ZIP 95123, San Jose Housing Market

ZIP 95123, San Jose Market Snapshot

ZIP 95123 still favors sellers, but the market is cooling. Here's where things stand:

Based on 117 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.25M
Down 15.5% from March 2025
Down $230K from March 2025
Homes Sold
117
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$7,675/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,190
  • Property Tax$1,302
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
1 fewer day than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
102.5%
Down from 105.8% in March 2025
Selling at or near asking price
% Sold Over Asking
55%
More than half of homes sold above their asking price
Active Listings
78
Up 30.0% from March 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 95123, San Jose.

Median Sale Price
Down 15.5% year-over-year in 95123, San Jose. Based on 117 sales in the most recent month.
Homes Sold
6% fewer homes sold than a year ago in 95123, San Jose.
Total Monthly Payment
Estimated monthly cost is down 17% from a year ago in 95123, San Jose, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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