Cupertino, CA—95014
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cupertino, CA
As of Oct '25, the median home price in Cupertino, CA is $2,994,000, with a year-over-year change of 1.5%. This indicates that home prices in Cupertino, CA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,994,000 | 1.5% |
| Single Family | $3,152,000 | 1.3% |
| Condos | $1,163,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $791,000 | -5.3% |
2 Bed | $1,246,000 | -4.4% |
3 Bed | $2,758,000 | 2.2% |
4 Bed | $3,342,000 | 1.4% |
| 5 Bed | $3,871,000 | 0.4% |
% of Housing Stock
Rental Trends — Cupertino, CA
As of July '25, Rentcast reports the average rent in Cupertino, CA is $4,020, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Cupertino, CA is studios: $2,510, 1-bedrooms: $3,020, 2-bedrooms: $3,840, 3-bedrooms: $4,620, 4-bedrooms: $6,770. The most common rental property sizes in Cupertino, CA are 2-bedroom and 1-bedroom, accounting for 44.9% and 22.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,610 | $4,020 |
| Studio Rent | $2,440 | $2,510 |
| 1 Bed Rent | $3,200 | $3,020 |
| 2 Bed Rent | $3,750 | $3,840 |
| 3 Bed Rent | $4,500 | $4,620 |
| 4 Bed Rent | $6,600 | $6,770 |
% of Rental Stock
Property Listings — Cupertino, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cupertino, CA is 26. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,660,000 | -12.0% |
Listing Count | 60 | -13.0% |
| Listings as % of Homes | 0.1% | -13.0% |
Days on Market | 26 | -1.0% |
Demographics — Cupertino, CA
As of the latest ACS Survey released in 2023, Cupertino, CA has a population of 61,100, which has decreased by -2.1% over the past 5 years. Cupertino, CA is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 83.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,100 | -2.1% |
% Under 18 | 23.4% | -10.7% |
% Seniors | 14.0% | 2.9% |
% WFH | 28.3% | 379.7% |
% w/ College Degree | 83.0% | 6.0% |
As of the latest ACS Survey released in 2023, Cupertino, CA is a predominantly asian area, with 71.3% of the population identifying as asian. The asian population has grown by 5.6% in the last 5 years. The second most common race or ethnicity in Cupertino, CA is white, making up 21.4% of the population. Foreign-born residents account for 55.0% of the population in Cupertino, CA, and this percentage has increased by 2.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 21.4% | -14.1% |
% Black | 1.0% | 0.0% |
% Hispanic | 2.9% | -21.6% |
% Asian | 71.3% | 5.6% |
% Foreign Born | 55.0% | 2.4% |
Mortgage and Risk — Cupertino, CA
According to HUD data as of 2023, there were 448 mortgage originations in Cupertino, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Cupertino, CA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 448 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Cupertino, CA
As of 2024, the percent of homes in Cupertino, CA under the Section 8 program is 2.1%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cupertino, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 189 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 95.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $680 | $3,200 | $3,880 |
| 2 Bedroom | $750 | $3,750 | $4,500 |
| 3 Bedroom | $1,350 | $4,500 | $5,850 |
| 4 Bedroom | -$230 | $6,600 | $6,370 |
Affordability — Cupertino, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.2 |
| Median Home Price | $2,994,000 |
| Median Household Income | $229,000 |