ZIP 94087 Housing Market Report

Santa Clara Metro

Report period: March 2026

94087 Monthly Market Update – March 2026

ZIP 94087 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$2,488,000
+3.7%
Median DOM (Sales)
9
−10.0%
New Listings (Sales)
17
−58.5%
Median Rent
$3,188
−0.2%
Median DOM (Rental)
23
−11.5%
Total Rental Listings
96
−3.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (9 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($3,680,000 median)

Sales Market Overview

Median Price
$2,488,000
+3.7%
Median DOM
9
−10.0%
New Listings
17
−58.5%
Inventory
86
+22.9%
  • Average Price: $2,291,343
  • Median Price: $2,488,000
  • Price Range: $730,000 – $4,299,998
  • Price per Sq Ft (Avg/Median): $1,288 / $1,299
  • Square Footage (Avg/Median): 1,786 / 1,705
  • Square Footage Range: 747 – 3,200
  • Days on Market (Avg/Median): 21 / 9
  • Days on Market Range: 2 – 197
  • New Listings: 17
  • Total Listings: 86

Sales by Property Type

Condo
Avg/Median Price$938,963 / $799,000Range$730,000 – $1,499,000Price per Sq Ft$889 / $914Sq Ft1,056 / 1,082DOM46 / 15New0Total6
Multi-Family
Avg/Median Price$2,012,500 / $1,775,000Range$1,775,000 – $2,250,000Price per Sq Ft$702 / $595Sq Ft2,881 / 2,778DOM72 / 33New0Total2
Single Family
Avg/Median Price$2,780,512 / $2,849,000Range$998,000 – $4,299,998Price per Sq Ft$1,479 / $1,482Sq Ft1,935 / 1,871DOM13 / 9New13Total57
Townhouse
Avg/Median Price$1,376,551 / $1,388,000Range$950,000 – $1,860,000Price per Sq Ft$939 / $912Sq Ft1,484 / 1,415DOM30 / 10New4Total21

Sales by Bedroom Count

2 Beds
Avg:$1,065,804Median:$999,999Range:$730,000 – $1,999,000PSF:$966 / $884Sq Ft:1,136 / 1,136DOM:29 / 17New:1Total:17
3 Beds
Avg:$2,131,889Median:$2,288,000Range:$1,388,000 – $2,998,000PSF:$1,394 / $1,501Sq Ft:1,566 / 1,524DOM:21 / 8New:9Total:31
4 Beds
Avg:$2,930,681Median:$2,988,888Range:$1,499,888 – $4,299,998PSF:$1,426 / $1,446Sq Ft:2,077 / 1,960DOM:15 / 10New:6Total:27
5 Beds
Avg:$3,386,412Median:$3,680,000Range:$2,599,000 – $4,299,998PSF:$1,246 / $1,223Sq Ft:2,729 / 2,788DOM:16 / 10New:1Total:7
6 Beds
Avg:$2,746,667Median:$2,995,000Range:$2,250,000 – $2,995,000PSF:$1,104 / $1,234Sq Ft:2,522 / 2,428DOM:17 / 9New:0Total:3
7 Beds
Avg:$1,775,000Median:$1,775,000Range:$1,775,000 – $1,775,000PSF:$595 / $595Sq Ft:2,984 / 2,984DOM:111 / 111New:0Total:1

Rental Market Overview

Median Rent
$3,188
−0.2%
Median DOM
23
−11.5%
New Listings
17
Inventory
96
−3.0%
  • Average Rent: $3,533
  • Median Rent: $3,188
  • Rent Range: $1,000 – $8,900
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 965 / 810
  • Square Footage Range: 300 – 3,200
  • Days on Market (Avg/Median): 62 / 23
  • Days on Market Range: 1 – 328
  • New Listings: 17
  • Total Listings: 96

Rentals by Property Type

Apartment
$2,895
Median DOM: 35
Inventory: 74
MoM: −0.2%
Condo
$3,000
Median DOM: 1
Inventory: 2
MoM: −0.2%
Single Family
$5,200
Median DOM: 1
Inventory: 17
MoM: −0.2%
Townhouse
$3,800
Median DOM: 1
Inventory: 2
MoM: −0.2%
Apartment
Avg/Median Rent$3,107 / $2,895Range$1,700 – $8,642Rent per Sq Ft$4 / $4Sq Ft810 / 725DOM74 / 35New10Total74
Condo
Avg/Median Rent$3,222 / $3,000Range$3,000 – $3,445Rent per Sq Ft$4 / $4Sq Ft861 / 747DOM3 / 1New2Total2
Multi-Family
Avg/Median Rent$3,895 / $3,895Range$3,895 – $3,895Rent per Sq Ft$3 / $3Sq Ft1,300 / 1,300DOM12 / 12New0Total1
Single Family
Avg/Median Rent$5,360 / $5,200Range$1,000 – $8,900Rent per Sq Ft$3 / $3Sq Ft1,580 / 1,619DOM32 / 1New4Total17
Townhouse
Avg/Median Rent$3,875 / $3,800Range$3,800 – $3,950Rent per Sq Ft$3 / $3Sq Ft1,122 / 1,036DOM1 / 1New1Total2

Rentals by Bedroom Count

Studio
Avg:$2,383Median:$2,175Range:$1,700 – $3,500PSF:$4 / $4Sq Ft:618 / 500DOM:150 / 169New:2Total:8
1 Beds
Avg:$2,744Median:$2,745Range:$1,000 – $3,980PSF:$4 / $4Sq Ft:719 / 656DOM:63 / 28New:4Total:37
2 Beds
Avg:$3,557Median:$3,450Range:$2,550 – $8,642PSF:$4 / $4Sq Ft:929 / 950DOM:50 / 25New:8Total:34
3 Beds
Avg:$5,110Median:$4,670Range:$3,895 – $7,000PSF:$4 / $4Sq Ft:1,415 / 1,400DOM:28 / 1New:1Total:10
4 Beds
Avg:$6,644Median:$6,500Range:$4,600 – $8,900PSF:$3 / $3Sq Ft:2,102 / 1,996DOM:65 / 1New:2Total:7

6-Month Sales Trend

Oct 2025
Median Price:$2,448,000Median DOM:14New:25Total:78
Nov 2025
Median Price:$2,398,000Median DOM:18New:11Total:63
Dec 2025
Median Price:$2,199,000Median DOM:21New:7Total:42
Jan 2026
Median Price:$2,379,000Median DOM:14New:20Total:39
Feb 2026
Median Price:$2,399,988Median DOM:10New:41Total:70
Mar 2026
Median Price:$2,488,000Median DOM:9New:17Total:86

6-Month Rental Trend

Oct 2025
Median Rent:$3,195Median DOM:16New:49Total:129
Nov 2025
Median Rent:$3,100Median DOM:30New:31Total:124
Dec 2025
Median Rent:$3,195Median DOM:33New:31Total:117
Jan 2026
Median Rent:$3,171Median DOM:22New:28Total:109
Feb 2026
Median Rent:$3,195Median DOM:26New:19Total:99
Mar 2026
Median Rent:$3,188Median DOM:23New:17Total:96

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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