The San Jose housing market is most competitive. Homes in San Jose receive 7 offers on average and sell in around 9 days. The median sale price of a home in San Jose was $1.5M last month, up 13.6% since last year. The median sale price per square foot in San Jose is $915, up 12.3% since last year.
What is the housing market like in San Jose today?
In April 2024, San Jose home prices were up 13.6% compared to last year, selling for a median price of $1.5M. On average, homes in San Jose sell after 9 days on the market compared to 10 days last year. There were 578 homes sold in April this year, up from 454 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
+13.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
San Jose, CA
$1,500,000
+13.6%
United States
To compare other locations to the San Jose and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. San Jose's median sale price is 257% higher than the national average. Overall cost of living in San Jose is 75% higher than the national average. Learn which home features in San Jose add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the San Jose housing market?
San Jose is most competitive. Homes sell in 9 days.
0
100
96
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 8% above list price and go pending in around 9 days.
Hot homes
can sell for about 16% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for San Jose
Explore recent offers and recently sold homes in San Jose
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$3.25M Offer
Sold for $3.75M
4bd | 3ba | ~2,000sqft
Over List Price
17%
Days on Market
6
Competing Offers
18
Down Payment
~30%
Mimi Trieu
San Jose Redfin Agent
19 offers total. Highest offer around $700k over asking
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on San Jose housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in San Jose.
Risk Factor
Flood Factor - Major
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
San Jose has a major risk of flooding. 38,708 properties in San Jose are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in San Jose. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
San Jose has a major risk of wildfire. There are 99,287 properties in San Jose that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in San Jose.