San Jose, CA metro area Housing Market

Warm Market

Comprehensive housing market data for the San Jose, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$1.40M

5.6% YoY

Days on Market

33 days

17.9% YoY

Active Inventory

1,223

9.4% YoY

Homes Sold

518

17.0% YoY

Warm Market

The market is active with moderate buyer demand.

San Jose, CA metro area Market Summary

The San Jose, CA metro area housing market is heating up. As of January 2026, the median home sale price is $1.40M, down 5.6% year-over-year. Homes are spending a median of 33 days on the market, 17.9% longer than a year ago.

There are 1,223 homes for sale — 9.4% fewer than last year. With 2.4 months of supply, this is a seller's market. 1,215 new listings were added during this period, up 12.4% year-over-year.

Homes are selling for 101.7% of their list price on average, indicating buyers are paying above asking. 47.7% of homes sell above their asking price. 15.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

57

Contributing Factors

Months of Supply 2.4
Days on Market 33
Price Drops 15.9%
Sale-to-List Ratio 101.7%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 231.0%
Days on Market (National: 66) 50.0%
Inventory (National: 1,210,379) 99.9%

vs. California Median

Median Price (California: $780K) 79.5%
Days on Market (California: 60) 45.0%

Investor Takeaway

Prices are 231% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

San Jose, CA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$1.50M

Price per Sq Ft

$857

Sale-to-List Ratio

101.7%

Months of Supply

2.4

Sold Above List

47.7%

Price Drops

15.9%

New Listings

1,215

12.4% YoY

Pending Sales

722

Off Market in 2 Weeks

55.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.