80 homes in Milpitas
Milpitas is a diverse city at the north end of Silicon Valley. Features Great Mall, tech employment, and BART access.
Today, Milpitas has 80 homes for sale at a median price of $1,139,888, typically selling in about 46 days. Families here choose from 12 schools rated 8 or higher on the Topfind School Score.
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Median Home Price
$1.37M
↓ 7.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
3.6 months of supply
Balanced Market80 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~46 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 50% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Milpitas
Homeownership is near the state average—a balanced mix of owners and renters.
59%
Homeowners
41%
Renters
Homeownership is 3.5% higher than the California average (55.5%)
24,713 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $321K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$580K)
Price Reductions
25 listings have reduced their price
31% of active listings
Average reduction: 7.9% (~$90K)
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