$4,800
4 bd4 ba1,674 sqft
681 Fernleaf Dr
Milpitas, CA Housing Market
$1,437,673
3.3% 1-yrThe average Milpitas, CA home value is $1,437,673, down 3.3% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Milpitas Key Takeaways
Typical Home Values: $1,437,673
1-year Value Change: -3.3%
(Data through January 31, 2026)
Milpitas Housing Market Overview
--1-year Market Forecast
53For sale inventory(January 31, 2026)
21New listings(January 31, 2026)
--Median sale to list ratio
--Median sale price(December 31, 2025)
$1,129,000Median list price(January 31, 2026)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Milpitas
- NameMedian ZHVI
- Sunny Hills$1,588,461
- Berryessa$1,617,905
- Vineyards-Avalon$3,169,878
- Warm Springs$1,743,983
- East Industrial$1,193,390
- North Valley$1,175,224
- North San Jose$1,091,107
- East Foothills$1,399,199
- Weibel$2,347,726
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Milpitas Rental Market Trends
$3,321Average rent in Milpitas(January 31, 2026)
$1,895National average rent(January 31, 2026)
0.5%Month-over-month change(January 31, 2026)
5.1%Year-over-year change(January 31, 2026)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
