Erikson, San Jose Housing Market · 2026

Data through Sep 2026

Erikson, San Jose Market Snapshot

Erikson is a balanced market, a good environment for thoughtful decisions on both sides:

  • 28 days on market gives buyers time to be selective and negotiate
  • Selling at or near list price. Fair offers are competitive here
  • Loan payment: $6,977/mo P&I (7.32%, 20% down) · Est. total ~$8,483/mo with tax + insurance, well below the Bay Area average.
  • Erikson pricing is near the San Jose city-wide median ($1.27M vs. $1.35M)

Based on 6 homes sold in the 3 months ending September 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 September 2026

SalesWhat are homes selling for?
Median Sale Price
$1.27M
▼ Down 25.1% from September 2025
Down $425K from September 2025
Homes Sold
6
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,483/mo
7.32% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,977
  • Property Tax$1,323
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
28 days
▼ 1 fewer day than in September 2025
Homes typically sell within a month
Sale-to-List Ratio
100.3%
▲ Up from 99.8% in September 2025
Selling at or near asking price
% Sold Over Asking
50%
50% of homes sold above asking, some competition
Active Listings
3
▲ Up 220.1% from September 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 Erikson.

Median Sale Price
Down 25.1% year-over-year in Erikson. Based on 6 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is down 20% from a year ago in Erikson, 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 7.32%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Erikson, San Jose

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

Erikson, San Jose is a balanced market, a good environment for thoughtful decisions on both sides. Sellers can expect fair prices and buyers have time to negotiate without extreme pressure.

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

At $1.27M, Erikson, San Jose's median sits about 28% below the Bay Area average of $1.77M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Erikson, San Jose is one of the more accessible corners of the Bay Area.

This is close to the San Jose city-wide median of $1.35M.

By home type:

  • Single-family homes at $1.31M
  • Townhomes at $1.00M
What price range should I budget for in Erikson, San Jose?

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

  • Single-family homes at $1.31M
  • Townhomes at $1.00M

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 Erikson, San Jose for buyers?

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

  • Homes sell about 0.3% above asking on average
  • 50% close above list price
  • 28 days typical time to go pending
  • 20% 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 Erikson, San Jose home?

At $1.27M with 20% down at 7.32%, your estimated total monthly cost is approximately $8,483:

  • $6,977 principal and interest
  • $1,323 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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