How much do homes in Milpitas, CA cost?

Median List Price

$1,085,152

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$87,152(+8.7%)

Key Takeaway

The list price of homes in Milpitas has increased by 8.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $499K$590K+18.2%
2 $759.8K$828K+9.0%
3 $999K$1.0M+8.1%
4 $1.1M$1.3M+12.6%
5+ $1.6M$1.4M-7.8%

Median List Price Compared To Nearby Cities

San Jose
+10.9%
Diablo Range
+10.8%
Milpitas
+8.7%
Fremont
+4.9%

How many homes are available in Milpitas, CA?

Number of Homes For Sale

Jul 2021Aug 2021%
135128-5.2%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 42-50.0%
2 2532+28.0%
3 7164-9.9%
4 2927-6.9%
5+ 63-50.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
57 Days37 Days-35.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Milpitas, CA

There are 128 homes are for sale in Milpitas, CA real estate market. The number of homes for sale in Milpitas, CA decreased by 5.2% between July 2021 and August 2021. In August 2021, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $1,085,152. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 18.2%, 2 bedrooms properties prices increased by 9%, 3 bedrooms properties became 8.1% more expensive, 4 bedrooms properties prices increased by 12.6%, 5 bedrooms properties became 7.8% more cheaper. This housing market inventory have changed: 1 bedroom homes inventory decreased by 50%, number of 2 bedrooms homes increased by 28%, 3 bedrooms homes inventory decreased by 9.9%, the quantity of 4 bedrooms homes went down by 6.9%, volume of 5 bedrooms homes went down by 50%. Over 37 listings were sold over their listed price in August 2021 in Milpitas, CA. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price.

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