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Valencia Hotel, Santana Row (cropped)Photo: Payton Chung · CC BY 2.0
Housing in San Jose

5,563 homes sold in San Jose in the last year, at a typical $1.4M

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where San Jose homes are listed.

Homes sold
5,563
June 2025 to May 2026
Typical sale price
$1.4M
houses $1.7M · condos $688K
Price per square foot
$869
California $504
Paid vs. asking
102.4%
54% sold over asking
For sale now
1,084
May 2026 · 536 sold that month
What sold · last 12 months

17% of San Jose’s sales are condos, at $978K less than a house

3861 houses and 935 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$1.7M

typical sale · 3861 sold in 12 months

Per square foot
$984CA $494
Days to sell
15
Sold over asking
61%
Listings with a price cut
29%
Condos$688K

typical sale · 935 sold in 12 months

Per square foot
$625CA $561
Days to sell
38
Sold over asking
32%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 170 sold, typical $1.5M
Townhouses: 598 sold, typical $1M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

5,563 sales in the last year, against 9,497 in 2021 and a low of 5,198 in 2023. The typical sale went from $790K in 2016 to $1.4M.

Homes soldTypical sale price
02375475071259500$700K$1M$1.3M$1.6M2012: 9214 sold, typical $473K’122013: 8739 sold, typical $609K2014: 8303 sold, typical $665K’142015: 8399 sold, typical $738K2016: 8065 sold, typical $790K’162017: 8050 sold, typical $881K2018: 7219 sold, typical $1.1M’182019: 6904 sold, typical $978K2020: 6694 sold, typical $1.1M’202021: 9497 sold, typical $1.2M2022: 6907 sold, typical $1.3M’222023: 5198 sold, typical $1.3M2024: 6128 sold, typical $1.4M’242025: 5567 sold, typical $1.4MLast 12 months: 5563 sold, typical $1.4MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.4M buys in San Jose

Houseat $984 a sq ft
Condoat $625 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what San Jose homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in San Jose are rarer than before the pandemic, with about as many homes for sale

We read every month of San Jose’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 5,563 sales.

If you’re buying in San Jose

  • Shop in September. It brings about 701 new listings a month, close to the busiest month, with fewer bidding wars (62% over asking).
  • You can negotiate. 29% of listings have cut their price, against 22% before the pandemic.
  • Expect to bid over asking. Buyers paid 102.4% of the list price on average; 54% paid over.
  • Move fast on good ones. 46% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 876 a month), but April is the most competitive: 77% of April sales close over asking. August and September offer nearly as much choice with fewer homes bid up (64%). December has the least competition (56%) but only about 253 new listings.

New listings a monthShare sold over asking
022044066088027%53%80%Sweet spotJan: 509 new listings a month, 58% sold over asking, 30 days to sellJFeb: 631 new listings a month, 69% sold over asking, 16 days to sellFMar: 808 new listings a month, 74% sold over asking, 13 days to sellMApr: 822 new listings a month, 77% sold over asking, 12 days to sellAMay: 876 new listings a month, 75% sold over asking, 13 days to sellMJun: 782 new listings a month, 72% sold over asking, 16 days to sellJJul: 763 new listings a month, 67% sold over asking, 19 days to sellJAug: 710 new listings a month, 64% sold over asking, 21 days to sellASep: 701 new listings a month, 62% sold over asking, 22 days to sellSOct: 627 new listings a month, 61% sold over asking, 23 days to sellONov: 406 new listings a month, 59% sold over asking, 23 days to sellNDec: 253 new listings a month, 56% sold over asking, 28 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

San Jose now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price54%66%79%36%
Gone within two weeksShare of homes under contract within 14 days46%53%66%31%
Listings with a price cutShare of homes for sale that cut their price29%22%16%24%
Price paid vs. askingAverage sale price ÷ list price102.4%104.4%107.3%99.7%
Days to sellMedian days from listing to contract18221244
Supply

808 homes for sale on a typical day

That’s 1.6 times the 2023 low (498), about the 2017–19 level and well under 2019’s 1066.

