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Almaden Lake Anderson West Banana Grove Blossom Hill Homes Blossom River Cahalan Calero Canoas East Canoas West Colony Green Comanche Deer Run Del Robles Erikson Foxchase (Sanchez) Glider Hidden Glen Hillview Glen Homes at Almaden Lake La Colina Makati Mc Kuen Miner Oak Grove Oak Ridge Playa Del Rey Sakamoto Shadowcrest Shawnee Trade Winds Walnut Blossom West Santa Teresa Foothills

SAN JOSE, CA 95123

Real Estate Market Report  ·  Santa Clara County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 95123

Almaden Lake · Anderson West · Banana Grove · Blossom Hill Homes · Blossom River · Cahalan · Calero · Canoas East · Canoas West · Colony Green · Comanche · Deer Run · Del Robles · Erikson · Foxchase (Sanchez) · Glider · Hidden Glen · Hillview Glen · Homes at Almaden Lake · La Colina · Makati · Mc Kuen · Miner · Oak Grove · Oak Ridge · Playa Del Rey · Sakamoto · Shadowcrest · Shawnee · Trade Winds · Walnut Blossom · West Santa Teresa Foothills

Market Analysis

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

The SAN JOSE, CA real estate market (95123) currently shows 113 active listings, with 46 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 16 days last year.

The median listing price has fallen 30.2% year-over-year, from $1,199,344 to $836,722.

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: 70,952  ·  Density: 3,502.3/mi²  ·  Median household income: $138,557

Typical home value: $1,070,050  ·  Homeownership: 60.3%

Market Overview

Active Listings
113
⇧ 27% vs 89 last year
Pending
46
41% pending ratio
Median Price
$836,722
⇩ 30.2% vs $1,199,344 last year
Average Price
$1,040,503
⇩ 7.8% vs $1,128,617 last year
Days on Market
28
⇧ 75% vs 16 days last year

Price Per Square Foot

Median $/sqft
$699
⇩ 9% vs $768/sqft last year
Median Home Size
1,260 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 113 this year vs 89 last year
  • Days on market: 28 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $836,722 (-30.2% YoY)
  • Average: $1,040,503 (-7.8% 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 8.9 miles — 513 listings ($773,819,290 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
95123San Jose, CA 951230.0 mi96$100,724,064$796,500$1,049,209
95119San Jose, CA 951192.6 mi13$19,198,322$1,490,500$1,476,794
95118San Jose, CA 951183.2 mi27$38,127,510$1,596,947$1,412,130
95120San Jose, CA 951204.2 mi39$92,084,343$2,193,944$2,361,137
95125San Jose, CA 951254.9 mi85$169,870,630$1,589,000$1,998,478
95138San Jose, CA 951385.5 mi17$31,678,106$1,413,166$1,863,418
95122San Jose, CA 951225.8 mi29$23,070,544$701,000$795,536
95113San Jose, CA 951136.9 mi5$4,488,470$872,444$897,694
95126San Jose, CA 951267.3 mi46$54,615,018$929,000$1,187,283
95112San Jose, CA 951127.4 mi58$50,479,372$792,500$870,334
95110San Jose, CA 951108.2 mi29$22,087,647$765,000$761,643
95030Los Gatos, CA 950308.4 mi29$124,999,744$3,249,500$4,310,336
95133San Jose, CA 951338.9 mi40$42,395,520$999,221$1,059,888

Frequently Asked Questions

How many homes are for sale in SAN JOSE, CA 95123?

As of March 2026, there are 113 active listings in SAN JOSE, CA (zip code 95123), compared to 89 the prior year.

What is the median home price in SAN JOSE, CA 95123?

The median listing price in SAN JOSE, CA 95123 is $836,722 as of March 2026, a 30.2% decrease from $1,199,344 the prior year.

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

Homes in SAN JOSE, CA 95123 spend an average of 28 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in SAN JOSE, CA 95123?

Based on current inventory and days-on-market data as of March 2026, SAN JOSE, CA 95123 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 16 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 95123 save an estimated $16,734 compared to a typical 5% commission on the median listing price of $836,722. 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.