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Milpitas, CA Housing Market and Real Estate Statistics

In the 13 weeks ending October 4, 2026, 69 homes sold in Milpitas at a median sale price of $1.32M, in a median of 15 days on market, and at 101.4% of final list price, with 76 active listings on October 4, 2026.

Across ten years of MLSListings Inc. closed sales, the Milpitas median sale price rose from $900K in 2017 to $1.40M in 2025, the last full year, and stands at $1.29M for 2026 through October 4, 2026.

Milpitas, Santa Clara County, Silicon Valley. Home prices, inventory, and real estate market trends for single family homes, townhomes, and condos. Weekly Milpitas MLS housing data for the week ending October 4, 2026, with annual history from 2017, calculated by Aegis Luxury Real Estate and updated every Monday.

Compared with the county

The Milpitas median sale price of $1.32M sits 17.8% below the Santa Clara County median of $1.60M for the same 13 weeks.

Days on market

Homes in Milpitas sold in a median of 15 days on market over the 13 weeks ending October 4, 2026, and an average of 28 days, up 2.7% vs Last Year. The county average was 31 days.

Active listings

There were 76 active listings in Milpitas on October 4, 2026, up 4.1% vs Last Year, or 4.8 months of supply.

Pending sales

There were 28 homes under contract in Milpitas on October 4, 2026, against 799 across Santa Clara County.

Sale to list ratio

Closed sales in Milpitas averaged 101.4% of final list price over the 13 weeks ending October 4, 2026, down 1.4 points vs Last Year. The Santa Clara County figure was 102.6%.

Closed sales, 2026

233 homes closed in Milpitas from January 1 through October 4, 2026 for $326.61M, down 5.3% vs Last Year in sales and down 11.6% vs Last Year in volume.

Sale price, 2026 year to date

The 2026 year to date median sale price in Milpitas is $1.29M, down 8.6% vs Last Year. The year to date average sale price is $1.40M, down 6.7% vs Last Year.

Price per square foot, 2026 year to date

The 2026 year to date median price per square foot in Milpitas is $787, down 7.3% vs Last Year. The average price per square foot is $851, down 5.3% vs Last Year.

The Milpitas market, week ending October 4, 2026

One figure stands out for Milpitas in the 13 weeks ending October 4, 2026: homes sold in an average of 28 days on market, against 31 days countywide.

Milpitas recorded a median sale price of $1.32M over the 13 weeks ending October 4, 2026, based on 69 closed sales, 6.7% below the same weeks of 2025. The average sale price was $1.43M.

Aegis Market Read: Milpitas, September 2026

Calculated by Aegis Luxury Real Estate from MLSListings Inc. data

One figure stands out for Milpitas in the 13 weeks ending October 4, 2026: homes sold in an average of 28 days on market, against 31 days countywide. Closed sales ran at 101.4% of final list price, against 102.6% across Santa Clara County. 76 listings were active on October 4, 2026, 4.8 months of supply.

Property type Showing all property types combined. The charts, tables and figures in the sections below switch with the tab.

What is the median home price in Milpitas?

The median sale price in Milpitas was $1.32M over the 13 weeks ending October 4, 2026, down 6.7% vs Last Year, against a Santa Clara County median of $1.60M. The average sale price was $1.43M. For 2026 to date the median is $1.29M and the average is $1.40M, with a median price per square foot of $787 and an average of $851.

Median sale price, Milpitas, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County median, in millions

Median sale price, latest 13 weeks as text

Jul 12 $1.28M, Jul 19 $1.29M, Jul 26 $1.30M, Aug 2 $1.30M, Aug 9 $1.30M, Aug 16 $1.30M, Aug 23 $1.29M, Aug 30 $1.35M, Sep 6 $1.35M, Sep 13 $1.36M, Sep 20 $1.35M, Sep 27 $1.32M, Oct 4 $1.32M. Santa Clara County 13 week median, same weeks: Jul 12 $1.70M, Aug 9 $1.64M, Sep 6 $1.59M, Oct 4 $1.60M.

Milpitas sale price by year, with Santa Clara County

YearMedian sale priceMedian vs Last YearAverage sale priceAverage vs Last YearMedian price per sq ftAverage price per sq ftCounty median sale price
2021$1.20M$1.22M$743$775$1.39M
2022$1.33M+10.8%$1.36M+11.6%$823$860$1.50M
2023$1.31M-1.5%$1.31M-3.4%$823$851$1.50M
2024$1.38M+5.0%$1.41M+7.6%$876$933$1.63M
2025$1.40M+2.0%$1.50M+6.3%$849$895$1.67M
2026 to date$1.29M-8.1%$1.40M-6.7%$787$851$1.64M
Last 52 weeks$1.30M-6.4%$1.42M-3.1%$798$857$1.64M

Annual figures are calculated from all closed sales reported to MLSListings Inc. for that calendar year, all property types. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025, the same comparison used in the answers above. Last 52 weeks covers the 52 weeks ending October 4, 2026 and is compared with the 52 weeks before them.

