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Featured local agent — San Jose, CA
Sarah Mitchell
Compass Real Estate · San Jose, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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San Jose, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.40Mmedian sale price
How is the San Jose, CA housing market right now?
The median home sale price in San Jose, CA is $1.40M, down 6.5% year-over-year. Homes sell in an average of 20 days with 1,084 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is San Jose a buyer's or seller's market?
San Jose, CA is currently a seller's market, based on 2.0 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
536
Last 12 weeks
Days on market
20
Fast-moving
Active listings
1,084
2.0 months supply
Sale-to-list
102.7%
Above asking
What does the San Jose housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.40M |
| Median list price | $1.40M |
| Year-over-year price change | -6.5% |
| Average days on market | 20 days |
| Active inventory | 1,084 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $883/sq ft |
| Homes sold (latest month) | 536 |
| New listings (latest month) | 714 |
| Listings with a price cut | 36.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in San Jose by property type?
How the San Jose, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.65M | $986/sq ft | 378 | 16 days |
| Condo / Co-op | $620,000 | $611/sq ft | 85 | 45 days |
| Townhouse | $975,000 | $663/sq ft | 64 | 22 days |
Source: Redfin · Updated monthly
The San Jose housing market is currently classified as a seller's market with a median sale price of $1.40M. Prices have fallen 6.5% compared to last year, with homes spending an average of 20 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.0x provides context for how home values compare to local earning capacity.
Homes for sale in San Jose
There are currently 1,084 homes listed for sale in San Jose, California. The median listing price is $1.4M.
Active listings
1,084
Homes on market
Median list price
$1.4M
Avg. days on market
20
Days until sale
New this week
714
Newly listed
Who lives in San Jose?
Population
990,054
Median income
$141,565/yr
Median age
38.1 years
Owner-occupied
55.9%
College grads
46.5%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What are homes worth in San Jose?
Zillow home value
$1.41M
Zillow rent index
$3,479/mo
Price-to-rent ratio
33.9x
Price-to-income
10.0x
Source: Zillow Research
What is it like to live in San Jose?
San Jose is a community of approximately 990K residents with a median age of 38.1 years.The median household income is $141,565, which reflects a relatively affluent area with strong earning potential. 46.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.9%, showing a blend of owner and renter-occupied properties. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, San Jose offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve San Jose?
50 schools tracked · 57,075 students
The largest public schools serving San Jose, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Evergreen Valley High
Grades 9-12 · 2,749 students
Independence High
Grades 9-12 · 2,368 students
Silver Creek High
Grades 9-12 · 2,184 students
Santa Teresa High
Grades 9-12 · 2,181 students
Branham High
Grades 9-12 · 1,955 students
Piedmont Hills High
Grades 9-12 · 1,945 students
Leigh High
Grades 9-12 · 1,816 students
Lynbrook High
Grades 9-12 · 1,720 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near San Jose, CA?
Want a head-to-head view? Compare San Jose side-by-side with any other U.S. city using our market-comparison tool.
Is San Jose a good real estate investment market?
For investors evaluating San Jose, the price-to-rent ratio of 33.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on San Jose's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using San Jose's median home price.
Frequently asked questions
What is the average home price in San Jose?
The median home sale price in San Jose is $1.40M, down 6.5% from last year.
How long do homes stay on market in San Jose?
Homes typically spend 20 days on market before going under contract.
What is the median income in San Jose?
The median household income is $141,565 per year.
Is San Jose a buyer's or seller's market?
With 2.0 months of supply, San Jose is currently a seller's market.
What is the Zillow home value estimate for San Jose?
The Zillow Home Value Index (ZHVI) for San Jose is $1.41M, representing the typical home value in the area.
What is the median condo price in San Jose?
The median condo/co-op sale price in San Jose, CA is $620,000, compared to $1.65M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in San Jose?
The median single-family home price in San Jose, CA is $1.65M (about $986 per square foot).
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