How Do Real Estate Prices in Silicon Valley Compare to Nearby Metropolitan Areas?
Housing and Market Updates
Housing and Market Updates
Silicon Valley continues to outpace every nearby metro when it comes to home values.
Median home price: ~$1.9M+
Palo Alto, Los Altos, and Cupertino: $2.5M–$3.5M+
San Jose: ~$1.25M
Demand from major tech employers, limited land, and top-rated schools keep Silicon Valley prices at the highest level in the state.
San Francisco’s real estate market remains competitive, but overall prices run notably lower than Silicon Valley.
Median sale price: $1.25M–$1.4M
More diverse neighborhoods and property types
Slightly better entry-level opportunities compared to core Silicon Valley cities
In short: Silicon Valley homes often cost 25%–35% more than San Francisco.
Los Angeles offers a significantly lower price point compared to both Silicon Valley and San Francisco.
Median sale price: ~$1.0M–$1.1M
Larger, more varied housing supply
More mid-priced options across suburbs and neighborhoods
In short: LA home prices are 40%–50% lower than Silicon Valley.
| Metro Area | Median Price | Compared to Silicon Valley |
|---|---|---|
| Silicon Valley | ~$1.9M+ | — Highest |
| San Francisco | ~$1.25M–$1.4M | 25–35% lower |
| Los Angeles | ~$1.0M–$1.1M | 40–50% lower |
Buyers: Silicon Valley’s premium pricing reflects proximity to tech, schools, and lifestyle amenities. If affordability is a concern, surrounding metros may offer better value—but with tradeoffs in commute or neighborhood feel.
Sellers: You’re in one of the strongest markets in the country. Strategic marketing, staging, and pricing can help you capture the full value of your home.
Hello! I'm Janet Souza, lifestyle blogger and REALTOR® at Christie's International Real Estate Sereno. I live and work in Silicon Valley and love everything our wonderful area has to offer. If you live in Silicon Valley or are thinking about moving here, you've come to the right place! Stay up to date with local events, theater, concerts, Real Estate and more!
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