San Jose, CA Housing Market
Median List Price
$1,239,000
Updated August 2026
Today, San Jose has 972 homes for sale at a median list price of $1,239,000, typically selling in about 57 days.
San Jose Market Analysis
San Jose, CA currently shows a median list price of $1.2M. There are 972 homes currently listed for sale in San Jose, CA. 419 new listings came on the market in the last 30 days.
Studio homes are the most affordable tier at a median of $508,000, while five bedroom homes top the range at $2.3M. The housing stock skews toward single family homes, at about 55.0% of active listings, with condos accounting for another 31.1%. Over the last six months, the median price has risen about 5.2%, from $1.3M in February to $1.4M in July. Per square foot, the median stands at $767.
Median time from listing to accepted offer is about 13 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. San Jose, CA covers 28 ZIP codes, among them 95125, 95123, and 95135.
San Jose Rental Market
San Jose, CA currently shows a median asking rent of $4,200. There are 37 homes currently listed for rent in San Jose, CA. Over the last six months, the median rent has risen about 2.9%, from $4,325 in February to $4,450 in July.
San Jose Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 7% over the past year, yet the typical home takes about 57 days to sell, and 33% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.24M
↑ 7% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.8 months of supply
Balanced Supply972 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~57 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 28% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in San Jose
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
326,767 households (2023)
Affordability Snapshot
Typical home cost
$8,292/mo
Actual housing expense
Affordable budget (28%)
$3,303/mo
Based on median income
Median household income
$11,797/mo
San Jose
A typical home costs about 70% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$355K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $495K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$780K)
Price Reductions
323 listings have reduced their price
33% of active listings
Average reduction: 7.2% (~$89K)
Browse San Jose Listings
Frequently Asked Questions about the San Jose, CA Housing Market
What is the median home price in San Jose, CA?
The median list price in San Jose is $1,239,000 as of August 2026, based on 972 active listings.
Is San Jose a buyer's market or a seller's market?
San Jose currently reads as a balanced market. Active inventory works out to about 3.8 months of supply at the recent sales pace.
How fast do homes sell in San Jose?
Homes that closed in the last 90 days typically went under contract in about 13 days. The average home currently for sale has been on the market for 57 days.
Are home prices in San Jose going up or down?
The median sale price in San Jose is up about 7.4% compared with a year ago.
How many homes are for sale in San Jose, CA?
There are 972 homes for sale in San Jose right now, including 110 listed within the last week.
What is the median rent in San Jose?
The median asking rent in San Jose is $4,200 per month, across 37 active rental listings.