Home ValuePros

Market Intelligence · CA / Santa Clara County

Milpitas, CA housing market

1 ZIP market liveData updated June 2026Typical value$1.44M1-yr changeDown2.0%

The median home value in Milpitas, CA is $1.44M as of June 2026, down 2.0% 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, June 2026
$1.44M
1-yr changeMedian across Milpitas ZIPs
-2.0%
ZIP markets live2 tracked in Milpitas
1
County
Santa Clara County

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12-month value trend

-2.0% over 12 months

Typical home value in Milpitas over the last 12 months: $1.47M in Jun 2025 to $1.44M in Jun 2026 (-2.0%).

Jun 2025$1.47M

Jun 2026$1.44M

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

Context

As of June 2026, Zillow's index pegs the typical Milpitas home at $1,444,194, a 12-month move of -2.0%. On the listing side, Realtor.com counts 74 homes on the market, 48 newly listed, and a median asking price of $1,196,416 in June 2026. A typical listing takes 29 days to sell, and 18.1% 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

$1.44M

Down2.0%YoY

Median list price

$1.2M

Days on market

29

Homes for sale

74

Price cuts

18.1%

New listings

48

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 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 June 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, June 2026

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