Is San Jose, CA 95139 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 1.6 months of supply and 50% 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.

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

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$740▲ +17.7% vs. last year

The San Jose housing market right now

In the three months ending August 31, 2026, 50% of homes in San Jose, CA 95139 sold above their list price, the typical home went under contract in 27 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold more slowly (18 days then) and the median sale price rose 41% to $1,349,416. 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 85% of the county’s ZIP codes, and sell more often over asking than in 54%.

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 1.6 months of supply in San Jose, CA 95139 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 27 days in the latest three months.

Do homes in San Jose sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.3% 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 $1,349,416 in the three months ending August 31, 2026, about $740 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