San Jose Housing Market: Trends & Prices (2025)
San Jose Real Estate Market Overview
(Last Updated – 04/2025)
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, 41 rainy days, and no snow. Comparatively, the U.S. average for these fun weather facts is 200-250 days of sun, 110-120 rainy days, and anywhere from zero to 60+ days of 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.
Overall San Jose 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 a short 12 days, receive an average of five offers, and sell for 5% to 13% above list price. If you’re considering buying a home in San Jose, you’ll have to act fast.
$1.4 million
Median Sale Price
$914
Median Price Per Sq. Ft
12 days
Median Time on Market
San Jose Housing Market Forecast
According to Zillow, San Jose’s housing market went up 8.1% over the past year.
Given that homes are selling quickly and above asking price, San Jose is forecasted to continue to be in a seller’s market throughout the rest of 2025.
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: $136,229
Median Age: 38.1
College Educated: 47.6%
Homeowners: 56%
Married: 50%
Popular San Jose Neighborhoods
More than 969,000 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.
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:
63,524
Median Age:
38.6
Housing Units:
26,833
Bike Score:
70/100
Walk Score:
58/100
Transit Score:
40/100
Median Household Income:
$195,812
Willow Glen Housing Market
Get ready to move quickly if you’re looking to find the right home in Willow Glen. Most homes in this extremely competitive area only stay on the market for around 11 days.
Really popular homes typically only last eight days, so you’ll need to be ready to make an offer if you find a home you love. You also need to be prepared to spend, as homes for sale in Willow Glen usually sell for 5% to 12% above their list price.
Median Sale Price
$1.86 million
Median Price Per Square Ft.
$1,180
Silver Creek
Ranked as one of Niche’s best neighborhoods to live in, Silver Creek is an affluent neighborhood known for its picturesque landscapes and upscale residences. The community, which is composed of both retirees and families, offers a tranquil suburban atmosphere with convenient access to urban amenities.
Residents enjoy a variety of shopping and dining options at the nearby Canyon Creek Plaza Shopping Center, which offers a range of retail stores and eateries. For outdoor enthusiasts, the area provides numerous parks and trails, promoting an active and healthy lifestyle.
Quick Facts
Population:
19,420
Median Age:
38.4
Housing Units:
5,707
Bike Score:
24/100
Walk Score:
10/100
Transit Score:
14/100
Median Household Income:
$255,752
Silver Creek Housing Market
Like many neighborhoods in San Jose, Silver Creek has a somewhat competitive housing market. Homebuyers should expect some homes for sale to receive multiple offers and to sell for around 3% above list price.
If you are interested in calling Silver Creek home, you’ll need to move fast. Silver Creek houses typically go pending in nine days, with in-demand homes going in just six days.
Median Sale Price
$3.2 million
Median Price Per Square Ft.
$985
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:
38,003
Median Age:
46.9
Housing Units:
12,864
Bike Score:
67/100
Walk Score:
67/100
Transit Score:
34/100
Median Household Income:
$297,716
Almaden Valley Housing Market
The Almaden Valley housing market has been hot this past year, with Redfin data showing home prices up 5.3% from February 2024 to February 2025.
The area remains very competitive, with most homes getting multiple offers and only staying on the market for eight days. Popular homes in this neighborhood stay on the market for just six days.
Median Sale Price
$2.3 million
Median Price Per Square Ft.
$1,060
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 like 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 like 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:
74,383
Median Age:
33.5
Housing Units:
28,827
Bike Score:
91/100
Walk Score:
79/100
Transit Score:
60/100
Median Household Income:
$140,278
Downtown Housing Market
The Downtown San Jose housing market is very competitive, according to Redfin. Many of the homes for sale receive multiple offers, so get ready to bid if you find your dream home in this neighborhood.
The average home in Downtown San Jose is pending within 20 days and sells for 1% above list price. More desired homes are pending within nine days and may go as high as 5% above list price.
Median Sale Price
$1.0 million
Median Price Per Square Ft.
$757
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:
80,176
Median Age:
39
Housing Units:
28,298
Bike Score:
68/100
Walk Score:
67/100
Transit Score:
37/100
Median Household Income:
$213,700
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 10 days for 10% above list price.
The more in-demand homes can sell for 15% above list price after just eight days on the market.
Median Sale Price
$2.2 million
Median Price Per Square Ft.
$1,220
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 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 often receive multiple offers, and properties tend to 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 East 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 early 2025, the median home price in San Jose is $1.4 million, according to Redfin. Prices vary by neighborhood, with areas like Almaden Valley and Silver Creek on the higher end, while places like Downtown San Jose offer slightly more affordable options.
SoFi Mortgages
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SoFi Loan Products
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*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
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