San Jose - CA housing market

The typical home value ($1,559,187) is the Zillow Home Value Index for the San Jose - CA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.2% over the past year. A home worth $1,562,312 last year is now worth roughly $1,559,187.

The median sale price, what homes actually close for, is $1,507,875. Homes are selling at 103.5% of list price, meaning buyers are typically paying at or above asking.

Homes listed in San Jose - CA sit on the market for roughly 18 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,168 new listings hit the market each month in San Jose - CA. There are currently 3,164 homes for sale, up 0.3% from a year ago.

The typical monthly rent in San Jose - CA is $3,782, up 7.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 34.4x, renting territory (#1 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $8,016 a month in principal and interest, $4,234 more than renting before taxes, insurance and upkeep. The two break even at a 0.59% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →