94043 — Santa Clara County, California Market Snapshot
Housing market data for zip code 94043 in Santa Clara County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
43 sales in 2026 (year to date)
Median Sale Price
$1,600,000
Days to Sell
10
Homes Sold
43
Inventory
16
Sale-to-List
106.0%
New Listings
57
Price/SqFt
$1,013
Pending Sales
42
Jumbo Loan Likely Needed
The median home in 94043 at $1,600,000 exceeds the 2026 conforming loan limit of $1,249,125 by $350,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
94043 is an extremely competitive market with homes selling in just 10 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 94043 are selling 6.0% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 94043 at $1,600,000 exceeds the 2026 conforming loan limit of $1,249,125 by $350,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 94043 are set at the county level.
2026 Loan Limits — Santa Clara County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,249,125 | $1,249,125 |
| 2 Units | $1,599,375 | $1,599,375 |
| 3 Units | $1,933,200 | $1,933,200 |
| 4 Units | $2,402,625 | $2,402,625 |
Affordability Snapshot — Zip 94043
To purchase the median home at $1,600,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $12,409.
Monthly Payment
$12,409
Income Required
$531,801
Principal & Interest
$9,859/mo
Down Payment (5%)
$80,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 94043.
Estimated Monthly Payment
$10,052
Jumbo loan required. Loan amount exceeds the $1,249,125 conforming limit for 94043.
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