95046 Housing Market
Median List Price
$2,749,000
Updated August 2026
Today, the 95046 ZIP code in San Martin, CA has 6 homes for sale at a median list price of $2,749,000, typically selling in about 97 days.
95046 Housing Market Overview
The median list price in the 95046 ZIP code is $2.7M. That is about 25.0% above the San Martin median. Current inventory stands at 6 active listings.
Expect a median around $2M for three bedroom homes and $4M at the six bedroom end. December 2025 to July 2026 saw the median price go from $1.5M to $1.5M, up about 1.4%.
95046 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 97 days to sell, and supply sits at 6.0 months, roughly in step with demand. At the same time, sale prices are up 23% over the last six months, and sales volume is up 17% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$2.75M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
6.0 months of supply
Balanced Supply6 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 ~97 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.
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 95046 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
75%
Homeowners
25%
Renters
Homeownership is 19.5 points higher than the California average (55.5%)
2,127 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $508K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.1M)
Price Reductions
2 listings have reduced their price
33% of active listings
Average reduction: 7.6% (~$209K)
Browse 95046 Listings
Frequently Asked Questions about the 95046 Housing Market
What is the median home price in the 95046 ZIP code?
The median list price in the 95046 ZIP code is $2,749,000 as of August 2026, based on 6 active listings.
Is the 95046 ZIP code a buyer's market or a seller's market?
The 95046 ZIP code currently reads as a buyer's market. Active inventory works out to about 6.0 months of supply at the recent sales pace.
How fast do homes sell in the 95046 ZIP code?
The average home currently for sale in the 95046 ZIP code has been on the market for 97 days.
How many homes are for sale in the 95046 ZIP code?
There are 6 homes for sale in the 95046 ZIP code right now.