Sunnyvale, CA—94086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sunnyvale, CA
As of Oct '25, the median home price in Sunnyvale, CA is $1,853,000, with a year-over-year change of -1.6%. This indicates that home prices in Sunnyvale, CA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,853,000 | -1.6% |
| Single Family | $2,123,000 | -0.3% |
| Condos | $976,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $634,000 | -3.5% |
2 Bed | $1,098,000 | -3.9% |
3 Bed | $1,908,000 | -1.2% |
4 Bed | $2,453,000 | 0.5% |
| 5 Bed | $2,784,000 | 0.4% |
% of Housing Stock
Rental Trends — Sunnyvale, CA
As of July '25, Rentcast reports the average rent in Sunnyvale, CA is $3,640, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Sunnyvale, CA is studios: $2,450, 1-bedrooms: $2,860, 2-bedrooms: $3,120, 3-bedrooms: $4,810, 4-bedrooms: $5,960. The most common rental property sizes in Sunnyvale, CA are 2-bedroom and 1-bedroom, accounting for 37.9% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,290 | $3,640 |
| Studio Rent | $2,000 | $2,450 |
| 1 Bed Rent | $2,840 | $2,860 |
| 2 Bed Rent | $2,910 | $3,120 |
| 3 Bed Rent | $4,600 | $4,810 |
| 4 Bed Rent | $5,750 | $5,960 |
% of Rental Stock
Property Listings — Sunnyvale, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunnyvale, CA is 36. 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,650,000 | -6.0% |
Listing Count | 53 | 13.0% |
| Listings as % of Homes | 0.1% | 13.0% |
Days on Market | 36 | 19.0% |
Demographics — Sunnyvale, CA
As of the latest ACS Survey released in 2023, Sunnyvale, CA has a population of 49,000, which has decreased by -1.4% over the past 5 years. Sunnyvale, CA is a moderately popular place for families, as children make up 19.0% of the population. The area has a highly educated workforce, with 70.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,000 | -1.4% |
% Under 18 | 19.0% | -5.0% |
% Seniors | 10.1% | -5.6% |
% WFH | 25.0% | 400.0% |
% w/ College Degree | 70.2% | 5.2% |
As of the latest ACS Survey released in 2023, Sunnyvale, CA is a predominantly asian area, with 48.6% of the population identifying as asian. The asian population has grown by 7.3% in the last 5 years. The second most common race or ethnicity in Sunnyvale, CA is white, making up 27.7% of the population. Foreign-born residents account for 49.8% of the population in Sunnyvale, CA, and this percentage has decreased by 2.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 27.7% | -9.5% |
% Black | 1.3% | -18.8% |
% Hispanic | 17.1% | -6.6% |
% Asian | 48.6% | 7.3% |
% Foreign Born | 49.8% | -2.5% |
Mortgage and Risk — Sunnyvale, CA
According to HUD data as of 2023, there were 321 mortgage originations in Sunnyvale, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Sunnyvale, CA. Investor activity is low, as 3.0% 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 | 321 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Sunnyvale, CA
As of 2024, the percent of homes in Sunnyvale, CA under the Section 8 program is 4.6%. 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 Sunnyvale, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 684 |
Total Units Section 8 | 662 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $2,840 | $3,220 |
| 2 Bedroom | $820 | $2,910 | $3,730 |
| 3 Bedroom | $250 | $4,600 | $4,850 |
| 4 Bedroom | -$470 | $5,750 | $5,280 |
Affordability — Sunnyvale, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $1,853,000 |
| Median Household Income | $180,000 |