Local home value data · San Jose, CA
What's my home worth in San Jose, CA?
San Jose is the center of Silicon Valley and one of the most expensive housing markets in the country, with a median sale price well over $1 million. Homes still sell quickly, but prices have eased a little from a year ago.
Is San Jose a buyer's or seller's market?
Roughly balanced. Redfin rates San Jose 56/100 (somewhat competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in San Jose
A median sale price of $1,398,000, down 3.6% year-over-year, shows modest softening at a very high price level. Homes in San Jose sell in a median of about 21 days, essentially unchanged from 20 a year ago, and average around two offers. Demand is still steady, but sellers should not assume last year's pricing will hold and should anchor to recent nearby sales.
How San Jose compares
San Jose's median sale price sits 245% above the U.S. median.
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Is San Jose a buyer's or seller's market right now?
It is mixed. Homes sell in a median of 21 days, which is fast, and draw about two offers, but the median sale price is down 3.6% year-over-year and the Compete Score is a moderate 56 out of 100. Buyers have a bit more room to negotiate than a year ago, while fast sales mean well-priced homes still move quickly.
How expensive is San Jose compared with the rest of the country?
Redfin reports San Jose's median sale price is about 242% higher than the national average. At $1,398,000, it is among the priciest large-city markets in the U.S.
How accurate is the San Jose median for my neighborhood?
The $1,398,000 citywide median averages together very different areas and home types, so values can vary widely from one neighborhood to the next. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.