San Jose, CA Home Values & Market Trends
Real estate market trends reflect that there have been 6,373 transactions over the past year in San Jose. The median value for residential home transactions that occurred over the previous year is $1,397,330.05. The number of current listings in San Jose is 215, and the percentage of properties for sale in the city is 215.00%. San Jose, CA currently has 316 properties in foreclosure, 5 bank owned properties, 54 properties headed for auction, and 215 properties for sale.
San Jose, CA Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
95123 | $ 945,750 $ 746/sqft | 95135 | $ 811,375 $ 517/sqft |
95125 | $ 1,926,750 $ 989/sqft | 95122 | $ 1,056,500 $ 707/sqft |
95112 | $ 918,375 $ 675/sqft | 95117 | $ 715,000 $ 897/sqft |
95136 | $ 1,181,000 $ 739/sqft | 95118 | $ 1,266,850 $ 637/sqft |
95120 | $ 2,084,750 $ 888/sqft | 95131 | $ 1,421,128 $ 842/sqft |
95127 | $ 1,079,875 $ 776/sqft | 95116 | $ 897,875 $ 760/sqft |
95124 | $ 1,657,000 $ 1,063/sqft | 95119 | $ 1,096,625 $ 706/sqft |
95133 | $ 993,250 $ 764/sqft | 95110 | $ 846,750 $ 716/sqft |
95126 | $ 1,019,625 $ 845/sqft | 95148 | $ 1,323,750 $ 793/sqft |
95121 | $ 840,750 $ 672/sqft | 95139 | $ 1,116,250 $ 718/sqft |
95111 | $ 899,550 $ 645/sqft | 95113 | $ 788,125 $ 772/sqft |
95129 | $ 1,510,625 $ 966/sqft | 95130 | $ 1,833,375 $ 1,226/sqft |
95132 | $ 1,588,625 $ 827/sqft | 95134 | $ 1,493,750 $ 761/sqft |
95128 | $ 1,239,125 $ 1,029/sqft | 95141 | $ -- $ -- |
95138 | $ 2,892,750 $ 829/sqft | 95101 | $ -- $ -- |
Housing Market Summary for San Jose, CA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1.2M | $1.4M | 12.88% |
Median Sold Price | $1.4M | $1.4M | -1.34% |
Homes For Sale | 201 | 198 | -1.49% |
Homes Sold | 6,098 | 5,964 | -2.20% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in San Jose, CA
Browse Homes in San Jose, CA
San Jose home values range from $113,932 to $6,857,130. The median estimated value of a home in San Jose is $1,397,330.05. The median list price of a home is 1,099,999, and the total count of properties in the city is 240,108.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in San Jose, CA with 95127 containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 30 zips within San Jose, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $3,000,000 in 95129 to the lowest home value of $305,700 in 95127.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in San Jose, CA ranges from the highest value of $856,000 in 95136 to the lowest value of $411,688 in 95110. Bank owned homes and properties account for 0.00% of properties in San Jose, CA. There are 30 zips within San Jose, CA; 95112 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions95112 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of San Jose, CA. Auction homes and other auction properties account for 0.02% of all properties in San Jose, CA. There are 30 zips within San Jose, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,108,750 in 95138 to the lowest value of $565,000 in 95138.
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Guide for San Jose, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
San Jose’s real estate market shows dynamic trends with fluctuating average property values, consistent increase in sold prices, variations in listed properties, and differences across various neighborhoods.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.