Northeastern Milpitas, Milpitas Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Northeastern Milpitas, Milpitas Market Snapshot

Northeastern Milpitas is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 7 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.57M
Down 10.0% from July 2025
Down $176K from July 2025
Homes Sold
7
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,959/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,136
  • Property Tax$1,640
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
14 fewer days than in July 2025
Homes sell in a week or two
Sale-to-List Ratio
103.6%
Up from 102.1% in July 2025
Selling 4% above asking
% Sold Over Asking
71%
71% of homes sold above their asking price
Active Listings
4
Up 114.3% from July 2025
About 1.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Northeastern Milpitas.

Median Sale Price
Down 10.0% year-over-year in Northeastern Milpitas. Based on 7 sales in the last 3 months.
Homes Sold
46% fewer homes sold than a year ago in Northeastern Milpitas.
Total Monthly Payment
Estimated monthly cost is down 10% from a year ago in Northeastern Milpitas, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Northeastern Milpitas, Milpitas

Is now a good time to buy in Northeastern Milpitas, Milpitas?

Northeastern Milpitas, Milpitas is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Northeastern Milpitas, Milpitas home prices compare to the Bay Area average?

At $1.57M, Northeastern Milpitas, Milpitas's median is close to the Bay Area average of $1.80M.

Within Milpitas, this area trades about 19% above the city-wide median of $1.32M.

How competitive is Northeastern Milpitas, Milpitas for buyers?

Northeastern Milpitas, Milpitas is one of the Bay Area's more competitive markets:

  • Homes sell about 4% above asking on average
  • 71% close above list price
  • 8 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Northeastern Milpitas, Milpitas home?

At $1.57M with 20% down at 6.71%, your estimated total monthly cost is approximately $9,959:

  • $8,136 principal and interest
  • $1,640 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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