ZIP 95148 Housing Market Report

Santa Clara Metro

Report period: May 2026

95148 Monthly Market Update – May 2026

ZIP 95148 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,569,000
−1.3%
Median DOM (Sales)
15
+15.4%
New Listings (Sales)
9
−55.0%
Median Rent
$3,500
0.0%
Median DOM (Rental)
14
0.0%
Total Rental Listings
14
−6.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Manufactured (10 DOM)
  • Fastest renting: Single Family (14 DOM)
  • Strongest bedroom: 5 Beds ($2,089,900 median)

Sales Market Overview

Median Price
$1,569,000
−1.3%
Median DOM
15
+15.4%
New Listings
9
−55.0%
Inventory
61
+7.0%
  • Average Price: $1,566,472
  • Median Price: $1,569,000
  • Price Range: $499,000 – $3,380,000
  • Price per Sq Ft (Avg/Median): $836 / $836
  • Square Footage (Avg/Median): 1,895 / 1,840
  • Square Footage Range: 1,197 – 3,543
  • Days on Market (Avg/Median): 25 / 15
  • Days on Market Range: 3 – 168
  • New Listings: 9
  • Total Listings: 61

Sales by Property Type

Land
Avg/Median Price$599,000 / $599,000Range$599,000 – $599,000Price per Sq FtSq FtDOM81 / 81New0Total1
Manufactured
Avg/Median Price$549,000 / $499,000Range$499,000 – $599,000Price per Sq Ft$347 / $327Sq Ft1,580 / 1,528DOM89 / 10New1Total2
Single Family
Avg/Median Price$1,701,775 / $1,599,000Range$888,000 – $3,380,000Price per Sq Ft$879 / $871Sq Ft1,958 / 1,968DOM20 / 14New7Total52
Townhouse
Avg/Median Price$894,250 / $850,000Range$799,000 – $997,500Price per Sq Ft$626 / $577Sq Ft1,450 / 1,460DOM42 / 21New1Total6

Sales by Bedroom Count

2 Beds
Avg:$850,000Median:$850,000Range:$850,000 – $850,000PSF:$577 / $577Sq Ft:1,473 / 1,473DOM:9 / 5New:1Total:2
3 Beds
Avg:$1,420,902Median:$1,348,888Range:$499,000 – $3,125,000PSF:$898 / $907Sq Ft:1,580 / 1,515DOM:27 / 13New:3Total:20
4 Beds
Avg:$1,590,499Median:$1,580,000Range:$799,000 – $2,388,000PSF:$812 / $796Sq Ft:1,962 / 1,973DOM:28 / 21New:4Total:28
5 Beds
Avg:$2,081,643Median:$2,089,900Range:$1,399,999 – $3,380,000PSF:$844 / $856Sq Ft:2,451 / 2,253DOM:12 / 9New:1Total:9
6 Beds
Avg:$1,569,000Median:$1,569,000Range:$1,569,000 – $1,569,000PSF:$730 / $730Sq Ft:2,148 / 2,148DOM:8 / 8New:0Total:1

Rental Market Overview

Median Rent
$3,500
0.0%
Median DOM
14
0.0%
New Listings
3
Inventory
14
−6.7%
  • Average Rent: $3,646
  • Median Rent: $3,500
  • Rent Range: $1,100 – $5,950
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,306 / 1,257
  • Square Footage Range: 250 – 2,845
  • Days on Market (Avg/Median): 38 / 14
  • Days on Market Range: 1 – 241
  • New Listings: 3
  • Total Listings: 14

Rentals by Property Type

Apartment
$3,569
Median DOM:
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,500
Median DOM: 14
Inventory: 13
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$3,569 / $3,569Range$3,569 – $3,569Rent per Sq Ft$3 / $3Sq Ft1,028 / 1,028DOMNew0Total1
Single Family
Avg/Median Rent$3,652 / $3,500Range$1,100 – $5,950Rent per Sq Ft$3 / $3Sq Ft1,327 / 1,310DOM38 / 14New3Total13

Rentals by Bedroom Count

1 Beds
Avg:$1,738Median:$1,400Range:$1,100 – $2,350PSF:$4 / $4Sq Ft:425 / 400DOM:142 / 42New:0Total:4
2 Beds
Avg:$3,234Median:$2,900Range:$2,900 – $3,569PSF:$3 / $2Sq Ft:1,114 / 1,028DOM:14 / 14New:0Total:2
3 Beds
Avg:$4,000Median:$4,550Range:$2,750 – $4,700PSF:$3 / $2Sq Ft:1,569 / 1,532DOM:4 / 4New:1Total:3
4 Beds
Avg:$4,919Median:$4,575Range:$3,500 – $5,800PSF:$3 / $3Sq Ft:1,701 / 1,564DOM:23 / 1New:2Total:4
5 Beds
Avg:$5,950Median:$5,950Range:$5,950 – $5,950PSF:$2 / $2Sq Ft:2,845 / 2,845DOM:19 / 19New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,488,000Median DOM:31New:8Total:42
Jan 2026
Median Price:$1,450,000Median DOM:19New:15Total:38
Feb 2026
Median Price:$1,500,000Median DOM:14New:16Total:42
Mar 2026
Median Price:$1,599,000Median DOM:13New:22Total:54
Apr 2026
Median Price:$1,589,998Median DOM:13New:20Total:57
May 2026
Median Price:$1,569,000Median DOM:15New:9Total:61

6-Month Rental Trend

Dec 2025
Median Rent:$3,950Median DOM:6New:7Total:14
Jan 2026
Median Rent:$4,100Median DOM:1New:5Total:15
Feb 2026
Median Rent:$3,980Median DOM:1New:8Total:18
Mar 2026
Median Rent:$3,500Median DOM:9New:3Total:18
Apr 2026
Median Rent:$3,500Median DOM:14New:3Total:15
May 2026
Median Rent:$3,500Median DOM:14New:3Total:14

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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