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Market Snapshot

Median listing price
$1.09M

The median listing price in San Jose, CA ZIP 95111 is $1,087,475 as of July 2026.

Median rent
$2,800/mo

The median market rent in San Jose, CA ZIP 95111 is $2,800/month as of July 2026.

Days on market
275 days

The median days on market in San Jose, CA ZIP 95111 is 275 days as of July 2026. The market is currently neutral.

Gross rental yield
3.09%

At a median list price of $1,087,475 and a median rent of $2,800/month, the gross rental yield in San Jose, CA ZIP 95111 is 3.09% as of July 2026.

San Jose, CA 95111 Real Estate Market Report

ZIP Code: 95111

Report Date: July 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
112
Active Listings
37
Sold Properties
75

Market Metrics

Median Listing Price
$1,087,475
Median Sold Price
$1,106,000
Median Price per Sqft
$736/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,800

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.87%

Liquidity & Velocity

Median Days on Market
275
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in San Jose 95111 are 6.49% compared to the 5.99% average seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator, the median sold price, is 1,106,000, which reflects recent transaction-level value and should be used as the principal guide for pricing and underwriting decisions; the market temperature is neutral, suggesting balance rather than a one-sided market.
  2. The median days on market is 275, indicating slower sales velocity that may require sellers to allow more time for offers and buyers to expect extended negotiation windows; this pace, combined with the snapshot's characterization of relatively constrained active supply, suggests pricing friction rather than rapid turnover.
  3. The median listing price is 1,087,475, roughly in the same range as recent sold values, which appears to signal seller expectations that are largely aligned with transaction outcomes rather than significant markup; monitor listing-to-sale alignment for signs of widening or compression.
  4. Rental fundamentals remain supportive: the median market rent is 2,800 and the rent year-over-year trend is up, while interest rate pressure is moderate and Current 30-year fixed mortgage rates for properties in San Jose 95111 are 6.49% compared to the 5.99% average seen in early 2026, which may sustain demand from cash renters and keep some buyers sidelined — prioritize tenants or buyers with rate resilience in underwriting.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

157 Knightshaven Way, San Jose, CA 95111
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths2,330 sqft
$1,715,000
Jun 1, 2026
$736/sqft/sqft
77 days on market
156 Knightshaven Way, San Jose, CA 95111
Market Benchmark

Sold at market average

4 beds2.5 baths2,330 sqft
$1,700,000
Jun 1, 2026
$730/sqft/sqft
173 days on market
464 Archglen Way, San Jose, CA 95111
Market Benchmark

Sold at market average

4 beds3 baths2,099 sqft
$1,675,000
Jun 1, 2026
$798/sqft/sqft
269 days on market
420 Via Primavera Dr, San Jose, CA 95111
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,678 sqft
$1,110,000
Jun 1, 2026
$662/sqft/sqft
251 days on market
685 Jennings Dr, San Jose, CA 95111
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,110 sqft
$1,100,000
Jun 1, 2026
$991/sqft/sqft
839 Leyte Ct, San Jose, CA 95111
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,031 sqft
$1,100,000
Jun 1, 2026
$1,067/sqft/sqft
307 days on market
4305 Palisade Dr, San Jose, CA 95111
Value

Sold below market average

5 beds3 baths2,308 sqft
$777,500
Jun 1, 2026
$337/sqft/sqft
2952 days on market
5301 Pebbletree Way, San Jose, CA 95111
Value

Sold below market average

4 beds2 baths1,457 sqft
$753,000
May 1, 2026
$517/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$3,911/mo
95111 Avg Rent
95111 Cost to Own
Rent$2,800
Own$6,711

20% down, 6.49% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

95111 Avg nightly rate
95111 Avg occupancy (days/year)
Nightly rate$334/night
Occupancy248 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/15/2026

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