Milpitas Market Report
$1,086,042
AVERAGE PRICE OF 160 HOMES$1,373,856
AVERAGE PRICE OF 82 MULTI-MILLION DOLLAR HOMES$1,519,602
AVERAGE PRICE OF 11 NEWLY BUILT HOMES$915,809
AVERAGE PRICE OF 45 HOMES WITH A POOL$1,294,667
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $1,086,042 |
| Avg Bedrooms | 2.97 beds |
| Avg Bathrooms | 2.26 baths |
Average Price by Bedrooms
| 1 bedroom | $477,588 |
| 2 bedrooms | $845,736 |
| 3 bedrooms | $1,038,762 |
| 4 bedrooms | $1,562,737 |
| 5 bedrooms | $1,143,860 |
Milpitas Home Price Trends
| 2/2021 | 1/2021 | 12/2020 | 11/2020 | 10/2020 | |
|---|---|---|---|---|---|
| Total Listings | 81 | 129 | 156 | 185 | 217 |
| Average Price | $1,142,401 | $1,200,586 | $1,207,655 | $1,137,593 | $1,138,482 |
| Avg Price Change | -5.09% | -0.59% | +6.16% | -0.08% | +0.75% |
| Median Price | $1,018,749 | $1,004,753 | $1,025,129 | $1,021,851 | $1,025,897 |
| Med Price Change | +1.39% | -2.03% | +0.32% | -0.40% | +2.65% |
| Avg Bedrooms | 3.09 beds | 3.02 beds | 3.07 beds | 3.11 beds | 3.08 beds |
| Avg Bathrooms | 2.37 baths | 2.31 baths | 2.25 baths | 2.27 baths | 2.25 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Independence High | 1 | $998,000 | 95 days |
| Milpitas High | 33 | $1,059,165 | 29 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 160 | $1,086,042 | 37 days |
| Multi-Million Dollar Homes | 82 | $1,373,856 | 32 days |
| Newly Built Homes | 11 | $1,519,602 | 155 days |
| Homes with a Pool | 45 | $915,809 | 26 days |
| Reduced Price Homes | 6 | $1,294,667 | 42 days |
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