The housing market in Sunnyvale is characterized by extraordinarily high demand and steep costs, typical of Silicon Valley.
- **Market Conditions:** Highly competitive. The median price for a single-family home routinely exceeds $1.8 million to $2 million, with rentals also ranking among the highest in the nation. - **Home Styles:** The city features a beloved collection of mid-century modern Eichler homes, alongside traditional post-war ranches. - **Recent Development:** To combat housing shortages, the city has aggressively expanded high-density developments, adding thousands of new apartments, condominiums, and townhomes, particularly in the downtown core and along transit corridors like Lawrence Expressway and El Camino Real.