Is San Jose, CA 95135 a buyer’s or seller’s market?

The San Jose housing market right now

In the three months ending August 31, 2026, 23% of homes in San Jose, CA 95135 sold above their list price, the typical home went under contract in 39 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 45 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (23 days then) and the median sale price fell 23% to $843,135. Overall, San Jose is less competitive than a year ago, which gives buyers more room.

Within Santa Clara County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, San Jose ranks #801 of 1,069 CA ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at San Jose 95134 (0% sold over asking) or San Jose 95113 (0% sold over asking), while San Jose 95129 (72% sold over asking) and Sunnyvale 94087 (64% sold over asking) are even more competitive.