Mountain View, CA—94040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mountain View, CA
As of Oct '25, the median home price in Mountain View, CA is $2,745,000, with a year-over-year change of -1.1%. This indicates that home prices in Mountain View, CA are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,745,000 | -1.1% |
| Single Family | $3,105,000 | -1.2% |
| Condos | $887,000 | -7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $637,000 | -7.8% |
2 Bed | $985,000 | -6.5% |
3 Bed | $2,683,000 | -0.5% |
4 Bed | $3,530,000 | -0.8% |
| 5 Bed | $4,029,000 | -2.2% |
% of Housing Stock
Rental Trends — Mountain View, CA
As of July '25, Rentcast reports the average rent in Mountain View, CA is $3,770, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Mountain View, CA is studios: $2,880, 1-bedrooms: $3,100, 2-bedrooms: $4,040, 3-bedrooms: $5,600, 4-bedrooms: $7,250. The most common rental property sizes in Mountain View, CA are 1-bedroom and 2-bedroom, accounting for 36.5% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $3,770 |
| Studio Rent | $2,900 | $2,880 |
| 1 Bed Rent | $3,100 | $3,100 |
| 2 Bed Rent | $3,700 | $4,040 |
| 3 Bed Rent | $5,500 | $5,600 |
| 4 Bed Rent | $7,240 | $7,250 |
% of Rental Stock
Property Listings — Mountain View, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mountain View, CA is 25. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $999,000 | -13.0% |
Listing Count | 32 | -11.0% |
| Listings as % of Homes | 0.1% | -11.0% |
Days on Market | 25 | 19.0% |
Demographics — Mountain View, CA
As of the latest ACS Survey released in 2023, Mountain View, CA has a population of 35,600, which has remained stable by -0.7% over the past 5 years. Mountain View, CA is a moderately popular place for families, as children make up 21.0% of the population. The area has a highly educated workforce, with 77.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,600 | -0.7% |
% Under 18 | 21.0% | -5.0% |
% Seniors | 12.1% | 8.0% |
% WFH | 28.8% | 540.0% |
% w/ College Degree | 77.9% | 9.3% |
As of the latest ACS Survey released in 2023, Mountain View, CA is a predominantly white area, with 40.9% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Mountain View, CA is asian, making up 38.0% of the population. Foreign-born residents account for 44.2% of the population in Mountain View, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 40.9% | -2.2% |
% Black | 1.3% | -18.8% |
% Hispanic | 13.8% | -17.4% |
% Asian | 38.0% | 5.0% |
% Foreign Born | 44.2% | 0.0% |
Mortgage and Risk — Mountain View, CA
According to HUD data as of 2023, there were 219 mortgage originations in Mountain View, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Mountain View, CA. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 219 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Mountain View, CA
As of 2024, the percent of homes in Mountain View, CA under the Section 8 program is 3.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mountain View, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 344 |
Total Units Section 8 | 344 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $3,100 | $3,510 |
| 2 Bedroom | $360 | $3,700 | $4,060 |
| 3 Bedroom | -$230 | $5,500 | $5,270 |
| 4 Bedroom | -$1,490 | $7,240 | $5,750 |
Affordability — Mountain View, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 13.4 |
| Median Home Price | $2,745,000 |
| Median Household Income | $184,000 |