94040 Housing Market
Median List Price
$1,550,000
Updated August 2026
Today, the 94040 ZIP code in Mountain View, CA has 25 homes for sale at a median list price of $1,550,000, typically selling in about 92 days.
94040 Housing Market Overview
Buyers in the 94040 ZIP code are looking at a median list price of $1.6M. Compared with Mountain View overall, that is an 8.3% discount. Since February, the median price has moved up about 39.7% to $3M as of July. The 94040 ZIP code has 25 active listings on the market right now. Pricing spreads from a $519,500 median for one bedroom homes to $3M for four bedroom homes.
94040 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 44% versus six months ago, yet the typical home takes about 92 days to sell, and 60% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.55M
↑ 17% 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
4.2 months of supply
Balanced Supply25 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 ~92 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 24% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in 94040 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
34,933 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $830K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$1.6M)
Price Reductions
7 listings have reduced their price
28% of active listings
Average reduction: 6.3% (~$98K)
Browse 94040 Listings
Frequently Asked Questions about the 94040 Housing Market
What is the median home price in the 94040 ZIP code?
The median list price in the 94040 ZIP code is $1,550,000 as of August 2026, based on 25 active listings.
Is the 94040 ZIP code a buyer's market or a seller's market?
The 94040 ZIP code currently reads as a buyer's market. Active inventory works out to about 4.2 months of supply at the recent sales pace.
How fast do homes sell in the 94040 ZIP code?
The average home currently for sale in the 94040 ZIP code has been on the market for 92 days.
Are home prices in the 94040 ZIP code going up or down?
The median sale price in the 94040 ZIP code is up about 17.1% compared with a year ago.
How many homes are for sale in the 94040 ZIP code?
There are 25 homes for sale in the 94040 ZIP code right now, including 5 listed within the last week.