Milpitas sale price by week, 13 weeks ending October 4, 2026, against the same weeks of 2025

Week endingClosed sales that week13 week median 202613 week median 2025Median vs Last YearCounty 13 week median 2026
Jul 125$1.28M$1.41M-9.3%$1.70M
Jul 197$1.29M$1.41M-8.6%$1.68M
Jul 266$1.30M$1.42M-8.5%$1.66M
Aug 27$1.30M$1.42M-8.5%$1.65M
Aug 93$1.30M$1.44M-9.4%$1.64M
Aug 164$1.30M$1.42M-8.5%$1.63M
Aug 236$1.29M$1.42M-9.3%$1.62M
Aug 304$1.35M$1.42M-5.0%$1.61M
Sep 64$1.35M$1.41M-4.3%$1.59M
Sep 1311$1.36M$1.41M-3.6%$1.58M
Sep 203$1.35M$1.42M-4.9%$1.60M
Sep 273$1.32M$1.42M-7.1%$1.60M
Oct 46$1.32M$1.41M-6.7%$1.60M

How long does it take to sell a home in Milpitas?

Homes in Milpitas sold in a median of 15 days on market over the 13 weeks ending October 4, 2026 and an average of 28 days, up 2.7% vs Last Year. The Santa Clara County average was 31 days. For 2026 to date the median is 13 days.

Average days on market, Milpitas, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County average, days

Average days on market, latest 13 weeks as text

Jul 12 21, Jul 19 21, Jul 26 21, Aug 2 22, Aug 9 24, Aug 16 24, Aug 23 24, Aug 30 25, Sep 6 25, Sep 13 29, Sep 20 29, Sep 27 30, Oct 4 28. Santa Clara County 13 week average, same weeks: Jul 12 24, Aug 9 27, Sep 6 30, Oct 4 31.

Milpitas days on market by year, with Santa Clara County

YearMedian days on marketAverage days on marketAverage vs Last YearCounty average days on market
202181417
2022915+4.9%18
2023918+21.4%21
20241018-3.3%19
20251422+25.8%24
2026 to date1324+9.6%27

Days on market is the MLS days on market field reported for each closed sale; sales without that field are left out. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.

Milpitas days on market by week, 13 weeks ending October 4, 2026, against the same weeks of 2025

Week endingClosed sales that week13 week average 202613 week average 2025Average vs Last YearCounty 13 week average 2026
Jul 1252122-2.0%24
Jul 1972121+2.0%25
Jul 2662121+3.7%26
Aug 272221+3.8%27
Aug 932421+14.6%27
Aug 1642422+10.6%28
Aug 2362425-5.5%28
Aug 3042524+2.0%29
Sep 642528-11.3%30
Sep 13112928+1.6%31
Sep 2032929+2.3%31
Sep 2733028+9.2%31
Oct 462827+2.7%31

How many homes are for sale in Milpitas?

There were 76 active listings in Milpitas on October 4, 2026, up 4.1% vs Last Year. That is 4.8 months of supply at the pace of sales over the prior 13 weeks, against 3.4 months across Santa Clara County. There were 28 homes under contract in Milpitas on October 4, 2026, against 799 across Santa Clara County.

Active listings every Sunday, Milpitas, by week, 2021 to 2026, listings

Active listings, latest 13 weeks as text

Jul 12 85, Jul 19 86, Jul 26 88, Aug 2 84, Aug 9 80, Aug 16 81, Aug 23 86, Aug 30 86, Sep 6 86, Sep 13 99, Sep 20 95, Sep 27 99, Oct 4 96.

Milpitas average active listings by year

YearAverage active listingsvs Last Year
202186
202276-11.6%
202348-36.9%
202474+52.8%
202574+0.0%
2026 to date76+3.1%

Active listings are counted every Sunday and include contingent listings, which have an accepted offer but remain on the market; listings under contract are counted separately. The annual figure is the average of the weekly counts, and the 2026 row averages the weeks through October 4, 2026.

