Market Intelligence · CA / Milpitas

Milpitas, CA 95035 Housing Market

Typical home value in Milpitas, 95035 is $1,423,706, down 1.5% over the past year. The median list price stands at $1,080,000, with homes taking 32 days to sell.

Updated August 2026Median value$1385K

The median home value in Milpitas, CA 95035 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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Typical 95035 range

$1.27M to $1.5M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.2% over 12 months

Typical home value in 95035 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

The numbers

What is the 95035 housing market like?

Typical home value

$1.39M

Down1.2%YoY

Median list price

$1.08M

Down8.5%MoM

Days on market

32

Up3.2%MoM

Homes for sale

74

Down1.3%MoM

Price cuts

15.4%

Up0.4%MoM

New listings

44

Down12.0%MoM

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

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The comparison

How do 95035 home prices compare?

  • 95035$1,385,123
  • Milpitas$1,385,123
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Milpitas: 1 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Milpitas is showing a soft market right now. There are 74 homes for sale with 44 new listings added recently, but 15.4% of listings have already received price cuts. At a median of 32 days on market, homes are taking time to move. The downward value trend over the past year reflects a buyer's market where sellers need realistic pricing and patience.

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20% · $277,025

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