Downtown San Jose Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$634,200

  • 10.4% 1-year change
  • 3.4% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold
Buyers' Market
Sellers' Market

The median home value in Downtown San Jose is $634,200. Downtown San Jose home values have gone up 10.4% over the past year and Zillow predicts they will rise 3.4% within the next year. The median rent price in Downtown San Jose is $2,875, which is lower than the San Jose median of $3,100.

Foreclosures will be a factor impacting home values in the next several years. In Downtown San Jose 0.8 homes are foreclosed (per 10,000). This is the same as the San Jose value of 0.8 and also lower than the national value of 3.6

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Relative ZHVI
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Downtown San Jose Market Overview

Data through Jul 31, 2015
  • $634,200 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $647,250 Median sale price
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Downtown San Jose Market Health

Data through Jul 31, 2015
  • 8.0/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1 Downtown San Jose
1 San Jose
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Willow Glen $861,800
Cambrian Park $815,900
Rose Garden $744,100
Name Median ZHVI
Berryessa $704,100
North Valley $595,800
North San Jose $586,200
Name Median ZHVI
Alum Rock-East Foothills $515,900
East San Jose $482,600
Fairgrounds $469,500

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $472 Median sale price / sq ft
  • No data Listings with price cut
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Downtown San Jose Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,961 Downtown San Jose
    $3,213 San Jose
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $2,875 Rent list price
  • $2.46 Rent list price / sq ft
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