Blog > Silicon Valley Housing Market by City: Data Briefs for 25 Cities

Silicon Valley Housing Market by City: Data Briefs for 25 Cities

by Eric & Janelle Boyenga

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We wrote a data brief for every Silicon Valley city with at least 100 home sales in the last 12 months: 25 cities from Gilroy to South San Francisco. Each one pulls that city’s numbers from all of our Property Nerds® datasets into one read: prices now and since 2012, the 2022 dip, the price ladder from entry price to top end, bidding wars and discounts, the best month to close, the share of sales under $1 million and the latest quarter. Pick a city below.

For scale: across Silicon Valley the median sale price was $1.65M over the last 12 months (October 2025 – September 2026, 15,237 sales), at $992 per square foot, and 60% of sales from January 2024 through September 2026 closed over asking.

Santa Clara County

CityMedian price$ per sq ftOver asking, 2024–26Sales, 12 months
Campbell$1.85M$1,08061%272
Cupertino$3.01M$1,49668%278
Gilroy$1.10M$52444%394
Los Altos$4.55M$1,87861%327
Los Gatos$2.30M$1,10343%465
Milpitas$1.30M$80566%350
Morgan Hill$1.32M$63544%458
Mountain View$1.84M$1,10965%511
Palo Alto$3.44M$1,94562%528
San Jose$1.40M$87361%5,387
Santa Clara$1.68M$1,07567%670
Saratoga$4.00M$1,49060%279
Sunnyvale$1.80M$1,23073%859

San Mateo County (bay side)

CityMedian price$ per sq ftOver asking, 2024–26Sales, 12 months
Belmont$2.25M$1,25266%196
Burlingame$2.85M$1,45658%239
Daly City$1.18M$77770%423
Foster City$1.43M$90659%222
Hillsborough$6.50M$1,61940%129
Menlo Park$2.90M$1,57953%369
Millbrae$2.04M$1,09968%148
Redwood City$2.10M$1,19159%612
San Bruno$1.26M$90360%232
San Carlos$2.50M$1,29959%327
San Mateo$1.68M$1,10658%813
South San Francisco$1.25M$83872%296

The smaller towns

Atherton, East Palo Alto, Los Altos Hills, Monte Sereno, Portola Valley and Woodside had fewer than 100 sales in the last 12 months, so they don’t get a brief of their own; their numbers swing more from year to year. Each one still has a datasheet on the City Scorecard.

Comparing cities?

  • City Scorecard: every city’s numbers on one spec sheet, with a sortable table.
  • Market Map: every city as a tile, colored by the measure you pick.
  • Price Ladder: entry, median and top-end prices in every city.
  • Q3 2026 report: the latest quarter against a year earlier.

How we counted

Closed sales reported to the MLS, read through the IDX feeds that power our home search, with repeat records removed. Houses, condos and townhomes are counted together. The figures describe homes that sold, not a forecast and not a ranking of places to live. Every dataset is in the Property Nerds® Data Library.

Weighing a move between cities?

A Property Nerd will put the cities on your list side by side, down to the neighborhoods and homes that fit. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.

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