San Jose Housing Market: Trends & Prices (2026)
San Jose Real Estate Market Overview
(Last Updated – 09/2026)
San Jose offers a unique blend of urban innovation and relaxed California charm. As the heart of Silicon Valley, it’s a hub for tech professionals and entrepreneurs, with a thriving economy and access to world-class opportunities.
In addition to San Jose’s bustling economy, the city boasts more than 300 sunny days per year and no snow. San Jose’s cultural diversity is another big strength, reflected in its wide array of international cuisine, community festivals, and inclusive neighborhoods. San Jose also encourages an active lifestyle with countless parks, trails, and outdoor spaces to explore.
But the rise of Silicon Valley has contributed to the rise of the San Jose average house price in recent years, and San Jose’s cost of living is one of the highest in the entire nation.
Still, if you can swing it and you’re looking to buy, San Jose is a lovely place to live. But before you make any big decisions, keep reading to learn more about the San Jose housing market forecast, housing prices, and neighborhood demographics.
San Jose Real Estate Market Trends
In looking at local housing market trends, the San Jose real estate market is considered to be one of the most competitive.
Homes in San Jose are typically on the market for 21 days, receive an average of three offers, and sell for 1% above list price. If you’re considering buying a home in San Jose, you may need to act fast. It can help to know your home loan options before you start house hunting.
$1.4 million
Median Sale Price
$859
Median Price Per Sq. Ft
21 days
Median Time on Market
San Jose Housing Market Forecast
According to Zillow, San Jose’s home values went down 1.1% over the past year.
Given that homes are still selling quickly and above asking price, San Jose is forecasted to continue to be a seller’s market throughout the rest of 2026.
Demographics of the San Jose Market
There are dozens of distinct neighborhoods across San Jose’s 177.9 square miles, all of which have their own benefits and charm.
Before looking at a few, you might want to review some overarching San Jose demographics.
Median Income: $148,226
Median Age: 38.6
College Educated: 49%
Homeowners: 55.8%
Married: 50%
Popular San Jose Neighborhoods
More than 997,000 people call San Jose home. From historic neighborhoods to up-and-coming ones, there is a niche for everyone.
Young career builders will feel right at home in the hustle and bustle of Downtown, and families will love the quaint streets of Willow Glen.
Before you settle down, take a look at the demographics of five popular options.
Recommended: Average Monthly Expenses for One Person
Willow Glen
Willow Glen is a charming neighborhood located southwest of downtown San Jose and minutes from San Jose State University. Renowned for its tree-lined streets and historical architecture, the area offers a small-town feel within the urban environment of San Jose.
The neighborhood’s main thoroughfare, Lincoln Avenue, serves as a vibrant downtown district, featuring a variety of boutique shops, restaurants, and cafes that contribute to its lively atmosphere.
Quick Facts
Population:
64,490
Median Age:
39
Housing Units:
26,974
Bike Score:
70/100
Walk Score:
58/100
Transit Score:
40/100
Median Household Income:
$131,152
Willow Glen Housing Market
Most homes in this somewhat competitive area stay on the market for around 22 days.
Really popular homes typically only last nine days, so you’ll need to be ready to make an offer if you find a home you love. It may be a good idea to get mortgage preapproval before then. You also need to be prepared to spend, as homes for sale in Willow Glen usually sell for 1%-5% above their list price.
Median Sale Price
$1.82 million
Median Price Per Square Ft.
$1,060
Evergreen
Ranked as one of Niche’s best San Jose neighborhoods to live in, Evergreen is located in the East Foothills, away from the city center. It offers newer developments, hillside views, and a suburban feel.
In Evergreen Village Square, you can enjoy farmers markets, concerts, and holiday events. North of the neighborhood, you can have picnics, ride around the sports park, or walk along the trail at Lake Cunningham Regional Park.
Quick Facts
Population:
37,011
Median Age:
43
Housing Units:
10,564
Bike Score:
33/100
Walk Score:
40/100
Transit Score:
90/100
Median Household Income:
$167,257
Evergreen Housing Market
Like many neighborhoods in San Jose, Evergreen has a very competitive housing market. Homebuyers should expect some homes for sale to receive multiple offers and to sell for around list price.
If you are interested in calling Evergreen home, you’ll need to move moderately fast through the home-buying process. Evergreen houses typically go pending in 27 days, with in-demand homes going in 13 days.
Median Sale Price
$1.4 million
Median Price Per Square Ft.
