Calero, San Jose Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Calero, San Jose Market Snapshot

Calero is a balanced market, but competition has been picking up. Here's where things stand:

Based on 10 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.34M
Down 2.9% from August 2025
Down $40K from August 2025
Homes Sold
10
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,557/mo
6.76% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,975
  • Property Tax$1,399
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
1 more day than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
98.5%
Up from 97.5% in August 2025
Selling 2% below asking
% Sold Over Asking
40%
40% of homes sold above asking, some competition
Active Listings
5
Up 79.1% from August 2025
About 1.6 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Calero.

Median Sale Price
Down 2.9% year-over-year in Calero. Based on 10 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is down 2% from a year ago in Calero, 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 6.76%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Calero, San Jose

Is now a good time to buy in Calero, San Jose?

Calero, San Jose is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Calero, San Jose home prices compare to the Bay Area average?

At $1.34M, Calero, San Jose's median sits about 24% below the Bay Area average of $1.78M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Calero, San Jose is one of the more accessible corners of the Bay Area.

This is close to the San Jose city-wide median of $1.40M.

How competitive is Calero, San Jose for buyers?

Calero, San Jose is a balanced market where neither side dominates:

  • Homes sell about 2% below asking on average
  • 40% close above list price
  • 12 days typical time to go pending
  • 26% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Calero, San Jose home?

At $1.34M with 20% down at 6.76%, your estimated total monthly cost is approximately $8,557:

  • $6,975 principal and interest
  • $1,399 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

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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