The Milpitas, CA housing market is a balanced market, scoring 54 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 131 homes for sale and 3.0 months of supply. Homes in Milpitas, CA sold for a median of $1,175,000, down 10.3% from the prior month, or $790 per square foot. The average sale price in Milpitas, CA was $1,209,000, close to the median. The typical home goes under contract in 39 days, sales close at 100.6% of asking price and 57.6% of homes sell above list. 43.5% of active Milpitas, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-07 and are based on 43 recorded sales and 131 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 1709 Ironwood Ln, Milpitas | 3/1,887 | $1,330,000 | 2026-10-07 |
| 1500 Hidden Creek Ln, Milpitas | 4/2,318 | $1,500,000 | 2026-10-07 |
| 404 Dempsey Rd Unit 207, Milpitas | 2/842 | $440,000 | 2026-10-07 |
| 299 Corning Ave, Milpitas | 3/1,040 | $1,295,000 | 2026-10-07 |
| 178 Buskirk St, Milpitas | 3/1,119 | $1,500,000 | 2026-10-07 |
| 352 Montecito Way, Milpitas | 3/1,375 | $1,045,000 | 2026-10-07 |
| 1735 Tahoe Dr, Milpitas | 4/1,797 | $1,875,333 | 2026-10-06 |
| 63 Ede Ln, Milpitas | 3/1,450 | $870,000 | 2026-10-06 |
Milpitas, CA is currently a balanced market, at 54 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.0 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Milpitas, CA sold for $1,175,000 over the last 30 days. That is down 10.3% from the month before.
The average sale price in Milpitas, CA was $1,209,000, close to the median. The median ($1,175,000) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Milpitas, CA take a median of 39 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 39 days is worth a second look on price.
Homes in Milpitas, CA close at a median of 100.6% of their asking price, and 57.6% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 131 homes actively for sale in Milpitas, CA, about 3.0 months of supply at the current sales pace.