Home ValuePros

Market Intelligence · CA / Santa Clara County

Milpitas, CA housing market

1 ZIP market liveData updated August 2026Typical value$1.39M1-yr changeDown1.2%

The median home value in Milpitas, CA is $1.39M as of August 2026, down 1.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Milpitas, by the numbers.

Typical home valueZillow ZHVI, August 2026
$1.39M
1-yr changeMedian across Milpitas ZIPs
-1.2%
ZIP markets live2 tracked in Milpitas
1
County
Santa Clara County

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12-month value trend

-1.2% over 12 months

Typical home value in Milpitas over the last 12 months: $1.4M in Aug 2025 to $1.39M in Aug 2026 (-1.2%).

Aug 2025$1.4M

Aug 2026$1.39M

Median Zillow home value index across Milpitas's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Milpitas home at $1,385,123, a 12-month move of -1.2%. On the listing side, Realtor.com counts 74 homes on the market, 44 newly listed, and a median asking price of $1,080,000 in August 2026. A typical listing takes 32 days to sell, and 15.4% of active homes have seen a price reduction. The read is a cooling market, where pricing to current data decides which homes actually sell.

The numbers

What is the housing market like in Milpitas, CA?

Typical home value

$1.39M

Down1.2%YoY

Median list price

$1.08M

Days on market

32

Homes for sale

74

Price cuts

15.4%

New listings

44

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Milpitas's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Milpitas?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Milpitas ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

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Top real estate agents in Milpitas, CA

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