ZIP 95131, San Jose Housing Market

ZIP 95131, San Jose Market Snapshot

ZIP 95131 is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:

Based on 33 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
$1.20M
Down 9.6% from March 2025
Down $127K from March 2025
Homes Sold
33
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$7,375/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,942
  • Property Tax$1,250
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
11 days
2 more days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
103.4%
Down from 107.2% in March 2025
Selling 3% above asking
% Sold Over Asking
82%
82% of homes sold above their asking price
Active Listings
34
Up 54.5% 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 95131, San Jose.

Median Sale Price
Down 9.6% year-over-year in 95131, San Jose. Based on 33 sales in the most recent month.
Homes Sold
33% fewer homes sold than a year ago in 95131, San Jose.
Total Monthly Payment
Estimated monthly cost is down 11% from a year ago in 95131, 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.”
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