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Land and home values in Milpitas, CA

Milpitas is a city in Santa Clara County, California, home to about 78,578 people. Residential land runs about $95.40 per sq ft, the typical home is worth about $1.3M, and a 2-bedroom rents for about $3,320 a month, as of October 12, 2026.

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Values in Milpitas

Land: residential$95.40per sq ft
Land: residential$4.16Mper acre
Land: quarter-acre lot$1.04M10,890 sq ft
Home: typical (median)$1.3Mvalue
Home: entry-level$1.05Mlower quartile
Home: upper-end$1.61Mupper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$2,820per month
Rent: 2-bedroom$3,320per month
Rent: 3-bedroom$4,360per month
Rent: 4-bedroom$4,740per month
Gross yield, 2-bed3.1%a year

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Questions people ask

How much is land worth in Milpitas, CA?

Residential land in Milpitas, CA is about $95.40 per square foot, or $4.16M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $1.04M. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Milpitas, CA?

The typical (median) home in Milpitas, CA is worth about $1.3M, with entry-level homes around $1.05M and upper-end homes around $1.61M, as of October 2026.

How much is rent in Milpitas, CA?

A 2-bedroom rents for about $3,320 a month in Milpitas, CA, a 1-bedroom about $2,820 and a 3-bedroom about $4,360 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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