Is San Jose, CA 95136 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

San Jose is a seller’s market. With about 2.5 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Heat score27/ 100

#44 of 49 ZIP codes in Santa Clara & San Benito counties, CA, and #425 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply2.5Under 4 months = seller’s market
Sold above original list37.6%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$706▼ −6.1% vs. last year

The San Jose housing market right now

In the three months ending August 31, 2026, 38% of homes in San Jose, CA 95136 sold above their list price, the typical home went under contract in 28 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (25 days then) and the median sale price fell 20% to $1,199,481. 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 90% of the county’s ZIP codes, and sell less often over asking than in 79%. On our competition score, San Jose ranks #271 of 1,069 CA ZIP codes with enough sales (score 74 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.

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 seller’s market: there were 2.5 months of supply in San Jose, CA 95136 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 28 days in the latest three months.

Do homes in San Jose sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 100.5% 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 $1,199,481 in the three months ending August 31, 2026, about $706 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