Calero, San Jose Housing Market · 2026

Data through Jun 2026

Calero, San Jose Market Snapshot

Calero is one of the most competitive markets in the Bay Area right now. Here's what you need to know:

Based on 9 homes sold in the 3 months ending June 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 June 2026

SalesWhat are homes selling for?
Median Sale Price
$1.53M
Down 3.5% from June 2025
Down $55K from June 2025
Homes Sold
9
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,551/mo
6.55% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,774
  • Property Tax$1,593
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
2 more days than in June 2025
Homes sell in a week or two
Sale-to-List Ratio
104.3%
Up from 103.8% in June 2025
Selling 4% above asking
% Sold Over Asking
89%
89% of homes sold above their asking price
Active Listings
3
About 1.1 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 3.5% year-over-year in Calero. Based on 9 sales in the last 3 months.
Homes Sold
13% more homes sold than a year ago in Calero.
Total Monthly Payment
Estimated monthly cost is down 6% 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 6.55%. 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 one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

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

At $1.53M, Calero, San Jose's median sits about 15% below the Bay Area average of $1.80M. 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 $1.47M.

By home type:

  • Single-family homes at $1.53M
  • Townhomes at $1.62M
What price range should I budget for in Calero, San Jose?

Prices in Calero, San Jose depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $1.53M
  • Townhomes at $1.62M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Calero, San Jose for buyers?

Calero, San Jose is one of the Bay Area's more competitive markets:

  • Homes sell about 4% above asking on average
  • 89% close above list price
  • 10 days typical time to go pending
  • 33% of listings have had a price reduction

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

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

At $1.53M with 20% down at 6.55%, your estimated total monthly cost is approximately $9,551:

  • $7,774 principal and interest
  • $1,593 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

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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