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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −8.8% YoY. inventory, +23.1% YoY, is the number to watch.
The median listing price is down 8.8% YoY while the median home got down 3.4% bigger, so value per square foot is down 4.7%.
U.S. Census ACS characteristics for ZIP 95148 itself, not its parent county.
Renters hold 20.4% of this ZIP's 12,110 occupied households, on a median household income of $167K.
| Measure | ZIP 95148 | Santa Clara County | Difference |
|---|---|---|---|
| Median Household Income | $167K | $164K | +$3K |
| Below Poverty Level | 6.2% | 7.1% | -0.9% |
| Median Age | 41.10 | 38.10 | +3.00 |
| Total Population | 44,995 | 1,902,047 | -- |
| Avg Household Size | 3.68 | 2.82 | +0.86 |
| Owner-Occupied | 79.6% | 55.1% | +24.5% |
| Worked From Home | 16.9% | 23.9% | -7.0% |
| Mean Commute | 31.80 | 26.20 | +5.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 1,902,047: residents under 18 are down 2.2% and those 65 and over are up 3.0%.
County median household income is $164K, 7.1% of residents are below the poverty level, 23.9% work from home.