Footage Range: 552 – 4,016
- Days on Market (Avg/Median): 45 / 30
- Days on Market Range: 2 – 330
- New Listings: 17
- Total Listings: 217
Sales by Property Type
Condo
Avg/Median Price$598,380 / $595,000Range$368,888 – $949,000Price per Sq Ft$600 / $587Sq Ft1,007 / 989DOM51 / 39New7Total70
Manufactured
Avg/Median Price$411,137 / $399,999Range$165,000 – $595,000Price per Sq Ft$282 / $290Sq Ft1,450 / 1,440DOM93 / 41New0Total16
Multi-Family
Avg/Median Price$1,499,500 / $1,499,000Range$1,499,000 – $1,500,000Price per Sq Ft$680 / $621Sq Ft2,222 / 2,030DOM54 / 31New0Total2
Single Family
Avg/Median Price$1,507,753 / $1,483,000Range$899,000 – $2,558,000Price per Sq Ft$879 / $868Sq Ft1,770 / 1,720DOM35 / 22New9Total117
Townhouse
Avg/Median Price$1,056,317 / $1,040,000Range$628,000 – $1,269,000Price per Sq Ft$571 / $566Sq Ft1,877 / 1,822DOM46 / 45New1Total12
Sales by Bedroom Count
1 Beds
Avg:$480,682Median:$475,000Range:$368,888 – $588,000PSF:$710 / $735Sq Ft:679 / 690DOM:42 / 53New:0Total:7
2 Beds
Avg:$570,756Median:$585,000Range:$165,000 – $899,000PSF:$565 / $562Sq Ft:1,033 / 989DOM:53 / 39New:8Total:61
3 Beds
Avg:$1,078,248Median:$1,219,000Range:$335,000 – $1,500,000PSF:$758 / $791Sq Ft:1,453 / 1,393DOM:48 / 31New:5Total:66
4 Beds
Avg:$1,506,706Median:$1,488,888Range:$998,888 – $2,249,000PSF:$845 / $876Sq Ft:1,826 / 1,826DOM:38 / 22New:4Total:63
5 Beds
Avg:$1,790,605Median:$1,745,000Range:$1,288,000 – $2,558,000PSF:$742 / $739Sq Ft:2,426 / 2,388DOM:39 / 26New:0Total:18
6 Beds
Avg:$2,024,000Median:$1,549,000Range:$1,549,000 – $2,499,000PSF:$765 / $551Sq Ft:2,682 / 2,555DOM:28 / 24New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $480,682 | $475,000 | $368,888 – $588,000 | $710 / $735 | 679 / 690 | 42 / 53 | 0 | 7 |
| 2 Beds | $570,756 | $585,000 | $165,000 – $899,000 | $565 / $562 | 1,033 / 989 | 53 / 39 | 8 | 61 |
| 3 Beds | $1,078,248 | $1,219,000 | $335,000 – $1,500,000 | $758 / $791 | 1,453 / 1,393 | 48 / 31 | 5 | 66 |
| 4 Beds | $1,506,706 | $1,488,888 | $998,888 – $2,249,000 | $845 / $876 | 1,826 / 1,826 | 38 / 22 | 4 | 63 |
| 5 Beds | $1,790,605 | $1,745,000 | $1,288,000 – $2,558,000 | $742 / $739 | 2,426 / 2,388 | 39 / 26 | 0 | 18 |
| 6 Beds | $2,024,000 | $1,549,000 | $1,549,000 – $2,499,000 | $765 / $551 | 2,682 / 2,555 | 28 / 24 | 0 | 2 |
Rental Market Overview
Median Rent
$3,400
+0.1%
Median DOM
1
0.0%
New Listings
11
Inventory
86
−3.4%
- Average Rent: $3,616
- Median Rent: $3,400
- Rent Range: $1,279 – $6,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,162 / 1,100
- Square Footage Range: 563 – 2,509
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 359
- New Listings: 11
- Total Listings: 86
Rentals by Property Type
Apartment
$2,943
Median DOM: 34
Inventory: 25
MoM: +0.1%
Condo
$3,095
Median DOM: 1
Inventory: 21
MoM: +0.1%
Single Family
$4,400
Median DOM: 1
Inventory: 37
MoM: +0.1%
Townhouse
$3,875
Median DOM: 12
Inventory: 3
MoM: +0.1%
Apartment
Avg/Median Rent$2,832 / $2,943Range$1,279 – $3,889Rent per Sq Ft$4 / $4Sq Ft823 / 764DOM138 / 34New0Total25
Condo
Avg/Median Rent$3,222 / $3,095Range$1,700 – $4,650Rent per Sq Ft$3 / $3Sq Ft1,058 / 1,002DOM5 / 1New4Total21
Single Family
Avg/Median Rent$4,348 / $4,400Range$1,950 – $6,800Rent per Sq Ft$3 / $3Sq Ft1,407 / 1,378DOM10 / 1New7Total37
Townhouse
Avg/Median Rent$3,873 / $3,875Range$2,895 – $4,850Rent per Sq Ft$3 / $3Sq Ft1,472 / 1,100DOM9 / 12New0Total3
Rentals by Bedroom Count
1 Beds
Avg:$2,600Median:$2,814Range:$1,279 – $3,407PSF:$4 / $4Sq Ft:716 / 702DOM:121 / 34New:0Total:23
2 Beds
Avg:$3,160Median:$3,100Range:$2,550 – $4,000PSF:$3 / $3Sq Ft:1,024 / 981DOM:15 / 1New:2Total:24
3 Beds
Avg:$4,105Median:$4,200Range:$2,100 – $4,850PSF:$3 / $3Sq Ft:1,319 / 1,260DOM:8 / 1New:4Total:24
4 Beds
Avg:$5,077Median:$4,850Range:$4,395 – $6,800PSF:$3 / $3Sq Ft:1,706 / 1,503DOM:11 / 2New:5Total:13
5 Beds
Avg:$5,400Median:$5,300Range:$5,300 – $5,500PSF:$3 / $2Sq Ft:2,092 / 1,676DOM:8 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,600 | $2,814 | $1,279 – $3,407 | $4 / $4 | 716 / 702 | 121 / 34 | 0 | 23 |
| 2 Beds | $3,160 | $3,100 | $2,550 – $4,000 | $3 / $3 | 1,024 / 981 | 15 / 1 | 2 | 24 |
| 3 Beds | $4,105 | $4,200 | $2,100 – $4,850 | $3 / $3 | 1,319 / 1,260 | 8 / 1 | 4 | 24 |
| 4 Beds | $5,077 | $4,850 | $4,395 – $6,800 | $3 / $3 | 1,706 / 1,503 | 11 / 2 | 5 | 13 |
| 5 Beds | $5,400 | $5,300 | $5,300 – $5,500 | $3 / $2 | 2,092 / 1,676 | 8 / 1 | 0 | 2 |
6-Month Sales Trend
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:$1,250,000Median DOM:29New:54Total:222
Aug 2026
Median Price:$1,249,000Median DOM:30New:17Total:217
6-Month Rental Trend
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:$3,395Median DOM:1New:39Total:89
Aug 2026
Median Rent:$3,400Median DOM:1New:11Total:86
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 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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