San Jose housing market: median home price and forecast
San Jose home prices: the Zillow Home Value Index put a typical home in San Jose, California at $1,353,869 in September 2026, −0.5% compared with a year earlier, and −5.6% under the peak of $1,433,802 reached in January 2025.
- Typical value for a home
- $1,353,869September 2026, Zillow ZHVI
- Change over 12 months
- −0.5%. Change since September 2025.
San Jose home prices since 2000
San Jose appears as the steel line, the United States as the grey line. From January 2000 to now, the typical San Jose home has risen from $313,195 to $1,353,869, ×4.32, while the US gained ×2.99 over those same months. At the boom high, prices reached $614,073 in April 2007; the low came in December 2011 at $397,953, −35.2%.
San Jose median home price by year
Each yearly figure averages the twelve monthly values; for 2026 the latest month is shown.
| Year | San Jose | Change on the year | United States |
|---|---|---|---|
| 2000 | $344,979 | $125,745 | |
| 2001 | $418,667 | +21.4% | $134,899 |
| 2002 | $418,345 | −0.1% | $144,276 |
| 2003 | $430,625 | +2.9% | $155,308 |
| 2004 | $472,648 | +9.8% | $169,891 |
| 2005 | $563,115 | +19.1% | $189,732 |
| 2006 | $606,073 | +7.6% | $206,531 |
| 2007 | $607,284 | +0.2% | $208,449 |
| 2008 | $528,985 | −12.9% | $195,574 |
| 2009 | $431,417 | −18.4% | $177,542 |
| 2010 | $435,807 | +1.0% | $171,462 |
| 2011 | $409,318 | −6.1% | $162,508 |
| 2012 | $430,436 | +5.2% | $161,137 |
| 2013 | $535,788 | +24.5% | $171,420 |
| 2014 | $606,995 | +13.3% | $182,996 |
| 2015 | $686,167 | +13.0% | $192,738 |
| 2016 | $735,731 | +7.2% | $204,509 |
| 2017 | $764,613 | +3.9% | $216,767 |
| 2018 | $945,549 | +23.7% | $230,541 |
| 2019 | $952,661 | +0.8% | $242,088 |
| 2020 | $970,284 | +1.8% | $257,151 |
| 2021 | $1,115,687 | +15.0% | $295,959 |
| 2022 | $1,288,594 | +15.5% | $340,014 |
| 2023 | $1,242,342 | −3.6% | $348,160 |
| 2024 | $1,370,343 | +10.3% | $359,751 |
| 2025 | $1,389,157 | +1.4% | $362,959 |
| September 2026 | $1,353,869 | −0.5% | $366,157 |
What a home bought in San Jose in any year is worth now
An index-based estimate of a typical home, not an appraisal.
Each year's figure averages its twelve monthly index values, and the current value is the one for September 2026. Other options: home appreciation calculator.
Thinking about selling? Compare local agents through Realtor.com. Advertising disclosure: a link like this one may pay the site, but no number is ever changed. Disclosure.
San Jose housing market forecast
For San Jose, CA, Zillow's forecast puts the metro at +1.9% for the 12 months starting September 2026, and −1.0% for the three months right after. San Jose's typical value stands at $1,353,869, so the forecast would land near $1,379,600 a year on.
Zillow's central estimate for this metro is repeated here; the site itself offers no forecast. Forecasts like this over 12 months have usually been several percentage points away from the realised change, in both directions. This is not investment advice.
All metro forecasts in one table: housing market forecast.
San Jose housing market crash risk score
A score of 64 of 100, a high reading.
Against the 292 cities, San Jose is ranked on five conditions that were high before earlier price declines. Each input is scored from 0 to 100 by comparison with the other cities, and all five scores carry the same weight in the average. Conditions as they stand today are what it covers; no crash is predicted.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +0.3% | 48 | 20% |
| Days on the market vs 2019 | −18.6% | 10 | 20% |
| Price-to-rent ratio | 31.5 | 94 | 20% |
| Price-to-income ratio | 9.1 | 94 | 20% |
| 12-month price change | −0.5% | 72 | 20% |
This is not investment advice. The scoring method for the inputs: methodology. The 292 cities, all ranked: crash risk by city.
San Jose inventory and days on market
In September 2026 the San Jose, CA metro counted 2,112 homes for sale. That is +17.4% higher than a year earlier and +0.3% above the same month of 2019. Listings sold in a median of 35 days (−18.6% against 2019), and 16.4% of them had a price cut.
| San Jose, CA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,112 | +17.4% |
| New listings | 1,336 | |
| Median days on market | 35 | −2.8% |
| Median list price | $1,388,472 | +1.7% |
| Share with a price cut | 16.4% |
Metro inventory figures come from Realtor.com® Economic Research. Realtor.com data source. Every metro: city-by-city days on market.
Living costs in San Jose
The Zillow Observed Rent Index puts a typical asking rent in San Jose at $3,582 a month, +7.5% on a year. At that rent, a typical home is worth 31.5 years of payments. The median household income comes to $148,226 (Census ACS 2024), which makes the typical home 9.1 times a year's income. According to BEA, prices in the metro stand at 110.4 while the US average is 100, and housing costs are 211.9.
The salary required to move there, with rent and prices: San Jose cost of living.
Other California housing markets
- $927,891. Los Angeles
- $980,490. San Diego
- $1,441,021. San Francisco
- $384,885. Fresno
- $470,552. Sacramento
- Long Beach $852,391
- $710,647. Oakland
- $385,686. Bakersfield
- $941,684. Anaheim
- Stockton, $422,451.
All of California: housing market.
How to read this chart
The Zillow Home Value Index for San Jose is plotted point by point, each value covering a typical home from the middle third of that housing market, smoothed and seasonally adjusted, in that month's dollars. The hollow dot shows the month picked on the slider, and the terracotta dot shows the latest month. Inflation is left out of these figures, and what an index tracks is the typical home, not one particular house: find the value of a single home from its own sale price using the card above or the home appreciation calculator.