Milpitas active listings and homes under contract by week, 13 weeks ending October 4, 2026

Week endingActive 2026Active 2025Active vs Last YearUnder contract 2026
Jul 128589-4.5%28
Jul 198682+4.9%27
Jul 268886+2.3%23
Aug 28480+5.0%23
Aug 98075+6.7%20
Aug 168178+3.8%22
Aug 238679+8.9%25
Aug 308678+10.3%28
Sep 68678+10.3%27
Sep 139973+35.6%27
Sep 209574+28.4%25
Sep 279977+28.6%28
Oct 49673+31.5%32

Milpitas active listings by price band, all property types, October 4, 2026

Price bandActive listingsShare of listingsMonths of supply
Under $1.5M5978%5.7
$1.5M to $2.5M1418%3.0
$2.5M and above34%3.3
All price bands76100%4.8

Price bands use the current list price of each active listing. Months of supply is active listings in the band divided by the average monthly closed sales in that band, by closing price, over the prior 13 weeks.

How many homes sold in Milpitas this year?

233 homes closed in Milpitas from January 1 through October 4, 2026, down 5.3% from the 246 that closed over the same weeks of 2025. Total sales volume for the period is $326.61M, down 11.6% vs Last Year. Over the latest 13 weeks, 69 closed, against 83 a year earlier.

Closed sales per week, Milpitas, 2021 to 2026, trailing 13 week average with the 2026 weekly count, homes

Closed sales per week, latest 13 weeks as text

Jul 12 5, Jul 19 7, Jul 26 6, Aug 2 7, Aug 9 3, Aug 16 4, Aug 23 6, Aug 30 4, Sep 6 4, Sep 13 11, Sep 20 3, Sep 27 3, Oct 4 6.

Milpitas closed sales by year

YearClosed salesvs Last Year
2021569
2022438-23.0%
2023290-33.8%
2024382+31.7%
2025301-21.2%
2026 to date233-22.6%

Closed sales are counted by closing date. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025.

Milpitas closed sales by week, 13 weeks ending October 4, 2026, against the same weeks of 2025

Week endingClosed 2026Closed 202513 week total 202613 week total 202513 week total vs Last Year
Jul 12558891-3.3%
Jul 19778887+1.1%
Jul 26698891-3.3%
Aug 2788991-2.2%
Aug 9338186-5.8%
Aug 16488085-5.9%
Aug 23658286-4.7%
Aug 30497590-16.7%
Sep 6497586-12.8%
Sep 131137887-10.3%
Sep 20347781-4.9%
Sep 27397184-15.5%
Oct 4646983-16.9%

Do Milpitas homes sell above asking price?

Yes. Closed sales in Milpitas averaged 101.4% of final list price over the 13 weeks ending October 4, 2026, down 1.4 points vs Last Year, against 102.6% across Santa Clara County. A ratio above 100% means the typical home closed above its final list price.

Sale to list ratio, Milpitas, trailing 13 weeks, by week, 2021 to 2026, with the 2026 Santa Clara County ratio, percent

Sale to list ratio, latest 13 weeks as text

Jul 12 103.6%, Jul 19 103.6%, Jul 26 103.5%, Aug 2 103.2%, Aug 9 102.7%, Aug 16 102.6%, Aug 23 102.3%, Aug 30 101.7%, Sep 6 101.5%, Sep 13 101.1%, Sep 20 101.6%, Sep 27 101.1%, Oct 4 101.4%. Santa Clara County 13 week ratio, same weeks: Jul 12 103.2%, Aug 9 102.7%, Sep 6 102.4%, Oct 4 102.6%.

Milpitas sale to list ratio by year

YearSale to list ratiovs Last Year, pointsCounty ratio
2021106.6%107.5%
2022107.2%+0.6106.6%
2023103.2%-4.0103.1%
2024106.4%+3.2105.4%
2025103.6%-2.8103.8%
2026 to date103.2%-0.4103.6%

Sale to list ratio is the average closing price divided by the average final list price across closed sales for the period. The 2026 row covers January 1 through October 4, 2026 and is compared with the same weeks of 2025. Changes are shown in percentage points.

Milpitas sale to list ratio by week, 13 weeks ending October 4, 2026, against the same weeks of 2025

Week endingClosed sales that week13 week ratio 202613 week ratio 2025vs Last Year, pointsCounty 13 week ratio 2026
Jul 125103.6%103.1%+0.5103.2%
Jul 197103.6%103.6%+0.0103.1%
Jul 266103.5%102.9%+0.6102.9%
Aug 27103.2%102.5%+0.7102.8%
Aug 93102.7%102.4%+0.3102.7%
Aug 164102.6%102.0%+0.6102.6%
Aug 236102.3%101.9%+0.4102.6%
Aug 304101.7%102.1%-0.3102.4%
Sep 64101.5%101.4%+0.1102.4%
Sep 1311101.1%101.5%-0.4102.3%
Sep 203101.6%102.1%-0.6102.5%
Sep 273101.1%102.5%-1.4102.5%
Oct 46101.4%102.8%-1.4102.6%

Your neighbors are selling. Should you?

Milpitas closed sales averaged 101.4% of final list price over the 13 weeks ending October 4, 2026 and the 2026 year to date median sale price is $1.29M. Get a current valuation built from the same MLS data on this page.

233Milpitas closed sales, 2026 to date
101.4%Sale to list ratio, 13 weeks ending Oct 4
15Median days on market, 13 weeks ending Oct 4
What's my Milpitas home worth? Talk to Timothy

Milpitas home prices by property type

The 2026 year to date median sale price in Milpitas was $1.62M for a single family home, $1.18M for a townhome, and $802K for a condo. The average sale prices were $1.78M, $1.16M, and $846K.

Milpitas 2026 year to date by property type

Property typeMedian sale priceAverage sale priceMedian price per sq ftAverage price per sq ftMedian days on marketAverage days on marketSale to listClosed sales
Single Family$1.62M$1.78M$1,003$1,0081217104.4%110
Townhome$1.18M$1.16M$733$7311324101.7%85
Condo$802K$846K$664$6622444100.3%38

Property types follow the MLSListings Inc. classification of each closed sale. Figures cover January 1 through October 4, 2026.

How has the Milpitas market changed over 5 years?

Comparing the same weeks of each year, January through October 4, 2026, the median sale price in Milpitas moved from $1.19M in 2021 to $1.29M in 2026, a total change of +8.7%.

Milpitas 5 year change, January through October 4, 2026, 2021 to 2026

Metric2021 to date2026 to date5 year change
Median sale price$1.19M$1.29M+8.7%
Average sale price$1.22M$1.40M+15.1%
Median price per square foot$732$787+7.6%
Average price per square foot$763$851+11.4%
Median days on market813+5 days
Average days on market1424+10 days
Sale to list ratio106.1%103.2%-3.0
Closed sales, January 1 through October 4, 2026450233-48.2%

Each year is measured from January 1 through the matching week of that year, so the comparison covers the same weeks in every year.

Milpitas housing market: ten year history, 2017 to 2026

Across ten years of MLSListings Inc. closed sales, the Milpitas median sale price rose from $900K in 2017 to $1.40M in 2025, the last full year, and stands at $1.29M for 2026 through September. The rise was not a straight line: the median fell in 2019 and 2023, then climbed every year from 2024. Closed sales peaked at 569 in 2021 and reached their low of 290 in 2023. Homes sold fastest in 2021 at an average of 14 days on market and slowest in 2019 at 30 days, and the sale to list ratio has run 100 to 108% across the series. Against the county, Milpitas has sat below the Santa Clara County median in every year of the series.

Milpitas by year, all property types, 2017 to 2026

YearMedian sale priceAverage sale priceMedian price per sq ftClosed salesAverage days on marketSale to list
2017$0.90M$0.93M$59143916107.0%
2018$1.07M$1.09M$71147218107.9%
2019$0.99M$1.01M$65745230100.5%
2020$1.04M$1.07M$67143121101.7%
2021$1.20M$1.22M$74356914106.6%
2022$1.33M$1.36M$82343815107.2%
2023$1.31M$1.31M$82329018103.2%
2024$1.38M$1.41M$87638218106.4%
2025$1.40M$1.50M$84930122103.6%
2026, Jan to Sep$1.29M$1.40M$78523024103.2%

Ten year figures are calculated by Aegis Luxury Real Estate from every closed single family, townhome, and condo sale in Milpitas reported to MLSListings Inc., using the same definitions as every other table on this page. Annual rows are full calendar years; 2026 covers January through September. Active listing and pending counts are not shown for earlier years. The full Santa Clara County ten year history, by property type, is on the Santa Clara County housing market page.

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Methodology and sources

How every figure on this page is produced. The same definitions apply to every city report and the Santa Clara County report.

