South San Jose, San Jose Housing Market · 2026

Data through Mar 2026

South San Jose, San Jose Market Snapshot

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

Based on 77 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$986K
Down 5.2% from March 2025
Down $54K from March 2025
Homes Sold
77
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,201/mo
6.51% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,991
  • Property Tax$1,027
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
11 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
102.5%
Down from 102.7% in March 2025
Selling at or near asking price
% Sold Over Asking
58%
More than half of homes sold above their asking price
Active Listings
74
Down 8.6% from March 2025
About 1 month of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in South San Jose.

Median Sale Price
Down 5.2% year-over-year in South San Jose. Based on 77 sales in the most recent month.
Homes Sold
8% fewer homes sold than a year ago in South San Jose.
Total Monthly Payment
Estimated monthly cost is down 7% from a year ago in South San Jose, 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 6.51%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about South San Jose, San Jose

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

South San Jose, 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 South San Jose, San Jose home prices compare to the Bay Area average?

At $986K, South San Jose, San Jose's median sits about 47% below the Bay Area average of $1.88M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that South San Jose, San Jose is one of the more accessible corners of the Bay Area.

Within San Jose, this area trades about 33% below the city-wide median of $1.47M.

By home type:

  • Single-family homes at $1.21M
  • Condos at $725K
  • Townhomes at $986K
What price range should I budget for in South San Jose, San Jose?

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

  • Single-family homes at $1.21M
  • Condos at $725K
  • Townhomes at $986K

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 South San Jose, San Jose for buyers?

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

  • Homes sell about 2% above asking on average
  • 58% close above list price
  • 15 days typical time to go pending

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 South San Jose, San Jose home?

At $986K with 20% down at 6.51%, your estimated total monthly cost is approximately $6,201:

  • $4,991 principal and interest
  • $1,027 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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