San Jose - CA housing market
The San Jose metro has a typical home value of $1,583,961, down 0.9% from a year ago. Homes are moving fast at 16 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($1,583,961) 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 0.9% over the past year. A home worth $1,598,346 last year is now worth roughly $1,583,961.
The median sale price , what homes actually close for , is $1,517,752. Homes are selling at 104.4% of list price, meaning buyers are typically paying at or above asking.
Homes listed in San Jose - CA sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,353 new listings hit the market each month in San Jose - CA. There are currently 3,282 homes for sale, up 2.1% from a year ago.
The typical monthly rent in San Jose - CA is $3,729, up 6.3% year over year. For investors, the price-to-rent ratio here is roughly 35x annual rent.
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.
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Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,028 | +0.6% | 21.0d |
| San Francisco - CA | $1,142,320 | +0.1% | 15.0d |
| Riverside - CA | $586,047 | -0.6% | 26.0d |
| San Diego - CA | $940,998 | -0.6% | 17.0d |
| Sacramento - CA | $584,122 | -1.3% | 14.0d |
| Fresno - CA | $411,441 | +0.9% | 19.0d |