Show all 19 definitions
ItemDefinition
SourceClosed sales, active listings, and listings under contract reported to MLSListings Inc. Statistics are calculated by Aegis Luxury Real Estate from that data.
Geographic coverageA sale is counted in Milpitas when the MLSListings Inc. city field for the property is Milpitas and the property is in Santa Clara County.
Property typesSingle family homes, townhomes, and condos, as classified by MLSListings Inc. Figures marked all property types combine the three.
MedianThe middle value when every closed sale in the period is ranked, calculated from individual sales.
AverageThe total of all values in the period divided by the number of closed sales.
Days on marketThe MLS days on market field reported for each closed sale. Sales without that field are left out of the days on market figures.
Reporting weekWeeks run Monday through Sunday. The page updates every Monday and covers the week that ended the day before.
Trailing 13 weeksThe 13 completed weeks ending with the latest reporting week. Medians, averages, ratios and counts for a period of weeks are calculated from the individual sales that closed inside those 13 weeks. This is the main window for the headline figures because a single week in one city holds too few sales for a stable median.
Active listingsListings on the market every Sunday: listed on or before that day and not yet closed, canceled, expired, withdrawn, or pending. Contingent listings, which have an accepted offer but remain on the market, are included. Months of supply is calculated from this count.
Pending salesListings under contract every Sunday: contract date on or before that day and not yet closed, whether pending or contingent. Contingent listings appear in both the active and the pending counts, so the two figures are not added together. Pending counts begin in September 2025.
Months of supplyActive listings on the latest Sunday divided by the average monthly closed sales over the prior 13 weeks.
Sale to list ratioAverage closing price divided by average final list price across closed sales in the period.
vs Last YearThe same weeks one year earlier: the 13 weeks ending on the matching Sunday of the prior year.
Year to dateJanuary 1 through the latest reporting week, compared with the same weeks of the prior year.
Last 52 weeksThe 52 completed weeks ending with the latest reporting week, compared with the 52 weeks before them.
County comparisonsCounty figures cover residential sales in the 15 incorporated cities of Santa Clara County; unincorporated areas are not included. County medians are calculated from every qualifying sale across the 15 incorporated cities, not from city medians. County averages and ratios are weighted by closed sales.
Historical coverageAnnual history runs from January 2017. Weekly active listing counts begin in January 2021, so inventory history starts there.
Update cadenceStatistics update every Monday and always cover the previous completed week. Listing data referenced in the MLS disclosure refreshes separately.
Small samplesWhen a period has fewer than 10 closed sales, the page shows the sale count and notes that medians and averages can move sharply. A single week in a city usually falls below 10, so weekly rows show the count of closed sales and the trailing 13 week figures; year to date and last 52 weeks figures are the steadier read.
Week ending October 4, 2026. Statistics cover the 13 weeks ending Sunday, October 4, 2026, and the week itself. Updated October 8, 2026 at 7:24 PM Pacific. Source: MLSListings Inc. Information deemed reliable but not guaranteed. Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate. Market statistics update every Monday and always cover the previous completed week. Active listings and pending sales are counted every Sunday. Next update: Monday, October 12, 2026, with the week ending October 11.

Milpitas market questions, answered

The questions Timothy hears most about the Milpitas market. Every figure below reads from the same data as the tables above.

What is the median home price in Milpitas?

The median sale price in Milpitas was $1.32M over the 13 weeks ending October 4, 2026, down 6.7% vs Last Year, against a Santa Clara County median of $1.60M.

Are home prices going up in Milpitas?

For 2026 to date, measured january 1 through october 4, 2026, the median sale price in Milpitas is $1.29M, down 8.6% vs Last Year.

How long does it take to sell a home in Milpitas?

Homes in Milpitas sold in a median of 15 days on market over the 13 weeks ending October 4, 2026, and an average of 28 days.

How many homes are for sale in Milpitas?

There were 76 active listings in Milpitas on October 4, 2026, or 4.8 months of supply at the pace of the prior 13 weeks.

Do homes in Milpitas sell above asking price?

Closed sales in Milpitas averaged 101.4% of final list price over the 13 weeks ending October 4, 2026. A ratio above 100% means the typical home closed above its final list price, which it did over this period.

How many homes have sold in Milpitas this year?

233 homes closed in Milpitas from January 1 through October 4, 2026.

How often is this Milpitas market data updated?

Every Monday. The page always covers the previous completed week, so the figures above are the week ending October 4, 2026. Active listings and listings under contract are counted every Sunday.

Which cities border Milpitas?

San Jose, Santa Clara, Sunnyvale, Cupertino, Campbell, Mountain View, Los Altos, Morgan Hill, Los Gatos, and Palo Alto. Each has its own market report with the same definitions and the same weekly cadence.

Timothy Alston, Broker, Aegis Luxury Real Estate

Timothy Alston

Broker, DRE# 01328224, Aegis Luxury Real Estate. 23 years in Silicon Valley.

I built this entire data platform because I believe buyers and sellers deserve transparent, current market intelligence, not guesswork. Every figure on every city page comes from the same MLS feed I use to advise my clients. The difference between a good deal and a great deal is knowing what the data says before you sit down at the table.

Schedule a consultation (408) 207-4593
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