Cupertino real estate market overview
- Average Monthly Rent: $3,471
- Home Price/Value Percentage Change: -6.50%
- Median Home Value: $2,077,366
- Best Time To Sell a Home: April
- Affordability Index: 140
- Days To Sell a House: 50
- Job Market: Fair
- Public School Ranking: 38
Location and weather
Cupertino is the center city in California. It is bordered to the west by the Santa Cruz Mountains. It is 43 miles south of San Francisco. Known for its beautiful mountains and forests filled with wildlife, Cupertino is known for its outdoor recreation and beautiful scenery. Permanente Creek, Steven Creek and Smith Creek are the mountain streams which run through Cupertino.
In Cupertino the summers are long, warm and dry and the winters are cold and wet. The high summer temperatures are in the mid-70's and the lows are in the high 50's. The high winter temperatures are in the 50's with lows in the 40's.
Population, job market and cost of living
Cupertino's population in 2019 was 60,170 with a growth rate of -.74%.
The job growth has increased by 2.53% over last year. Ten-year future predicted job growth is 39.77%. As the headquarters of Apple, Cupertino has a young, progressive, tech climate. The largest industries are Professional, Scientific & Technical, Manufacturing and Healthcare & Social Assistance. The largest employers are Apple, Seagate Technology and CRC Health Group.
The cost of living is high due to the Cupertino real estate and high prices of available housing. With its many parks like trail-lined Rancho San Antonio Open Space Preserve, Fremont Older Open Space Preserve and the historic The McClellan Ranch Preserve along with a good job growth, major tech employers, beautiful scenic views and mild weather, Cupertino will continue to attract those that want to live in this historic and progressive city.
Cupertino real estate market details
- Monta Vista
- West Valley
- Rancho Rinconada