95123 Housing Market
Median List Price
$1,209,000
Updated August 2026
Today, the 95123 ZIP code in San Jose, CA has 84 homes for sale at a median list price of $1,209,000, typically selling in about 68 days.
95123 Housing Market Overview
The 95123 ZIP code currently shows a median list price of $1.2M. That is about 1.7% below the San Jose median. There are 84 homes currently listed for sale in the 95123 ZIP code.
One bedroom homes are the most affordable tier at a median of $469,000, while six bedroom homes top the range at $2.5M. Over the last six months, the median price has eased about 5.3%, from $1.5M in February to $1.4M in July.
95123 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 16% over the last six months, yet the typical home takes about 68 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
$1.21M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply84 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 ~68 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 33% 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 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 95123 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
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $320K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$750K)
Price Reductions
28 listings have reduced their price
33% of active listings
Average reduction: 4.9% (~$59K)
Browse 95123 Listings
Frequently Asked Questions about the 95123 Housing Market
What is the median home price in the 95123 ZIP code?
The median list price in the 95123 ZIP code is $1,209,000 as of August 2026, based on 84 active listings.
Is the 95123 ZIP code a buyer's market or a seller's market?
The 95123 ZIP code currently reads as a buyer's market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in the 95123 ZIP code?
The average home currently for sale in the 95123 ZIP code has been on the market for 68 days.
How many homes are for sale in the 95123 ZIP code?
There are 84 homes for sale in the 95123 ZIP code right now, including 11 listed within the last week.