Home values, rents and more in ZIP code 95035 (Milpitas, CA)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 95035 in ProMap- Under $1.1M
- $1.1M–$1.4M
- $1.4M–$1.5M
- $1.5M–$1.8M
- $1.8M+
- No data
How 95035 compares
The typical home in ZIP code 95035 (Milpitas, CA) is worth about $1,385,000, according to the Zillow Home Value Index for September 2026. Home values in 95035 are 9% below the typical value in the San Jose metro area ($1,524,000) and 3.8 times the U.S. typical value ($366,000).
Over the past year, home values in 95035 fell 1.2%, compared with +0.2% in the San Jose metro area and +1.2% nationally.
Typical rent is $3,614 a month (Zillow Observed Rent Index), 5% below the San Jose metro area ($3,812) and 1.9 times the U.S. ($1,932). Rents rose 10.1% over the past year.
The median household income is $178,654, against $162,111 in the San Jose metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 78,810 people live in 95035 (American Community Survey 2020–24).
95035 has the 22nd-lowest typical home value of the 59 ZIP codes in the San Jose metro area and the 213th-highest of 1,541 in California with Zillow figures.
Part of: Milpitas, CA · Santa Clara County, CA · San Jose metro area · California
More for 95035 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.