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1 / 19#19. Milpitas, CA
- 1-year price change: -$15,799 (-1.1%)
- 5-year price change: +$212,288 (+18.1%)
- Typical home value: $1,386,077 (#13 most expensive city in metro)
Cities with the fastest-growing home prices in the San Jose metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the San Jose-Sunnyvale-Santa Clara, CA metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
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2 / 19#18. San Jose, CA
- 1-year price change: -$8,601 (-0.6%)
- 5-year price change: +$210,384 (+18.3%)
- Typical home value: $1,362,808 (#14 most expensive city in metro)
Stacker
3 / 19#17. Hollister, CA
- 1-year price change: -$3,928 (-0.5%)
- 5-year price change: $-2,590 (-0.3%)
- Typical home value: $760,274 (#19 most expensive city in metro)
Stacker
4 / 19#16. San Juan Bautista, CA
- 1-year price change: -$2,196 (-0.2%)
- 5-year price change: +$18,675 (+2.1%)
- Typical home value: $907,192 (#18 most expensive city in metro)
Stacker
5 / 19#15. Gilroy, CA
- 1-year price change: +$6,262 (+0.6%)
- 5-year price change: +$99,234 (+10.4%)
- Typical home value: $1,049,221 (#17 most expensive city in metro)
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6 / 19#14. Santa Clara, CA
- 1-year price change: +$6,861 (+0.4%)
- 5-year price change: +$288,810 (+21.3%)
- Typical home value: $1,646,715 (#11 most expensive city in metro)
Stacker
7 / 19#13. Sunnyvale, CA
- 1-year price change: +$23,553 (+1.2%)
- 5-year price change: +$286,119 (+16.7%)
- Typical home value: $1,994,916 (#8 most expensive city in metro)
Stacker
8 / 19#12. Morgan Hill, CA
- 1-year price change: +$36,647 (+2.9%)
- 5-year price change: +$173,861 (+15.2%)
- Typical home value: $1,320,637 (#15 most expensive city in metro)
Stacker
9 / 19#11. Mountain View, CA
- 1-year price change: +$45,576 (+2.4%)
- 5-year price change: +$188,379 (+10.8%)
- Typical home value: $1,931,886 (#9 most expensive city in metro)
Stacker
10 / 19#10. Lexington Hills, CA
- 1-year price change: +$49,532 (+3.9%)
- 5-year price change: +$28,082 (+2.2%)
- Typical home value: $1,311,027 (#16 most expensive city in metro)
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11 / 19#9. Campbell, CA
- 1-year price change: +$52,104 (+2.9%)
- 5-year price change: +$409,032 (+28.5%)
- Typical home value: $1,843,263 (#10 most expensive city in metro)
Stacker
12 / 19#8. San Martin, CA
- 1-year price change: +$85,493 (+5.7%)
- 5-year price change: +$187,250 (+13.3%)
- Typical home value: $1,598,337 (#12 most expensive city in metro)
Stacker
13 / 19#7. Cupertino, CA
- 1-year price change: +$94,846 (+3.3%)
- 5-year price change: +$630,711 (+27.0%)
- Typical home value: $2,965,725 (#6 most expensive city in metro)
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14 / 19#6. Los Gatos, CA
- 1-year price change: +$114,841 (+4.7%)
- 5-year price change: +$518,929 (+25.2%)
- Typical home value: $2,574,478 (#7 most expensive city in metro)
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15 / 19#5. Stanford, CA
- 1-year price change: +$154,064 (+5.1%)
- 5-year price change: +$542,043 (+20.6%)
- Typical home value: $3,172,282 (#5 most expensive city in metro)
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16 / 19#4. Saratoga, CA
- 1-year price change: +$163,615 (+4.3%)
- 5-year price change: +$891,731 (+29.2%)
- Typical home value: $3,950,107 (#3 most expensive city in metro)
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17 / 19#3. Palo Alto, CA
- 1-year price change: +$184,736 (+5.5%)
- 5-year price change: +$501,446 (+16.4%)
- Typical home value: $3,563,763 (#4 most expensive city in metro)
Stacker
18 / 19#2. Los Altos Hills, CA
- 1-year price change: +$337,259 (+6.1%)
- 5-year price change: +$914,561 (+18.5%)
- Typical home value: $5,857,966 (#1 most expensive city in metro)
Stacker
19 / 19#1. Los Altos, CA
- 1-year price change: +$341,360 (+8.1%)
- 5-year price change: +$999,477 (+28.3%)
- Typical home value: $4,530,964 (#2 most expensive city in metro)
