95123 — Santa Clara County, California Market Snapshot

Housing market data for zip code 95123 in Santa Clara County, California. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

163 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$1,300,000

41.3% YoYClosed sales

Days to Sell

14

Median, listing to close

Homes Sold

163

Closed in 2026

Inventory

89

Sale-to-List

102.7%

New Listings

210

Price/SqFt

$811

Pending Sales

167

Jumbo Loan Likely Needed

The median home in 95123 at $1,300,000 exceeds the 2026 conforming loan limit of $1,249,125 by $50,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

Homes in 95123 are moving quickly at 14 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes in 95123 are selling 2.7% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

The median home in 95123 at $1,300,000 exceeds the 2026 conforming loan limit of $1,249,125 by $50,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 95123 are set at the county level.

2026 Loan Limits — Santa Clara County

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$1,249,125
2 Units$1,599,375$1,599,375
3 Units$1,933,200$1,933,200
4 Units$2,402,625$2,402,625

Affordability Snapshot — Zip 95123

To purchase the median home at $1,300,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,110.

Monthly Payment

$10,110

Income Required

$433,294

Principal & Interest

$8,010/mo

Down Payment (5%)

$65,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 95123.

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Estimated Monthly Payment

$8,195

Principal & Interest$6,745
Property Tax$1,300
Insurance$150
Loan Amount$1,040,000
Total Interest$1,388,351
Income Required$351,232/yr

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