Milpitas, CA
Full City Profile · California · Alameda County County
3.5
/5.0
B+
Good
78,216
Population
5,802/sq mi density
$176,822
Median Income
$67,448 per capita
$1,180,000
Home Value
$1,480,234 Zillow
$3,112
Median Rent
24.8% income on rent
59°F
Avg Temperature
326 sunny days/yr
124
Violent Crime/100K
2,663 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$176,822 median income, 2.8% unemployment
C+
Affordability
2.9 / 5.0
$1,180,000 home value, $3,112/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
A+
Education
5.0 / 5.0
58.6% bachelor's degree or higher
Housing Overview
Median Home Value
$1,180,000
319% above
US avg: $281,900
Median Rent
$3,112/mo
168% above
US avg: $1,163/mo
Homeownership Rate
59.3%
9% below US avg (65.4%)
Total Housing Units
25,252
Median year built: 1986
Home Value by Source
Census Median
$1,180,000
Zillow (ZHVI)
$1,480,234
Median Sale Price
$1,501,250
Median List Price
$1,248,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.3%
Owner-Occupied
40.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$3,112/mo
· Zillow rent:
$3,348/mo
Market Indicators (Redfin)
Median Days on Market
11 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
34
Price Drops
21.2%
of listings with price reduction
Price Per Sq Ft
$866
Active Inventory
52
homes for sale
Affordability & Housing Stock
Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
59.3%
Complete Housing Data
Home Values
| Census Median Value | $1,180,000 |
| Zillow Home Value (ZHVI) | $1,480,234 |
| Median Sale Price | $1,501,250 |
| Median List Price | $1,248,000 |
| Price Per Sq Ft | $866 |
Rent
| Census Median Rent | $3,112 |
| Zillow Rent (ZORI) | $3,348 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 11 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.2% |
| Homes Sold | 34 |
| Active Inventory | 52 |
| Price Per Sq Ft | $866 |
Ownership & Stock
| Owner-Occupied | 59.3% |
| Renter-Occupied | 40.7% |
| Homeownership Rate | 59.3% |
| Total Housing Units | 25,252 |
| Median Year Built | 1986 |
| Rent Burden | 24.8% |
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