The Downtown San Jose housing market is very competitive. The median sale price of a home in Downtown San Jose was $940K last month, down 1.1% since last year. The median sale price per square foot in Downtown San Jose is $663, up 3.8% since last year.
What is the housing market like in Downtown San Jose today?
In December 2024, Downtown San Jose home prices were down 1.1% compared to last year, selling for a median price of $940K. On average, homes in Downtown San Jose sell after 34 days on the market compared to 26 days last year. There were 58 homes sold in December this year, up from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$939,500
-1.1% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Downtown San Jose, CA
$939,500
-1.1%
United States
To compare other locations to the Downtown San Jose and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Jose add value to a home.
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Work with the best agents in Downtown San Jose
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How hot is the Downtown San Jose housing market?
Downtown San Jose is very competitive. Homes sell in 35.5 days.
0
100
72
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 around list price and go pending in around 36 days.
Hot homes
can sell for about 4% above list price and go pending in around 20 days.
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 Downtown San Jose housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown San Jose.
Flood Factor - Moderate
33% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown San Jose has a moderate risk of flooding. 523 properties in Downtown San Jose are likely to be
severely affected
by flooding over the next 30 years. This represents 33% of all properties in Downtown San Jose. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown San Jose has a moderate risk of wildfire. There are 14 properties in Downtown San Jose that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown San Jose.
Downtown San Jose has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown San Jose has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown San Jose has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Downtown San Jose have a Major Heat Factor®.
Downtown San Jose is expected to see a 100% increase in the number of days over 93ºF over the next 30 years. Downtown San Jose is expected to experience 7