SIALIMStatistical Intelligence for America's Local Investment Markets

95035Milpitas, CA Home Values

Typical home value $1,444,194 as of June 2026 · 37th of 59 in San Jose-Sunnyvale-Santa Clara, CA

Typical value — June 2026
$1,444,194
observed, not a forecast
Past 12 months
-2.0%
trailing year-over-year change
Past 5 years
+21.1%
June 2021 to June 2026
Rank in metro
37th
of 59 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 95035, June 2021 to June 2026. This page shows observed data only; no forecast.

How 95035 compares in the San Jose-Sunnyvale-Santa Clara, CA area

ZIP code 95035 (Milpitas, CA) has a typical home value of $1,444,194 as of June 2026, ranking 37th of 59 ZIP codes tracked in the San Jose-Sunnyvale-Santa Clara, CA area, more expensive than about 39% of ZIP codes in the metro. Prices here have moved -2.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.1%, from $1,192,705 in June 2021 to $1,444,194 in June 2026. Against observed rent, the typical home here sells for 32.7× the annual rent ($3,676/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the San Jose-Sunnyvale-Santa Clara, CA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in San Jose.

Population and demographics

ZIP code 95035 has a population of 78,479, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 69.5% Asian, 13.5% Hispanic or Latino, 10.7% White, 3.8% two or more races, 2.1% Black or African American, 0.2% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
William Burnett Elementary400 Fanyon, Milpitas, CA0.4 mi
Calaveras Hills1331 East Calaveras Blvd., Milpitas, CA0.5 mi
Alexander Rose Elementary250 Roswell Dr., Milpitas, CA0.5 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 95035?

$1,444,194 as of June 2026, the latest month Zillow has published observed data for.

Is 95035 an expensive ZIP code in the San Jose-Sunnyvale-Santa Clara, CA area?

95035 ranks 37th of 59 ZIP codes in the San Jose-Sunnyvale-Santa Clara, CA area by typical home value, more expensive than about 39% of ZIP codes in the metro.

How much have home values in 95035 changed over the past year?

-2.0% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 95035?

The typical home price is 32.7× the observed annual rent in this ZIP code ($3,676/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 95035?

78,479, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 95035?

William Burnett Elementary (0.4 mi), Calaveras Hills (0.5 mi), Alexander Rose Elementary (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 95035?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the San Jose-Sunnyvale-Santa Clara, CA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.