Is San Jose, CA 95134 a buyer’s or seller’s market?
San Jose is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The San Jose housing market right now
In the three months ending August 31, 2026, 0% of homes in San Jose, CA 95134 sold above their list price, the typical home went under contract in 131 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (16 days then) and the median sale price fell 29% to $980,076. Overall, San Jose is less competitive than a year ago, which gives buyers more room.
Within Santa Clara County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, San Jose 95129 (72% sold over asking) and Sunnyvale 94087 (64% sold over asking) are even more competitive.
Run the numbers for 95134
Nearby markets
Campbell 95008Seller’s market $1,000 /sq ftCupertino 95014Seller’s market $1,501 /sq ftGilroy 95020Seller’s market $531 /sq ftLos Altos 94022Seller’s market $1,793 /sq ft Browse all markets →Where San Jose is
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Questions about San Jose real estate
Is San Jose a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in San Jose, CA 95134 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in San Jose?
The typical home went under contract in 131 days in the latest three months.
Do homes in San Jose sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in San Jose?
About 1.20% of a home’s value a year in Santa Clara County, or roughly $4,800 on a $400,000 home.
What is the median home price in San Jose?
The median sale price was $980,076 in the three months ending August 31, 2026, about $861 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology