Home Values

95121 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

$662,200

  • 12.9% 1-year change
  • 5.6% 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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool
Buyers' Market
Sellers' Market

The median home value in 95121 is $662,200. 95121 home values have gone up 12.9% over the past year and Zillow predicts they will rise 5.6% within the next year. The median rent price in 95121 is $3,150, which is higher than the San Jose median of $2,830.

Foreclosures will be a factor impacting home values in the next several years. In 95121 0.7 homes are foreclosed (per 10,000). This is lower than the San Jose value of 0.8 and also lower than the national value of 3.8

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 95121 homeowners underwater on their mortgage is 6.1%, which is higher than San Jose at 4.3%.

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Relative ZHVI
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95121 Market Overview

Data through Jun 30, 2015
  • $662,200 ZHVI
  • 5.6% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $579,525 Median sale price
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95121 Market Health

Data through Jun 30, 2015
  • 8.1/10 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
  • 6.1% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1(May 31, 2015) 95121
1 San Jose
4 United States
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Nearby Zip Codes

Name Median ZHVI
95125 $917,500
95148 $685,200
95119 $680,400
Name Median ZHVI
95136 $666,600
95123 $644,500
95127 $503,300
Name Median ZHVI
95111 $486,500
95122 $455,600
95116 $448,800

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $416 Median sale price / sq ft
  • No data Listings with price cut
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95121 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,955 95121
    $3,182 San Jose
    $1,369 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $3,150 Rent list price
  • $1.74 Rent list price / sq ft
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