Milpitas Housing Market Report – August 2026

Here's a look at how the Milpitas, CA real estate market performed in August 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 36
Median Sale Price: $1,242,000
Average Sale Price: $1,302,300
Average Price Per Sq Ft: $747
Average Days on Market: 65
Sale-to-List Price Ratio: 99.2%

Month-Over-Month Trends

Compared to July, the median sale price in Milpitas moved 8.7% down (from $1,360,000 to $1,242,000). The number of homes sold was 12.2% down compared to the prior month (41 vs. 36). Average days on market shifted 6.6% up (61 days to 65 days).

Year-Over-Year Comparison

Compared to August 2025, the median sale price is 15.8% down (from $1,475,000 to $1,242,000). Sales volume is 12.2% down year-over-year.

Milpitas Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
95035	36	$1,242,000	$747	65

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	10	$1,775,000	$908
TOWNHOMES	9	$1,190,000	$732
CONDOS	7	$725,000	$638
CONDO	6	$1,291,000	$769
MOBILE	2	$354,500	$307
MULTI_FAMILY	1	$1,491,000	$786
COMMERCIAL	1	$1,241,000	N/A

Sales by Price Range

Price Range	Homes Sold
$200K - $299K	1
$400K - $499K	3
$500K - $749K	2
$750K+	30

Current Active Listings

As of this report, there are 181 active listings in Milpitas with a median asking price of $1,155,000 and an average of 57 days on market.

Thinking About Selling Your Milpitas Home?

If you're a homeowner in Milpitas considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Milpitas and throughout Santa Clara County — get a no-obligation cash offer today.