ZIP 95128 Housing Market Report

Santa Clara Metro

Report period: May 2026

95128 Monthly Market Update – May 2026

ZIP 95128 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,498,888
−0.0%
Median DOM (Sales)
22
+10.0%
New Listings (Sales)
11
−57.7%
Median Rent
$2,468
−1.1%
Median DOM (Rental)
23
+53.3%
Total Rental Listings
78
−8.2%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (10 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 8 Beds ($1,925,000 median)

Sales Market Overview

Median Price
$1,498,888
−0.0%
Median DOM
22
+10.0%
New Listings
11
−57.7%
Inventory
101
+1.0%
  • Average Price: $1,461,001
  • Median Price: $1,498,888
  • Price Range: $259,888 – $3,695,000
  • Price per Sq Ft (Avg/Median): $899 / $869
  • Square Footage (Avg/Median): 1,658 / 1,536
  • Square Footage Range: 658 – 7,980
  • Days on Market (Avg/Median): 42 / 22
  • Days on Market Range: 3 – 316
  • New Listings: 11
  • Total Listings: 101

Sales by Property Type

Condo
Avg/Median Price$942,252 / $699,000Range$468,000 – $2,499,000Price per Sq Ft$781 / $763Sq Ft1,166 / 1,020DOM51 / 36New6Total31
Land
Avg/Median Price$2,400,000 / $2,400,000Range$2,400,000 – $2,400,000Price per Sq FtSq FtDOM269 / 269New0Total1
Manufactured
Avg/Median Price$259,888 / $259,888Range$259,888 – $259,888Price per Sq Ft$193 / $193Sq Ft1,344 / 1,344DOM178 / 178New0Total1
Multi-Family
Avg/Median Price$1,729,545 / $1,588,000Range$900,000 – $3,695,000Price per Sq Ft$750 / $774Sq Ft2,581 / 2,080DOM61 / 51New0Total11
Single Family
Avg/Median Price$1,727,725 / $1,668,888Range$919,000 – $2,850,000Price per Sq Ft$1,024 / $1,014Sq Ft1,754 / 1,693DOM28 / 15New5Total53
Townhouse
Avg/Median Price$1,274,250 / $1,149,000Range$1,098,000 – $1,450,000Price per Sq Ft$736 / $684Sq Ft1,726 / 1,693DOM11 / 10New0Total4

Sales by Bedroom Count

1 Beds
Avg:$542,686Median:$560,000Range:$468,000 – $589,000PSF:$779 / $809Sq Ft:698 / 692DOM:36 / 36New:0Total:7
2 Beds
Avg:$870,423Median:$729,888Range:$259,888 – $1,999,000PSF:$827 / $725Sq Ft:1,063 / 986DOM:41 / 25New:7Total:24
3 Beds
Avg:$1,596,796Median:$1,648,000Range:$899,000 – $2,588,000PSF:$1,008 / $1,025Sq Ft:1,606 / 1,536DOM:37 / 15New:3Total:35
4 Beds
Avg:$1,927,402Median:$1,749,000Range:$1,298,000 – $3,695,000PSF:$908 / $911Sq Ft:2,281 / 1,856DOM:30 / 21New:1Total:21
5 Beds
Avg:$1,840,889Median:$1,688,000Range:$1,399,000 – $2,495,000PSF:$848 / $812Sq Ft:2,165 / 2,172DOM:45 / 46New:0Total:10
6 Beds
Avg:$1,887,500Median:$1,600,000Range:$1,600,000 – $2,175,000PSF:$594 / $538Sq Ft:3,159 / 2,976DOM:37 / 28New:0Total:2
8 Beds
Avg:$1,925,000Median:$1,925,000Range:$1,925,000 – $1,925,000PSF:$583 / $583Sq Ft:3,304 / 3,304DOM:236 / 236New:0Total:1

Rental Market Overview

Median Rent
$2,468
−1.1%
Median DOM
23
+53.3%
New Listings
8
Inventory
78
−8.2%
  • Average Rent: $2,799
  • Median Rent: $2,468
  • Rent Range: $1,200 – $8,000
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 881 / 750
  • Square Footage Range: 400 – 3,085
  • Days on Market (Avg/Median): 65 / 23
  • Days on Market Range: 1 – 330
  • New Listings: 8
  • Total Listings: 78

Rentals by Property Type

Apartment
$2,400
Median DOM: 50
Inventory: 51
MoM: −1.1%
Condo
$2,760
Median DOM: 4
Inventory: 7
MoM: −1.1%
Single Family
$3,400
Median DOM: 1
Inventory: 19
MoM: −1.1%
Townhouse
$3,530
Median DOM:
Inventory: 1
MoM: −1.1%
Apartment
Avg/Median Rent$2,482 / $2,400Range$1,550 – $4,250Rent per Sq Ft$4 / $3Sq Ft722 / 675DOM90 / 50New4Total51
Condo
Avg/Median Rent$3,393 / $2,760Range$1,900 – $8,000Rent per Sq Ft$3 / $3Sq Ft1,023 / 828DOM9 / 4New1Total7
Single Family
Avg/Median Rent$3,391 / $3,400Range$1,200 – $6,800Rent per Sq Ft$4 / $4Sq Ft1,271 / 1,099DOM27 / 1New3Total19
Townhouse
Avg/Median Rent$3,530 / $3,530Range$3,530 – $3,530Rent per Sq Ft$3 / $3Sq Ft1,393 / 1,393DOMNew0Total1

Rentals by Bedroom Count

Studio
Avg:$2,329Median:$2,300Range:$1,550 – $3,417PSF:$5 / $5Sq Ft:470 / 420DOM:128 / 90New:0Total:7
1 Beds
Avg:$2,378Median:$2,150Range:$1,690 – $4,250PSF:$4 / $4Sq Ft:675 / 650DOM:84 / 49New:4Total:41
2 Beds
Avg:$2,921Median:$2,750Range:$2,000 – $4,400PSF:$3 / $3Sq Ft:910 / 922DOM:37 / 4New:3Total:19
3 Beds
Avg:$4,211Median:$4,120Range:$1,200 – $8,000PSF:$3 / $3Sq Ft:1,456 / 1,393DOM:18 / 15New:1Total:8
4 Beds
Avg:$6,495Median:$6,495Range:$6,495 – $6,495PSF:$3 / $3Sq Ft:2,053 / 2,053DOM:1 / 1New:0Total:1
5 Beds
Avg:$4,400Median:$2,000Range:$2,000 – $6,800PSF:$2 / $1Sq Ft:2,642 / 2,200DOM:23 / 23New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$1,100,000Median DOM:63New:7Total:40
Jan 2026
Median Price:$1,198,000Median DOM:36New:18Total:47
Feb 2026
Median Price:$1,448,000Median DOM:15New:23Total:60
Mar 2026
Median Price:$1,499,888Median DOM:14New:43Total:89
Apr 2026
Median Price:$1,499,000Median DOM:20New:26Total:100
May 2026
Median Price:$1,498,888Median DOM:22New:11Total:101

6-Month Rental Trend

Dec 2025
Median Rent:$2,345Median DOM:23New:25Total:81
Jan 2026
Median Rent:$2,450Median DOM:16New:26Total:80
Feb 2026
Median Rent:$2,450Median DOM:18New:21Total:76
Mar 2026
Median Rent:$2,500Median DOM:15New:29Total:79
Apr 2026
Median Rent:$2,495Median DOM:15New:24Total:85
May 2026
Median Rent:$2,468Median DOM:23New:8Total:78

Key Market Takeaways

Median sale prices softened 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.

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