Silicon Valley real estate, explained by the Property Nerds®

Trading a Milpitas house for a condo or townhome is one of the biggest money moves a longtime owner makes. In the last 12 months the median Milpitas house sold for $1.62M at about 1,700 square feet, and the median condo or townhome sold for $1.11M at about 1,450 square feet. That’s a gap of about $5

The median Milpitas house sold for $1.62M in the last 12 months. With 20% down and a 30-year fixed loan at 7.24%, Freddie Mac’s average for the week of October 29, 2026, the mortgage and property tax come to about $10,360 a month. The median condo or townhome, at $1.11M, runs about $7,110. Here’s ho

Campbell’s typical property tax rate for 2025–26 is 1.2169%, between Morgan Hill’s 1.1297% and San Jose’s 1.2197%, the lowest and highest of the six cities in this comparison. On the median Campbell house, which sold for $2.17M in the last 12 months, that’s about $26,400 a year. Here’s where the rat