Santa Clara housing market: median home price and forecast
Santa Clara home prices: the Zillow Home Value Index puts a typical home in Santa Clara, California at $1,642,638 for September 2026. That figure stands +0.5% above a year before and −3.8% below the $1,706,872 peak reached in January 2025.
- Typical value of a home
- $1,642,638September 2026, Zillow ZHVI
- Change over 12 months
- +0.5%. Since September 2025.
Santa Clara home prices since 2000
Santa Clara appears as the steel line, while the United States appears as the grey line. Between January 2000 and now, the typical Santa Clara home went from $338,645 to $1,642,638, or ×4.85; the US over the same months was ×2.99. During the boom, prices peaked in April 2007 at $629,332. They fell to a low of $447,594 in December 2011, a −28.9% change.
Santa Clara median home price by year
Each yearly figure is the average of twelve monthly values. For 2026, the latest month is shown.
| Year | Santa Clara | Change on the year | United States |
|---|---|---|---|
| 2000 | $374,897 | $125,745 | |
| 2001 | $450,946 | +20.3% | $134,899 |
| 2002 | $439,034 | −2.6% | $144,276 |
| 2003 | $450,818 | +2.7% | $155,308 |
| 2004 | $494,204 | +9.6% | $169,891 |
| 2005 | $586,139 | +18.6% | $189,732 |
| 2006 | $624,861 | +6.6% | $206,531 |
| 2007 | $624,082 | −0.1% | $208,449 |
| 2008 | $561,567 | −10.0% | $195,574 |
| 2009 | $481,354 | −14.3% | $177,542 |
| 2010 | $486,956 | +1.2% | $171,462 |
| 2011 | $458,898 | −5.8% | $162,508 |
| 2012 | $487,333 | +6.2% | $161,137 |
| 2013 | $604,757 | +24.1% | $171,420 |
| 2014 | $692,976 | +14.6% | $182,996 |
| 2015 | $813,839 | +17.4% | $192,738 |
| 2016 | $886,686 | +9.0% | $204,509 |
| 2017 | $922,756 | +4.1% | $216,767 |
| 2018 | $1,185,828 | +28.5% | $230,541 |
| 2019 | $1,186,618 | +0.1% | $242,088 |
| 2020 | $1,202,305 | +1.3% | $257,151 |
| 2021 | $1,332,939 | +10.9% | $295,959 |
| 2022 | $1,501,947 | +12.7% | $340,014 |
| 2023 | $1,431,752 | −4.7% | $348,160 |
| 2024 | $1,595,816 | +11.5% | $359,751 |
| 2025 | $1,665,493 | +4.4% | $362,959 |
| September 2026 | $1,642,638 | +0.5% | $366,157 |
What a home bought in Santa Clara in any year is worth today
Estimate based on an index for a typical home, not an appraisal.
Each year's figure averages its twelve monthly index values. The current value is September 2026. Other choices include a home appreciation calculator.
Are you thinking of selling? Compare local agents using Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.
Santa Clara housing market forecast
Over the 12 months from September 2026, Zillow's forecast has the San Jose, CA metro up +1.9%, with −1.0% over the next three months. Santa Clara's typical value is $1,642,638, which on that forecast would sit near $1,673,800 a year on.
This is Zillow's central forecast for the metro, repeated here. The site does not publish a forecast of its own. Forecasts of this kind for 12 months have usually differed from the realised change by several percentage points, either above or below it. This is not investment advice.
One table holds the forecast for every metro: housing market forecast.
Santa Clara housing market crash risk score
61 out of 100: high
On five conditions that ran high before earlier price falls, the score ranks Santa Clara among 292 cities. Every input is scored from 0 to 100 compared with the other cities. The five scores are then averaged with equal weight. This score shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +0.3% | 48 | 20% |
| Days on the market vs 2019 | −18.6% | 10 | 20% |
| Price-to-rent ratio | 34.6 | 97 | 20% |
| Price-to-income ratio | 9.1 | 94 | 20% |
| 12-month price change | +0.5% | 57 | 20% |
This is not investment advice. The methodology sets out the scoring of the inputs. All 292 cities are ranked here: crash risk by city.
Santa Clara inventory and days on market
In September 2026 the San Jose, CA metro listed 2,112 homes for sale, up +17.4% from a year earlier and +0.3% from the same month in 2019. The median time to sell a listed home was 35 days (−18.6% against 2019), while 16.4% of listings received a price cut.
| San Jose, CA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,112 | +17.4% |
| New listings | 1,336 | |
| Median days on market | 35 | −2.8% |
| Median list price | $1,388,472 | +1.7% |
| Share with a price cut | 16.4% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metro areas: days on market by city.
Living costs in Santa Clara
The Zillow Observed Rent Index shows a typical asking rent of $3,958 a month in Santa Clara, +7.9% on a year. 34.6 years of that rent equal the cost of the typical home. Median household income stands at $180,631 (Census ACS 2024), which puts the typical home at 9.1 times that yearly income. According to BEA, metro prices stand at 110.4 compared with a US average of 100, while housing costs reach 211.9.
The salary required to move there, with rent and prices: cost of living in Santa Clara.
Additional California housing markets
- $927,891. Los Angeles
- $980,490. San Diego
- $1,353,869. San Jose
- $1,441,021. San Francisco
- $384,885. Fresno
- $470,552. Sacramento
- Long Beach $852,391
- $710,647. Oakland
- $385,686. Bakersfield
- $941,684. Anaheim
For the entire state: California housing market.
How to read the chart
Each point plots the Zillow Home Value Index for Santa Clara: the worth of a typical home within the middle third of the housing market, smoothed and seasonally adjusted, in that month's dollars. On the slider, the hollow dot marks the month selected; the terracotta dot marks the latest month. No inflation adjustment is applied to the figures. Because an index tracks the typical home rather than one specific house, use the card above it or the appreciation calculator to find what one house is worth based on its own sale price.