Milpitas, CA housing market
The typical Milpitas home is worth about $1,386,000, down 1.1% in a year, 81% above the California typical home. Homes typically sell in 18 days, a little above asking.
Home values, sales, trends and how Milpitas compares with the towns next door — updated as new data is published.
Milpitas at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Milpitas | California |
|---|---|---|
| 2017 | $773,000 | $453,000 |
| 2018 | $863,000 | $501,000 |
| 2019 | $1,074,000 | $539,000 |
| 2020 | $994,000 | $551,000 |
| 2021 | $1,082,000 | $607,000 |
| 2022 | $1,257,000 | $703,000 |
| 2023 | $1,261,000 | $727,000 |
| 2024 | $1,356,000 | $758,000 |
| 2025 | $1,484,000 | $782,000 |
| 2026 | $1,436,000 | $767,000 |
| August 2026 | $1,386,000 | $764,000 |
Milpitas and its neighbors
7.8 years of income
The typical Milpitas home costs about 7.8 years of the town's median household income, about the same as across California (7.7).
How Milpitas ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.