Milpitas Home Prices
· Single-family homes · MLS sold data
Milpitas' average sold price for single-family homes was $1,790,218 over the last three months, up 3.8% compared with three months ago and down 1.2% over six months. Homes sold 2.6% over asking on average, at $1,013 per square foot, across 52 sales. That's the 18th highest average price of the 29 Bay Area cities on the map. Homes that sold here averaged 1,825 sq ft on lots averaging 6,213 sq ft over the last six months.
Avg sold price · 3 mo
$1,790,218
18th highest of 29 cities
Price change · 3 mo
+3.8%
1 mo −2.7% · 6 mo −1.2%
Over asking · 3 mo
+2.6%
29-city average +6.2%
$ / sq ft · 3 mo
$1,013
29-city average $1,064
Homes sold · 3 mo
52
single-family sales
Avg home size · 6 mo
1,825 sf
on 6,213 sf lots
3-month price changeBeyond -5%-3 to -5%-1 to -3%Within 1%+1 to +3%+3 to +5%Beyond +5%Not in the table
Milpitas vs. Nearby Cities
| City | Avg sold price | 3-mo | $ / sq ft | Over asking |
|---|---|---|---|---|
| Milpitas | $1,790,218 | +3.8% | $1,013 | +2.6% |
| Santa Clara | $1,926,683 | −5.6% | $1,273 | +4.0% |
| San Jose | $1,747,127 | −6.6% | $979 | +1.5% |
| Sunnyvale | $2,677,794 | +2.7% | $1,550 | +6.8% |
| Fremont | $1,860,408 | −8.6% | $1,038 | +2.4% |
Questions About Milpitas Home Prices
What is the average home price in Milpitas?
$1,790,218 for a single-family home, or $1,013 per square foot, averaged over 52 sales in the last three months. That ranks 18th of the 29 cities on the map, right in the middle of the pack. Over the last six months, the average home that sold had 1,825 sq ft of living space.
Are prices going up or down?
Down lately. The average sold price fell 2.7% from last month but is 3.8% above where it was three months ago. Over six months it's down 1.2%.
Are homes selling over asking?
Yes, but less than the Bay Area overall. Homes sold 2.6% over asking on average, compared with 6.2% across all 29 cities, so buyers have a little more room to negotiate here.
Where does this data come from?
These numbers come from MLS sold data for detached single-family homes, so condos and townhomes aren't included. Josh Uy, a Bay Area Realtor with Everhome Real Estate (DRE 01952401), compiles them every month for his Bay Area Market Snapshot.
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SF & Peninsula
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East & South Bay
CampbellCupertinoDublinFremontHaywardLivermoreLos GatosMorgan HillMountain ViewNewarkOaklandPleasantonSan JoseSan RamonSanta ClaraSaratogaSunnyvaleUnion City
Avg sold price, % over asking, $/sq ft and homes sold cover the last 3 months. Avg home and lot size cover the last 6 months. Price changes compare the 3-month avg sold price with the same figure 1, 3 and 6 months earlier. Single-family homes only.
Source: MLS sold data via Josh's Bay Area Market Snapshot. Updated monthly by Josh Uy. See Bay Area home prices by city on the heat map