The San Jose housing market is very competitive. Homes in San Jose receive 3 offers on average and sell in around 14 days. The median sale price of a home in San Jose was $1.4M last month, up 4.6% since last year. The median sale price per square foot in San Jose is $890, up 8.9% since last year.
What is the housing market like in San Jose today?
In October 2024, San Jose home prices were up 4.6% compared to last year, selling for a median price of $1.4M. On average, homes in San Jose sell after 14 days on the market compared to 14 days last year. There were 527 homes sold in October this year, up from 445 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,412,500
+4.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
San Jose, CA
$1,412,500
+4.6%
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 233% higher than the national average. Overall cost of living in San Jose is 79% higher than the national average. Learn which home features in San Jose add value to a home.
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How hot is the San Jose housing market?
San Jose is very competitive. Homes sell in 16 days.
0
100
88
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 16 days.
Hot homes
can sell for about 10% above list price and go pending in around 8 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
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.
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
San Jose has a moderate risk of flooding. 36,635 properties in San Jose are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in San Jose. Flood risk is increasing slower than the national average.
36% of properties are at risk of wildfire over the next 30 years
Fire Factor
San Jose has a major risk of wildfire. There are 83,594 properties in San Jose that have some risk of being affected by wildfire over the next 30 years. This represents 36% of all properties in San Jose.