Silver Creek, San Jose Housing Market · 2026

Data through May 2026

Silver Creek, San Jose Market Snapshot

Silver Creek favors sellers and competition is intensifying. Here's the picture:

Based on 29 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$3.46M
Up 2.2% from May 2025
Up $75K from May 2025
Homes Sold
29
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$21,234/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$17,452
  • Property Tax$3,599
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
11.5 days
4 more days than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
105.0%
Up from 104.0% in May 2025
Selling 5% above asking
% Sold Over Asking
66%
More than half of homes sold above their asking price
Active Listings
9
Up 50.0% from May 2025
About 0.3 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 2.2% year-over-year in Silver Creek. Based on 29 sales in the most recent month.
Homes Sold
53% more homes sold than a year ago in Silver Creek.
Total Monthly Payment
Estimated monthly cost is down 1% from a year ago in Silver Creek, 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 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Silver Creek, San Jose

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

Silver Creek, San Jose favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $3.46M, Silver Creek, San Jose's median sits about 86% above the Bay Area average of $1.85M. Silver Creek, San Jose is on the higher end of the regional market.

Within San Jose, this area trades about 146% above the city-wide median of $1.40M.

By home type:

  • Single-family homes at $3.50M
  • Condos at $1.44M
What price range should I budget for in Silver Creek, San Jose?

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

  • Single-family homes at $3.50M
  • Condos at $1.44M

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 Silver Creek, San Jose for buyers?

Silver Creek, San Jose currently favors sellers:

  • Homes sell about 5% above asking on average
  • 66% close above list price
  • 11.5 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

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

At $3.46M with 20% down at 6.49%, your estimated total monthly cost is approximately $21,234:

  • $17,452 principal and interest
  • $3,599 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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