The median sales price of a Santa Clara County home in the second quarter of 2024 was $1,620,000, based on data from the 4,046 properties sold during that time. In 2024, the median tax bill for the county was $9,685, which is 0.6% of the median value of the homes that were taxed.
This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Santa Clara County real estate data showed homeowners in Lexington Hills, Gilroy, and Morgan Hill paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Lexington Hills with some other cities belonging to Santa Clara County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Lexington Hills | 9 | $875,000 | $7,923 | 0.9% |
Gilroy | 82 | $1,042,500 | $8,075 | 0.8% |
Morgan Hill | 127 | $1,350,000 | $8,999 | 0.7% |
San Jose | 1,851 | $1,505,000 | $8,912 | 0.6% |
Campbell | 112 | $1,799,000 | $10,082 | 0.6% |
Los Altos Hills | 15 | $5,360,000 | $34,398 | 0.6% |
Mountain View | 208 | $1,947,500 | $10,995 | 0.6% |
Milpitas | 149 | $1,400,000 | $8,399 | 0.6% |
Burbank | 9 | $1,300,000 | $8,111 | 0.6% |
San Martin | 15 | $1,575,000 | $8,775 | 0.6% |
Alum Rock | 16 | $987,500 | $6,359 | 0.6% |
East Foothills | 22 | $1,745,000 | $9,945 | 0.6% |
Loyola | 5 | $4,005,000 | $24,570 | 0.6% |
Palo Alto | 194 | $3,244,500 | $14,889 | 0.5% |
Sunnyvale | 280 | $1,834,000 | $9,363 | 0.5% |
Los Gatos | 112 | $2,612,500 | $13,939 | 0.5% |
Saratoga | 94 | $3,927,000 | $18,794 | 0.5% |
Los Altos | 83 | $4,110,000 | $19,199 | 0.5% |
Cupertino | 140 | $2,750,000 | $13,234 | 0.5% |
Monte Sereno | 13 | $5,400,000 | $23,541 | 0.4% |
Santa Clara | 40 | $2,200,000 | $8,550 | 0.4% |
Cambrian Park | 6 | $2,235,000 | $9,556 | 0.4% |
Fruitdale | 2 | $1,990,500 | $8,006 | 0.4% |