Santa Clara, CA—95050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Santa Clara, CA
As of Oct '25, the median home price in Santa Clara, CA is $1,566,000, with a year-over-year change of 0.1%. This indicates that home prices in Santa Clara, CA are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,566,000 | 0.1% |
| Single Family | $1,666,000 | -0.1% |
| Condos | $780,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $558,000 | -7.2% |
2 Bed | $1,072,000 | -2.5% |
3 Bed | $1,640,000 | -0.1% |
4 Bed | $1,994,000 | -0.5% |
| 5 Bed | $2,164,000 | 0.0% |
% of Housing Stock
Rental Trends — Santa Clara, CA
As of July '25, Rentcast reports the average rent in Santa Clara, CA is $3,160, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Santa Clara, CA is studios: $3,140, 1-bedrooms: $2,340, 2-bedrooms: $3,010, 3-bedrooms: $4,900, 4-bedrooms: $5,200. The most common rental property sizes in Santa Clara, CA are 2-bedroom and 1-bedroom, accounting for 44.6% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,160 |
| Studio Rent | $3,380 | $3,140 |
| 1 Bed Rent | $2,200 | $2,340 |
| 2 Bed Rent | $2,900 | $3,010 |
| 3 Bed Rent | $4,800 | $4,900 |
| 4 Bed Rent | $5,250 | $5,200 |
% of Rental Stock
Property Listings — Santa Clara, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Santa Clara, CA is 33. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,350,000 | -13.0% |
Listing Count | 50 | 5.0% |
| Listings as % of Homes | 0.1% | 5.0% |
Days on Market | 33 | -14.0% |
Demographics — Santa Clara, CA
As of the latest ACS Survey released in 2023, Santa Clara, CA has a population of 39,800, which has remained stable by 1.0% over the past 5 years. Santa Clara, CA is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 54.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,800 | 1.0% |
% Under 18 | 17.2% | -12.2% |
% Seniors | 12.8% | 10.3% |
% WFH | 19.1% | 306.4% |
% w/ College Degree | 54.1% | 9.7% |
As of the latest ACS Survey released in 2023, Santa Clara, CA is a predominantly white area, with 36.8% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Santa Clara, CA is asian, making up 33.2% of the population. Foreign-born residents account for 37.1% of the population in Santa Clara, CA, and this percentage has increased by 9.4% 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 | 36.8% | -12.0% |
% Black | 2.6% | -29.7% |
% Hispanic | 21.8% | -11.0% |
% Asian | 33.2% | 35.0% |
% Foreign Born | 37.1% | 9.4% |
Mortgage and Risk — Santa Clara, CA
According to HUD data as of 2023, there were 284 mortgage originations in Santa Clara, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Santa Clara, CA. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Santa Clara, CA
As of 2024, the percent of homes in Santa Clara, CA under the Section 8 program is 5.2%. 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 Santa Clara, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 492 |
Total Units Section 8 | 488 |
% Rentals under Section 8 | 5.2% |
% Occupied Section 8 | 92.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $2,200 | $2,700 |
| 2 Bedroom | $230 | $2,900 | $3,130 |
| 3 Bedroom | -$730 | $4,800 | $4,070 |
| 4 Bedroom | -$820 | $5,250 | $4,430 |
Affordability — Santa Clara, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.6 |
| Median Home Price | $1,566,000 |
| Median Household Income | $130,000 |