San Jose, CA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

San Jose, CA offers balanced conditions for buyers.

  • Prices are essentially flat (-1.7% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 39.0 — renting may be more affordable in the near term.

Median Home Value

$1,605,186

ZHVI

Year-over-Year

-1.7%

Price change

5-Year Change

+29%

Since 2021

Median Rent

$3,431/mo

ZORI

Active Listings

1,783

For sale

State Avg

$765,036

California

Home Value Trends

5-year Zillow Home Value Index for San Jose, CA vs. state and national averages.

Rent Data

Median Rent

$3,431/mo

Rent YoY Change

+5%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.