95118 Housing Market
Median List Price
$1,499,000
Updated August 2026
Today, the 95118 ZIP code in San Jose, CA has 45 homes for sale at a median list price of $1,499,000, typically selling in about 35 days.
95118 Housing Market Overview
The median list price in the 95118 ZIP code is $1.5M. That is about 22.4% above the San Jose median. Current inventory stands at 45 active listings.
Expect a median around $525,000 for one bedroom homes and $1.9M at the four bedroom end. February to July saw the median price go from $1.6M to $1.7M, up about 7.8%.
95118 Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 35 days, yet selling times have slowed 62% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.50M
↑ 4% 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 Supply45 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 ~35 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 62% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 95118 Area
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)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $344K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$861K)
Price Reductions
10 listings have reduced their price
22% of active listings
Average reduction: 5.9% (~$89K)
Browse 95118 Listings
Frequently Asked Questions about the 95118 Housing Market
What is the median home price in the 95118 ZIP code?
The median list price in the 95118 ZIP code is $1,499,000 as of August 2026, based on 45 active listings.
Is the 95118 ZIP code a buyer's market or a seller's market?
The 95118 ZIP code 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 the 95118 ZIP code?
The average home currently for sale in the 95118 ZIP code has been on the market for 35 days.
Are home prices in the 95118 ZIP code going up or down?
The median sale price in the 95118 ZIP code is up about 4.0% compared with a year ago.
How many homes are for sale in the 95118 ZIP code?
There are 45 homes for sale in the 95118 ZIP code right now, including 9 listed within the last week.