San Jose - CA housing market
The San Jose metro has a typical home value of $1,610,466, down 1.4% from a year ago. Homes are moving fast at 13 days on market - a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($1,610,466) 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 1.4% over the past year. A home worth $1,633,333 last year is now worth roughly $1,610,466.
The median sale price , what homes actually close for , is $1,549,182. Homes are selling at 104.9% of list price, meaning buyers are typically paying at or above asking.
Homes listed in San Jose - CA sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,521 new listings hit the market each month in San Jose - CA. There are currently 3,201 homes for sale, up 4.2% from a year ago.
The typical monthly rent in San Jose - CA is $3,625, up 5.5% year over year. For investors, the price-to-rent ratio here is roughly 37x 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 | $968,608 | +0.3% | 19.0d |
| San Francisco - CA | $1,149,215 | -0.8% | 14.0d |
| Riverside - CA | $585,378 | -0.8% | 25.0d |
| San Diego - CA | $946,365 | -1.1% | 16.0d |
| Sacramento - CA | $582,707 | -1.6% | 12.0d |
| Fresno - CA | $409,749 | +0.9% | 19.0d |