ZIP 94041 Housing Market Report

Santa Clara Metro

Report period: March 2026

94041 Monthly Market Update – March 2026

ZIP 94041 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$2,198,000
+7.2%
Median DOM (Sales)
20
−4.8%
New Listings (Sales)
4
−50.0%
Median Rent
$3,495
+2.9%
Median DOM (Rental)
16
0.0%
Total Rental Listings
50
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Multi-Family (2 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 4 Beds ($2,850,000 median)

Sales Market Overview

Median Price
$2,198,000
+7.2%
Median DOM
20
−4.8%
New Listings
4
−50.0%
Inventory
31
+3.3%
  • Average Price: $1,936,123
  • Median Price: $2,198,000
  • Price Range: $279,000 – $4,700,000
  • Price per Sq Ft (Avg/Median): $1,023 / $1,159
  • Square Footage (Avg/Median): 1,756 / 1,530
  • Square Footage Range: 970 – 3,300
  • Days on Market (Avg/Median): 54 / 20
  • Days on Market Range: 2 – 320
  • New Listings: 4
  • Total Listings: 31

Sales by Property Type

Condo
Avg/Median Price$2,976,750 / $2,709,000Range$1,999,000 – $3,600,000Price per Sq Ft$1,735 / $1,744Sq Ft1,714 / 1,638DOM88 / 63New0Total4
Manufactured
Avg/Median Price$372,709 / $378,000Range$279,000 – $489,000Price per Sq Ft$280 / $281Sq Ft1,342 / 1,440DOM102 / 65New0Total11
Multi-Family
Avg/Median Price$2,549,000 / $2,398,000Range$2,398,000 – $2,700,000Price per Sq Ft$1,380 / $863Sq Ft2,101 / 1,424DOM4 / 2New2Total2
Single Family
Avg/Median Price$3,044,083 / $2,498,000Range$1,998,000 – $4,700,000Price per Sq Ft$1,412 / $1,382Sq Ft2,185 / 2,068DOM14 / 9New1Total12
Townhouse
Avg/Median Price$1,193,000 / $1,088,000Range$1,088,000 – $1,298,000Price per Sq Ft$992 / $883Sq Ft1,206 / 1,180DOM15 / 6New1Total2

Sales by Bedroom Count

2 Beds
Avg:$1,175,264Median:$1,088,000Range:$279,000 – $2,709,000PSF:$917 / $883Sq Ft:1,232 / 1,135DOM:58 / 30New:1Total:11
3 Beds
Avg:$1,490,445Median:$489,000Range:$359,900 – $3,600,000PSF:$835 / $315Sq Ft:1,658 / 1,530DOM:83 / 20New:0Total:11
4 Beds
Avg:$3,510,750Median:$2,850,000Range:$2,498,000 – $4,700,000PSF:$1,443 / $1,208Sq Ft:2,422 / 2,403DOM:21 / 8New:1Total:4
5 Beds
Avg:$3,564,000Median:$2,700,000Range:$2,598,000 – $4,560,000PSF:$1,448 / $1,382Sq Ft:2,549 / 2,450DOM:11 / 8New:1Total:4
6 Beds
Avg:$2,398,000Median:$2,398,000Range:$2,398,000 – $2,398,000PSF:$863 / $863Sq Ft:2,778 / 2,778DOM:6 / 6New:1Total:1

Rental Market Overview

Median Rent
$3,495
+2.9%
Median DOM
16
0.0%
New Listings
6
Inventory
50
0.0%
  • Average Rent: $4,103
  • Median Rent: $3,495
  • Rent Range: $1,895 – $9,995
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 923 / 800
  • Square Footage Range: 275 – 2,319
  • Days on Market (Avg/Median): 61 / 16
  • Days on Market Range: 1 – 329
  • New Listings: 6
  • Total Listings: 50

Rentals by Property Type

Apartment
$3,125
Median DOM: 50
Inventory: 33
MoM: +2.9%
Condo
$3,495
Median DOM: 1
Inventory: 3
MoM: +2.9%
Single Family
$4,600
Median DOM: 1
Inventory: 11
MoM: +2.9%
Townhouse
$5,440
Median DOM: 1
Inventory: 3
MoM: +2.9%
Apartment
Avg/Median Rent$3,644 / $3,125Range$2,195 – $9,135Rent per Sq Ft$5 / $4Sq Ft744 / 700DOM91 / 50New3Total33
Condo
Avg/Median Rent$3,828 / $3,495Range$3,495 – $4,495Rent per Sq Ft$4 / $4Sq Ft976 / 950DOM1 / 1New0Total3
Single Family
Avg/Median Rent$5,225 / $4,600Range$1,895 – $9,995Rent per Sq Ft$4 / $4Sq Ft1,232 / 1,300DOM25 / 1New2Total11
Townhouse
Avg/Median Rent$5,312 / $5,440Range$4,995 – $5,500Rent per Sq Ft$4 / $3Sq Ft1,521 / 1,591DOM2 / 1New1Total3

Rentals by Bedroom Count

Studio
Avg:$2,593Median:$2,300Range:$1,895 – $3,729PSF:$6 / $5Sq Ft:450 / 433DOM:75 / 1New:0Total:8
1 Beds
Avg:$3,863Median:$2,695Range:$2,345 – $9,135PSF:$4 / $4Sq Ft:676 / 700DOM:46 / 28New:2Total:18
2 Beds
Avg:$3,774Median:$3,950Range:$2,795 – $5,300PSF:$4 / $4Sq Ft:998 / 940DOM:81 / 16New:1Total:15
3 Beds
Avg:$6,221Median:$5,500Range:$4,150 – $9,995PSF:$4 / $4Sq Ft:1,542 / 1,591DOM:45 / 1New:3Total:8
7 Beds
Avg:$8,500Median:$8,500Range:$8,500 – $8,500PSF:$4 / $4Sq Ft:2,319 / 2,319DOM:22 / 22New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$1,649,000Median DOM:43New:1Total:29
Nov 2025
Median Price:$1,755,000Median DOM:27New:11Total:27
Dec 2025
Median Price:$1,998,000Median DOM:49New:2Total:21
Jan 2026
Median Price:$1,998,000Median DOM:32New:12Total:27
Feb 2026
Median Price:$2,050,000Median DOM:21New:8Total:30
Mar 2026
Median Price:$2,198,000Median DOM:20New:4Total:31

6-Month Rental Trend

Oct 2025
Median Rent:$3,750Median DOM:14New:17Total:57
Nov 2025
Median Rent:$3,395Median DOM:31New:13Total:53
Dec 2025
Median Rent:$3,425Median DOM:31New:15Total:55
Jan 2026
Median Rent:$3,495Median DOM:16New:16Total:52
Feb 2026
Median Rent:$3,395Median DOM:16New:12Total:50
Mar 2026
Median Rent:$3,495Median DOM:16New:6Total:50

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.

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.

← Back to Santa Clara Metro