Los Gatos, CA—95032
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Los Gatos, CA
Home Price Trends — Los Gatos, CA
As of Oct '25, the median home price in Los Gatos, CA is $2,478,000, with a year-over-year change of -0.1%. This indicates that home prices in Los Gatos, CA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,478,000 | -0.1% |
| Single Family | $2,692,000 | 0.5% |
| Condos | $1,211,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $1,123,000 | 0.7% |
2 Bed | $1,311,000 | -2.7% |
3 Bed | $2,135,000 | -0.9% |
4 Bed | $2,988,000 | 1.4% |
| 5 Bed | $3,715,000 | 1.3% |
% of Housing Stock
Rental Trends — Los Gatos, CA
As of July '25, Rentcast reports the average rent in Los Gatos, CA is $4,360, with a year-over-year rent change of 14.1%. Per bedroom, the median rent as of July '25 in Los Gatos, CA is studios: $2,600, 1-bedrooms: $2,930, 2-bedrooms: $3,280, 3-bedrooms: $5,000, 4-bedrooms: $6,430. The most common rental property sizes in Los Gatos, CA are 2-bedroom and 3-bedroom, accounting for 36.8% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,200 | $4,360 |
| Studio Rent | $2,600 | $2,600 |
| 1 Bed Rent | $2,890 | $2,930 |
| 2 Bed Rent | $2,950 | $3,280 |
| 3 Bed Rent | $5,140 | $5,000 |
| 4 Bed Rent | $6,600 | $6,430 |
% of Rental Stock
Property Listings — Los Gatos, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Los Gatos, CA is 52. This is a increase of 41.0% 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 51.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,420,000 | 6.0% |
Listing Count | 55 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 52 | 41.0% |
Demographics — Los Gatos, CA
As of the latest ACS Survey released in 2023, Los Gatos, CA has a population of 27,700, which has increased by 5.3% over the past 5 years. Los Gatos, CA is a moderately popular place for families, as children make up 24.8% of the population. The area has a highly educated workforce, with 75.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,700 | 5.3% |
% Under 18 | 24.8% | 2.5% |
% Seniors | 19.5% | 17.5% |
% WFH | 29.6% | 236.4% |
% w/ College Degree | 75.9% | 16.2% |
As of the latest ACS Survey released in 2023, Los Gatos, CA is a predominantly white area, with 62.9% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Los Gatos, CA is asian, making up 20.6% of the population. Foreign-born residents account for 28.2% of the population in Los Gatos, CA, and this percentage has increased by 30.6% 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 | 62.9% | -8.2% |
% Black | 1.7% | 6.2% |
% Hispanic | 9.4% | 14.6% |
% Asian | 20.6% | 27.2% |
% Foreign Born | 28.2% | 30.6% |
Mortgage and Risk — Los Gatos, CA
According to HUD data as of 2023, there were 470 mortgage originations in Los Gatos, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Los Gatos, CA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 470 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Los Gatos, CA
As of 2024, the percent of homes in Los Gatos, CA under the Section 8 program is 4.2%. 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 Los Gatos, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 164 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 94.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $2,890 | $3,210 |
| 2 Bedroom | $770 | $2,950 | $3,720 |
| 3 Bedroom | -$310 | $5,140 | $4,830 |
| 4 Bedroom | -$1,330 | $6,600 | $5,270 |
Affordability — Los Gatos, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.3 |
| Median Home Price | $2,478,000 |
| Median Household Income | $195,000 |