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- California
- Milpitas
- 95035 Housing Market
95035 Housing Market
Median List Price
$1,085,000
Updated August 2026
Today, the 95035 ZIP code in Milpitas, CA has 85 homes for sale at a median list price of $1,085,000, typically selling in about 38 days.
95035 Housing Market Overview
The 95035 ZIP code currently shows a median list price of $1.1M. That is about 1.3% below the Milpitas median. There are 85 homes currently listed for sale in the 95035 ZIP code.
One bedroom homes are the most affordable tier at a median of $515,000, while five bedroom homes top the range at $1.7M. Over the last six months, the median price has risen about 5.9%, from $1.3M in February to $1.4M in July.
95035 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 6% over the last six months, yet 34% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.08M
↓ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.7 months of supply
Balanced Supply85 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~38 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 42% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 95035 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
59%
Homeowners
41%
Renters
Homeownership is 3.5 points 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 $296K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$409K)
Price Reductions
29 listings have reduced their price
34% of active listings
Average reduction: 7.6% (~$82K)
Browse 95035 Listings
Frequently Asked Questions about the 95035 Housing Market
What is the median home price in the 95035 ZIP code?
The median list price in the 95035 ZIP code is $1,085,000 as of August 2026, based on 85 active listings.
Is the 95035 ZIP code a buyer's market or a seller's market?
The 95035 ZIP code currently reads as a balanced market. Active inventory works out to about 4.7 months of supply at the recent sales pace.
How fast do homes sell in the 95035 ZIP code?
The average home currently for sale in the 95035 ZIP code has been on the market for 38 days.
Are home prices in the 95035 ZIP code going up or down?
The median sale price in the 95035 ZIP code is roughly flat compared with a year ago.
How many homes are for sale in the 95035 ZIP code?
There are 85 homes for sale in the 95035 ZIP code right now, including 17 listed within the last week.