The Milpitas housing market is most competitive. Homes in Milpitas receive 7 offers on average and sell in around 9 days. The median sale price of a home in Milpitas was $1.4M last month, up 14.3% since last year. The median sale price per square foot in Milpitas is $809, up 1.7% since last year.
What is the housing market like in Milpitas today?
In March 2024, Milpitas home prices were up 14.3% compared to last year, selling for a median price of $1.4M. On average, homes in Milpitas sell after 9 days on the market compared to 12 days last year. There were 35 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,400,000
+14.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Milpitas, CA
$1,400,000
+14.3%
United States
To compare other locations to the Milpitas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Milpitas add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Milpitas housing market?
Milpitas is most competitive. Homes sell in 9.5 days.
0
100
95
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 10 days.
Hot homes
can sell for about 14% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Milpitas
Explore recent offers and recently sold homes in Milpitas
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$1.25M Offer
Sold for $1.25M
2bd | 2.5ba | ~1,250sqft
Over List Price
11%
Days on Market
8
Competing Offers
4
Down Payment
—
Mary Katherine Mulford
Milpitas Redfin Agent
Buyers went up twice and reached their purchase maximum. Property went over max budget.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Joseph Weller Elementary School
Public • K-6
454
Students
13 reviews
7/10
Curtner Elementary School
Public • K-6
730
Students
22 reviews
7/10
Anthony Spangler Elementary School
Public • K-6
589
Students
18 reviews
7/10
Marshall Pomeroy Elementary School
Public • K-6
722
Students
28 reviews
6/10
Northwood Elementary School
Public • K-5
574
Students
14 reviews
Only showing 5 of
17 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Milpitas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Milpitas.
Risk Factor
Flood Factor - Moderate
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Milpitas has a moderate risk of flooding. 1,472 properties in Milpitas are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in Milpitas. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
Milpitas has a moderate risk of wildfire. There are 15,605 properties in Milpitas that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in Milpitas.