| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $1.39M | +1.7% YoY |
| Median price per sq ft | $827 | 1,608 sq ft median |
| Median days on market | 35 | -3% YoY |
| Active listings | 2,112 | +17% YoY |
| New listings this month | 1,336 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $1.52M | -4.7% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 101.8% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 42.5% | 899 pending |
| Inventory vs 2019 | 100% | Active listings vs same month in 2019 |
| Gross rental yield | 3.0% | 2BR fair market rent |
Global gateway market · California · September 2026 data
What is the San Jose, CA real estate market doing?
As of September 2026, the median home listed in San Jose, CA asks $1.39M, up 1.7% year over year. Homes spend a median of 35 days on market, with 2,112 active listings and 16% carrying a price cut; pending contracts equal 43% of active listings, and inventory sits at 100% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 3.0%. Figures come from public records and industry data, updated monthly.
Median listing price
$1.39M
▲ 1.7% YoY
Median $ / sq ft
$827
1,608 sq ft median
Median days on market
35
September 2026
Active listings
2,112
For sale now
New listings
1,336
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
100%
Same month, 2019 = 100
Pending / active
43%
Contract activity
Median sale price (closed)
$1.52M
▼ 4.7% YoY · closed sales · July 2026
Sale-to-list ratio
101.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
976
Closed sales · July 2026, seasonally adjusted
What is the San Jose, CA housing market doing right now?
The San Jose, CA housing market lists at a $1.39M median as of September 2026, up 1.7% year over year, with a 35-day median market time and 2,112 homes for sale (16% with a price cut). Active inventory is 100% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.0%.
San Jose housing market statistics
The table summarizes San Jose's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for San Jose.
How have home prices changed in San Jose?
San Jose home prices are up 1.7% year over year and +2.9% month over month as of September 2026, at a $1.39M median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, San Jose CA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, San Jose CA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in San Jose?
San Jose has 2,112 active listings, 1,336 new this month, 899 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 100% of its 2019 level — a balanced market by pace.
Is San Jose a good real estate investment?
San Jose scores 52/100 on WealthyBud's composite Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
52/100
#415 of 933 covered metros
Price volatility
High
σ 7.6% · 20-yr price-index swings
San Jose scores 52/100 on our composite Investor Score (#415 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 34% over five years and +58% over ten, leaving prices 18% above its own 2000–2019 trend; at the published FY2026 fair market rent of $3,464/mo for a two-bedroom, the gross rental yield on the median listing is about 3.0%; active inventory sits at 100% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 1.7% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how San Jose ranks on the trending markets index.
How much is a monthly mortgage payment in San Jose?
A home at San Jose's $1.39M median listing runs about $7,600 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$6,861/mo
−$739/mo vs today
At today's rate · 7.28%
$7,600/mo
National weekly average
If rates rise 1% · 8.28%
$8,368/mo
+$768/mo vs today
Principal & interest on the $1.39M median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in San Jose?
To buy San Jose’s $1.39M median listing with 20% down, a household needs about $361,000 a year in gross income, keeping principal, interest and property tax ($8,422/mo) at 28% of income. That is 2.3× the area’s $157,444 median household income, so a typical San Jose household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $1.39M | September 2026 |
| Down payment (20%) | $277,694 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $7,600/mo | Rate as of 2026-10-01 |
| Property tax (0.71% effective rate) | $822/mo | Census ACS |
| Income needed (28% rule) | $361,000 | Gross household income / yr |
| Median household income | $157,444 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the San Jose housing market?
Longer-run demand in San Jose shows up in 6,051 homes permitted in 2025; net migration of -22,152 residents; +1.6% job growth. Natural-hazard risk rates Very High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
6,051
▲ 46.9% vs 2024
3.1 per 1,000 residents
Net migration (2022–2023)
-22,152
▼ people, via tax-return records
net income flow −$3127.4M/yr
Job growth (YoY)
+1.6%
▲ 1,180.8k nonfarm jobs · August 2026
Natural-hazard risk
Very High
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest San Jose real estate news?
Are homes selling in San Jose in 2026?ttownmedia.com · 2026-06-25→Bay Area Leads California in Home Sales Growth as AI Boom Fuels Demandedhat · 2026-06-10→Real Estate Market Trends in San Jose, CA: Prices FallRealtor.com · 2026-06-06→Are Homes Selling in San Jose in 2026?Stacker · 2026-06-25→
San Jose's housing market in June 2026 shows conflicting signals of prices falling yet sales growing, potentially driven by AI. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Median price, pace and inventory for 30 San Jose ZIPs — the spread behind the metro number.
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The highest-producing real estate agents in San Jose, ranked by recent sales.
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ReadSan Jose housing market FAQ
What is the median home price in San Jose?
As of September 2026, the median listing price in San Jose, CA is $1.39M, up 1.7% year over year (source: public records and industry data).
How much does it cost to buy a home in San Jose?
The median home listed in San Jose asks $1.39M as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $7,600 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in San Jose?
The median property in San Jose spends 35 days on the market, with 2,112 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in San Jose?
With a median 35 days on market and 16% of active listings carrying a price cut, pending contracts at 43% of active listings, San Jose reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is San Jose a good place to invest in real estate?
San Jose scores 52/100 on WealthyBud's Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in San Jose?
See WealthyBud directories for the top-producing agents, teams and brokerages serving San Jose and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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