$732
Almaden Valley
Almaden Valley is nestled between the Santa Cruz Mountains to the west and the Santa Teresa Hills to the east. The upscale neighborhood is known for its picturesque landscapes, rolling hills, open spaces, and scenic views.
The shining star of Almaden is the Almaden Community Center. This state-of-the-art facility hosts athletic programs, events, arts and crafts, and summer camps for children.
Residents of Almaden Valley also enjoy access to numerous parks and recreational areas, including the expansive Almaden Quicksilver County Park, which features over 4,000 acres of hiking trails and picnic spots.
Quick Facts
Population:
18,752
Median Age:
48
Housing Units:
6,585
Bike Score:
67/100
Walk Score:
67/100
Transit Score:
34/100
Median Household Income:
$250,001
Almaden Valley Housing Market
The Almaden Valley housing market has been somewhat competitive this past year, with Redfin data showing home prices down 5.2% from August 2025 to August 2026.
Some homes get multiple offers and stay on the market for 17 days. Popular homes in this neighborhood stay on the market for just eight days.
Median Sale Price
$2.1 million
Median Price Per Square Ft.
$982
Downtown
Downtown San Jose serves as the vibrant urban center of Silicon Valley, seamlessly blending business, culture, and entertainment. The area is home to major tech companies such as Adobe and Zoom, alongside over 200 high-tech firms, fostering an environment rich in innovation and professional opportunities.
Residents of Downtown San Jose can enjoy a dynamic culinary scene, with establishments such as the San Pedro Square Market offering diverse dining options. The area is also known for its lively nightlife, featuring numerous bars, clubs, and entertainment venues.
Quick Facts
Population:
74,124
Median Age:
35
Housing Units:
30,052
Bike Score:
66/100
Walk Score:
90/100
Transit Score:
90/100
Median Household Income:
$128,983
Downtown Housing Market
The Downtown San Jose housing market is somewhat competitive, according to Redfin. Some homes for sale receive multiple offers, and you may need to be ready to bid if your dream home is one of the hot homes in this neighborhood.
The average home in Downtown San Jose is pending within 28 days and sells for 1% below list price. More desired homes are pending in around 10 days and may go 1% above list price.
Median Sale Price
$925,000
Median Price Per Square Ft.
$675
Cambrian Park
Cambrian Park is a charming suburban neighborhood located in the western part of San Jose. Known for its tree-lined streets and family-friendly atmosphere, Cambrian Park offers residents a blend of suburban tranquility and urban convenience.
The neighborhood has highly rated public schools, making it a desirable location for families. Residents enjoy access to numerous parks and recreational facilities, fostering an active outdoor lifestyle.
Quick Facts
Population:
79,761
Median Age:
40
Housing Units:
28,560
Bike Score:
38/100
Walk Score:
70/100
Transit Score:
90/100
Median Household Income:
$169,304
Cambrian Park Housing Market
Cambrian Park has one of the most competitive housing markets in San Jose. Most homes in this area receive multiple offers and sell in around 13 days for 6% above list price.
The more in-demand homes can sell for 7% above list price after just nine days on the market. Given the high prices in this area, you may need to look into jumbo loans.
Median Sale Price
$2.6 million
Median Price Per Square Ft.
$1,110
SoFi Home Loans
It’s easy to see why San Jose has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
If you think San Jose could be your home sweet home, then you may need to consider different mortgage loans during your home-buying process.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
What is the current rate of the San Jose housing market?
The San Jose housing market remains somewhat competitive, with limited inventory and high demand keeping prices elevated. While price growth has moderated slightly, home values are still among the highest in the country, reflecting the area’s strong economy and tech-driven job market.
Is San Jose a buyer’s or seller’s market?
San Jose is currently a seller’s market. Homes may receive multiple offers, and properties can sell quickly, sometimes above the asking price. Buyers should be prepared to act fast and may need to offer competitive bids.
Are there affordable housing options in San Jose?
While San Jose is known for its high cost of living, some neighborhoods offer relatively more affordable housing. South San Jose and parts of West San Jose may provide opportunities for buyers seeking entry-level homes or fixer-uppers. Additionally, the city is investing in more affordable housing developments.
How much does a typical home cost in San Jose?
As of August 2026, the median home price in San Jose is $1.4 million, according to Redfin. Prices vary by neighborhood, with areas such as Almaden Valley and Cambrian Park on the higher end, while places such as Downtown San Jose offer slightly more affordable options.
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