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SAN JOSE, CA 95116

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 95116

Alexander · Alexian · Alum Rock Avenue · Arbuckle · Beverly (Wilshire) · Bonita (24th) · Brookwood South · Brookwood Terrace · Capitol (Goss) · Checkers · Cinderella · Dobern · East Dobern · East Santa Clara Street · East West Courts (West Courts) · Five Wounds · Foss · Jose Figueres (Rancho Verde) · Little Portugal North · Little Portugal South · Lombard · Luz · Mayfair · Mayfair North · Mayfair West · McKinley · Olinder · Poco Way · Roosevelt Park · Sierra · Story Road · Suenos · Wooster (Roosevelt)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SAN JOSE, CA real estate market (95116) currently shows 39 active listings, with 11 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 22 days on market compared to 37 days last year.

The median listing price has risen 20.3% year-over-year, from $737,000 to $886,500.

Whether you are buying or selling in SAN JOSE, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 50,436  ·  Density: 5,464.4/mi²  ·  Median household income: $81,216

Typical home value: $810,233  ·  Homeownership: 39.6%

Market Overview

Active Listings
39
⇧ 25.8% vs 31 last year
Pending
11
28% pending ratio
Median Price
$886,500
⇧ 20.3% vs $737,000 last year
Average Price
$875,987
⇧ 7.1% vs $818,191 last year
Days on Market
22
⇩ 40.5% vs 37 days last year

Price Per Square Foot

Median $/sqft
$656
⇩ 11.1% vs $738/sqft last year
Median Home Size
1,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 31 last year
  • Days on market: 22 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $886,500 (+20.3% YoY)
  • Average: $875,987 (+7.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.5 miles — 475 listings ($554,711,554 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
95116San Jose, CA 951160.0 mi31$26,200,797$871,250$845,187
95112San Jose, CA 951121.7 mi58$50,479,372$792,500$870,334
95113San Jose, CA 951132.4 mi5$4,488,470$872,444$897,694
95131San Jose, CA 951313.6 mi41$45,155,104$994,500$1,101,344
95121San Jose, CA 951213.9 mi18$24,007,626$1,352,472$1,333,757
95148San Jose, CA 951484.1 mi27$48,087,324$1,624,444$1,781,012
95111San Jose, CA 951114.8 mi50$46,617,150$941,750$932,343
95136San Jose, CA 951365.4 mi63$76,351,716$1,174,750$1,211,932
95132San Jose, CA 951325.9 mi25$38,652,875$1,556,722$1,546,115
95117San Jose, CA 951176.6 mi28$48,779,164$1,649,520$1,742,113
95118San Jose, CA 951186.8 mi27$38,127,510$1,596,947$1,412,130
95123San Jose, CA 951237.4 mi96$100,724,064$796,500$1,049,209
95134San Jose, CA 951347.5 mi6$7,040,382$1,209,466$1,173,397

Frequently Asked Questions

How many homes are for sale in SAN JOSE, CA 95116?

As of March 2026, there are 39 active listings in SAN JOSE, CA (zip code 95116), compared to 31 the prior year.

What is the median home price in SAN JOSE, CA 95116?

The median listing price in SAN JOSE, CA 95116 is $886,500 as of March 2026, a 20.3% increase from $737,000 the prior year.

How long do homes stay on the market in SAN JOSE, CA?

Homes in SAN JOSE, CA 95116 spend an average of 22 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in SAN JOSE, CA 95116?

Based on current inventory and days-on-market data as of March 2026, SAN JOSE, CA 95116 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 37 days last year.

How much can I save on real estate commission in SAN JOSE, CA?

With SELL123.com's maximum 3% commission, sellers in SAN JOSE, CA 95116 save an estimated $17,730 compared to a typical 5% commission on the median listing price of $886,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.