How much do homes in Milpitas, CA cost?

Median List Price

$1,080,000

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$82,608(+8.3%)

Key Takeaway

The list price of homes in Milpitas has increased by 8.3% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 $518.9K$590K+13.7%
2 $759.8K$799K+5.2%
3 $998.8K$1.0M+7.1%
4 $1.1M$1.3M+12.4%
5+ $1.5M$1.5M+2.2%

Median List Price Compared To Nearby Cities

San Jose
+11.0%
Milpitas
+8.3%
Fremont
+7.8%
Diablo Range
+5.6%

How many homes are available in Milpitas, CA?

Number of Homes For Sale

Jun 2021Jul 2021%
105138+31.4%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 440.0%
2 1725+47.1%
3 5271+36.5%
4 2631+19.2%
5+ 67+16.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
67 Days35 Days-48.1%

Breakdown of Home Sale Times

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About Milpitas, CA

Milpitas, CA has 138 homes on the market. The number of listings in Milpitas, CA increased by 31.4% between June 2021 and July 2021. Listings spent 35 days on the market in July 2021, and had a median list price of $1,080,000 during the same period. Listing prices have changed in this real estate market between June 2021 and July 2021: 1 bedroom properties prices increased by 13.7%, 2 bedrooms properties prices increased by 5.2%, 3 bedrooms properties became 7.1% more expensive, 4 bedrooms properties became 12.4% more expensive, the cost of 5 bedrooms properties went up by 2.2%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 47.1%, the quantity of 3 bedrooms homes went up by 36.5%, the quantity of 4 bedrooms homes went up by 19.2%, 5 bedrooms homes inventory increased by 16.7%. In July 2021, from all listings sold in Milpitas, CA there were more than 42 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price.

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