ZIP 95116, San Jose Housing Market

ZIP 95116, San Jose Market Snapshot

ZIP 95116 is a balanced market, but competition has been picking up. Here's where things stand:

Based on 23 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
$951K
Up 3.9% from March 2025
Up $36K from March 2025
Homes Sold
23
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,883/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,709
  • Property Tax$991
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
20 days
13 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
101.1%
Up from 100.4% in March 2025
Selling at or near asking price
% Sold Over Asking
57%
More than half of homes sold above their asking price
Active Listings
34
Up 36.0% from March 2025
About 1.5 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 95116, San Jose.

Median Sale Price
Up 3.9% year-over-year in 95116, San Jose. Based on 23 sales in the most recent month.
Homes Sold
39% fewer homes sold than a year ago in 95116, San Jose.
Total Monthly Payment
Estimated monthly cost is up 1% from a year ago in 95116, 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 6.3%. Your actual rate depends on your credit, down payment, and loan type.
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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?