2012: 995 for sale’122013: 876 for sale2014: 886 for sale2015: 847 for sale’152016: 1005 for sale2017: 590 for sale2018: 805 for sale’182019: 1066 for sale2020: 803 for sale2021: 624 for sale’212022: 717 for sale2023: 498 for sale2024: 654 for sale’242025: 780 for saleLast 12 months: 808 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 22% in 2017–19 and 24% across California. More sellers are pricing high and coming down.

2015: 16%’152016: 18%2017: 13%2018: 23%’182019: 26%2020: 19%2021: 16%’212022: 29%2023: 20%2024: 19%’242025: 27%Last 12 months: 29%Now
Prices by type

Since 2019, houses are up 51%, condos 5%

A house typically sold for $1.7M in the last year (3861 sales), a condo for $688K (935).

$675K$1.1M$1.4M$1.8M2013201520172019202120232025NowHouses 2013: $691K, 5800 salesHouses 2014: $758K, 5399 salesHouses 2015: $835K, 5607 salesHouses 2016: $893K, 5346 salesHouses 2017: $1M, 5307 salesHouses 2018: $1.2M, 4963 salesHouses 2019: $1.1M, 4740 salesHouses 2020: $1.2M, 4530 salesHouses 2021: $1.4M, 6145 salesHouses 2022: $1.6M, 4501 salesHouses 2023: $1.5M, 3439 salesHouses 2024: $1.7M, 4082 salesHouses 2025: $1.7M, 3816 salesHouses last 12 months: $1.7M, 3861 salesHouses $1.7MCondos 2013: $372K, 1635 salesCondos 2014: $418K, 1663 salesCondos 2015: $489K, 1628 salesCondos 2016: $520K, 1653 salesCondos 2017: $585K, 1648 salesCondos 2018: $698K, 1345 salesCondos 2019: $653K, 1293 salesCondos 2020: $636K, 1304 salesCondos 2021: $667K, 1891 salesCondos 2022: $710K, 1422 salesCondos 2023: $713K, 1046 salesCondos 2024: $725K, 1110 salesCondos 2025: $708K, 954 salesCondos last 12 months: $688K, 935 salesCondos $688K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

San Jose ranks 45th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. San Jose is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical San Jose home costs about $8,328 a month

Mortgage
Property tax
Insurance
Rent

Price: San Jose’s typical sale, last 12 months. Property tax at San Jose’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether San Jose is affordable on local pay is on Cost of living.

Before you buy in San Jose

Six things worth knowing

876

New listings in May

The month with the most choice. December has the fewest, about 253.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.4M home, about $10,840 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for San Jose, from test results, graduation and how much students grow.

Schools in San Jose
27 min

Typical commute

The average one-way trip to work for people who live in San Jose.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Alum Rock and East Foothills sell for less a square foot; Cambrian Park and Los Gatos for far more

The busier markets within 25 miles of San Jose, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
San Jose5,563$1.4M$86954%18
Santa Clara699$1.7M$1,07262%15
Los Gatos345$2.5M$1,22743%23
Campbell316$1.8M$1,03157%17
Alum Rock61$984K$81354%21
East Foothills50$1.5M$74342%32
Cambrian Park30$2.5M$1,34257%22

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to San Jose, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to San Jose. People who follow the town see it, and so do people comparing San Jose with their own town. No commission, no listing fee.

Questions about buying a home in San Jose

What do homes sell for in San Jose, CA?

5,563 homes sold in the year to May 2026 at a typical $1.4M, $869 a square foot. Houses sold for about $1.7M, condos for about $688K.

Is San Jose a buyer’s or seller’s market?

A seller’s market: 1084 homes were for sale in May 2026 and 536 sold, about 2 months of supply. Buyers paid 102.4% of asking on average, and 29% of listings cut their price.

When is the best time to buy in San Jose?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in San Jose?

About 0.8% of a home’s value a year. On a $1.4M home that’s near $10,840.

Where can I see homes for sale in San Jose?

Zillow, Redfin, Realtor.com and Homes.com all carry San Jose’s MLS listings; the search links above open each one filtered to San Jose.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).