
760 Mente Linda Loop
Milpitas, CA 95035
Dimple Sheth · Real Brokerage Technologies
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Compass Real Estate · Milpitas, CA
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Housing market overview · Updated monthly ·
$1.26Mmedian sale price
The median home sale price in Milpitas, CA is $1.26M, down 10.1% year-over-year. Homes sell in an average of 18 days with 81 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Milpitas, CA is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
41
Last 12 weeks
Days on market
18
Fast-moving
Active listings
81
2.0 months supply
Sale-to-list
103.7%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $1.26M |
| Median list price | $1.22M |
| Year-over-year price change | -10.1% |
| Average days on market | 18 days |
| Active inventory | 81 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 103.7% |
| Median price per sq ft | $804/sq ft |
| Homes sold (latest month) | 41 |
| New listings (latest month) | 54 |
| Listings with a price cut | 24.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Milpitas, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.50M | $976/sq ft | 17 | 16 days |
| Condo / Co-op | $967,500 | $665/sq ft | 10 | 24 days |
| Townhouse | $1.16M | $756/sq ft | 14 | 12 days |
Source: Redfin · Updated monthly
The Milpitas housing market is currently classified as a strong seller's market with a median sale price of $1.26M. Prices have fallen 10.1% compared to last year, with homes spending an average of 18 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
There are currently 81 homes listed for sale in Milpitas, California. The median listing price is $1.2M. Featured listings range from $897,000 to $6,798,000.

Milpitas, CA 95035
Dimple Sheth · Real Brokerage Technologies

Milpitas, CA 95035
Kinjal Patel · Intero Real Estate Services

Milpitas, CA 95035
Jing Xue · Coldwell Banker Realty

Milpitas, CA 95035
Sophie Shen · Keller Williams Thrive

Milpitas, CA 95035
Zivi He · Coldwell Banker Realty

Milpitas, CA 95035
Sherri Stoneberger · Legacy Real Estate & Assoc.

Milpitas, CA 95035
Laxmi Penupothula · Intero Real Estate Services

Milpitas, CA 95035

Milpitas, CA 95035
Liliana Kaszuba · Compass

Milpitas, CA 95035
Andy Sweat · KW Bay Area Estates

Milpitas, CA 95035
Heena Joshi · Compass

Milpitas, CA 95035
Pete Flores · Silicon Valley Residential Brokerage Inc
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Active listings
81
Homes on market
Median list price
$1.2M
Avg. days on market
18
Days until sale
New this week
54
Newly listed
Population
78,216
Median income
$176,822/yr
Median age
36.4 years
Owner-occupied
59.3%
College grads
58.6%
Avg commute
26.4 min
Source: U.S. Census Bureau ACS
Zillow home value
$1.47M
Zillow rent index
$3,550/mo
Price-to-rent ratio
34.5x
Price-to-income
8.3x
Source: Zillow Research
Milpitas is a community of approximately 78K residents with a median age of 36.4 years.The median household income is $176,822, which reflects a relatively affluent area with strong earning potential. 58.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 59.3%, showing a blend of owner and renter-occupied properties. The average commute time is 26.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Milpitas offers a balanced lifestyle with accessible home values relative to local income levels.
15 schools tracked · 10,188 students
The largest public schools serving Milpitas, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Milpitas High
Grades 9-12 · 3,029 students
Thomas Russell Middle
Grades 7-8 · 769 students
John Sinnott Elementary
Grades K-6 · 724 students
Mabel Mattos Elementary
Grades K-6 · 666 students
Curtner Elementary
Grades K-6 · 660 students
Rancho Milpitas Middle
Grades 7-8 · 654 students
Anthony Spangler Elementary
Grades K-6 · 623 students
Marshall Pomeroy Elementary
Grades K-6 · 614 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Milpitas side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Milpitas, the price-to-rent ratio of 34.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 10.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Milpitas's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Milpitas's median home price.
The median home sale price in Milpitas is $1.26M, down 10.1% from last year.
Homes typically spend 18 days on market before going under contract.
The median household income is $176,822 per year.
With 2.0 months of supply, Milpitas is currently a strong seller's market.
There are currently 81 homes listed for sale in Milpitas, CA.
The Zillow Home Value Index (ZHVI) for Milpitas is $1.47M, representing the typical home value in the area.
The median condo/co-op sale price in Milpitas, CA is $967,500, compared to $1.50M for a single-family home, based on the latest Redfin data.
The median single-family home price in Milpitas, CA is $1.50M (about $976 per square foot).
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