Real Estate Market Update for 95035 (Milpitas, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 50% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 1.6-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 1.15-million dollars. The number of units sold increased 33% year-over-year, and decreased 20% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 95035 (Milpitas, CA)
Area Information for 95035 (Milpitas, CA)
  • Population: 71,743
  • Median Age: 37.49 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,086/sq mi
  • Population Change Since 2000: 15.05%
  • Closest Airport: Norman Y. Mineta San Jose International
  • Closest College: Northwestern Polytechnic University
  • Closest Jr. College: Heald College-san Jose
  • Median Household Income: $99,840
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $647,250
  • Closest Major Sports Team: San Jose Earthquakes
  • Change Avg. Household Income Since 2000: 15.83%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 95035 (Milpitas, CA)
Median Age: 37.49 Married: 45% Number of Households: 20,738 Households with Children: 8,188
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 95035 (Milpitas, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Monarch Christian Schools 1.2 mi Private PRESCHOOL-K 0 0
      William Burnett Elementary School 1.4 mi Public PRESCHOOL-6 4 0
      Alexander Rose Elementary School 1.5 mi Public K-6 4 0
      Calaveras Hills School 1.7 mi Public 11-12 1 0
      Milpitas Adult 1.7 mi Public UNGRADE-UNGRADE 0 0
      Calaveras Montessori School 1.7 mi Private PRESCHOOL-K 0 0
      Merryhill School 1070 1.7 mi Private PRESCHOOL-8 0 0
      Milpitas Montessori School 1.7 mi Private PRESCHOOL-2 0 0
      Robert Randall Elementary School 1.8 mi Public PRESCHOOL-6 2 0
      Rancho Milpitas Middle School 1.8 mi Public 7-8 4 0
      Day Star Montessori School Inc 1.9 mi Private PRESCHOOL-K 0 0
      Kindercare 1.9 mi Private PRESCHOOL-K 0 0
      John Sinnott Elementary School 1.9 mi Public K-6 5 0
      Lamb-o Academy 2.0 mi Private 4-7 0 0
      Milpitas Foothill Seventh-day School 2.1 mi Private K-8 0 0
      Milpitas High School 2.2 mi Public 9-12 4 3
      Thomas Russell Middle School 2.4 mi Public 7-8 4 0
      Marshall Pomeroy Elementary School 2.4 mi Public PRESCHOOL-6 4 0
      Joseph Weller Elementary School 2.6 mi Public K-6 4 0
      Golden Harvest Montessori School 3.0 mi Private PRESCHOOL-1 0 0
      Curtner Elementary School 3.0 mi Public PRESCHOOL-6 5 0
      Plantation Christian 3.1 mi Private 1-12 0 0
      St. John The Baptist Catholic School 3.1 mi Catholic PRESCHOOL-8 0 0
      Kindercare 3.1 mi Private PRESCHOOL-K 0 0
      Anthony Spangler Elementary School 3.3 mi Public PRESCHOOL-6 4 0
      Pearl Zanker Elementary School 3.8 mi Public K-6 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 95035 (Milpitas, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.