Valley View-Reed, San Jose Housing Market · 2026

Data through Sep 2026

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

Valley View-Reed, San Jose Market Snapshot

Valley View-Reed still favors sellers, but the market is cooling. Here's where things stand:

Based on 23 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through September 2026

SalesWhat are homes selling for?
Median Sale Price
$1.67M
▼ Down 2.5% from September 2025
Down $43K from September 2025
Homes Sold
23
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,203/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,275
  • Property Tax$1,744
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
17 days
▲ 6 more days than in September 2025
Homes typically sell within a month
Sale-to-List Ratio
103.0%
▼ Down from 104.3% in September 2025
Selling 3% above asking
% Sold Over Asking
61%
More than half of homes sold above their asking price
Active Listings
16
▲ Up 433.5% from September 2025
About 2.1 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Valley View-Reed.

Median Sale Price
Down 2.5% year-over-year in Valley View-Reed. Based on 23 sales in the last 3 months.
Homes Sold
28% more homes sold than a year ago in Valley View-Reed.
Total Monthly Payment
Estimated monthly cost is up 4% from a year ago in Valley View-Reed, 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 7.4%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Valley View-Reed, San Jose

Is now a good time to buy in Valley View-Reed, San Jose?

Valley View-Reed, San Jose still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do Valley View-Reed, San Jose home prices compare to the Bay Area average?

At $1.67M, Valley View-Reed, San Jose's median is close to the Bay Area average of $1.77M.

Within San Jose, this area trades about 24% above the city-wide median of $1.35M.

How competitive is Valley View-Reed, San Jose for buyers?

Valley View-Reed, San Jose currently favors sellers:

  • Homes sell about 3% above asking on average
  • 61% close above list price
  • 17 days typical time to go pending
  • 32% of listings have had a price reduction

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 Valley View-Reed, San Jose home?

At $1.67M with 20% down at 7.4%, your estimated total monthly cost is approximately $11,203:

  • $9,275 principal and interest
  • $1,744 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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