San Jose, CA 95134 Real Estate Market Report

ZIP Code: 95134
Report Date: May 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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The primary market-value indicator is the $1,788,000 median sold price, which represents the most recent transaction-driven signal of neighborhood value and should be used ahead of asking prices when setting expectations (representative recent sale).

2. Relative pricing context shows a 1,080 median price per square foot alongside a 3,331 median market rent; combined with a up price year-over-year trend, this suggests ongoing price appreciation that buyers and appraisers should expect to factor into valuation models.

3. Liquidity and market balance appear measured: the market temperature is neutral, and observed conditions—longer selling deliberation coupled with increasing active inventory—may indicate balanced negotiation leverage rather than a pronounced advantage to buyers or sellers (balanced conditions).

4. Interest rate conditions present a moderation factor: interest rate pressure is moderate, which may temper buyer urgency and support slightly slower sales velocity even as rents and prices trend upward (moderate interest rate pressure).

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Notable Properties

The following 4 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.

San Jose, CA 95134 Real Estate Market Report

ZIP Code: 95134
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The primary market indicator is the median sold price of 886,275, which reflects recent transaction levels and should be used as the baseline for valuation and comparables when pricing or underwriting deals. use sold price

2. The relatively long median days on market of 279 signals slower sales velocity; combined with the analyzed sample showing constrained supply, this suggests pricing friction and that sellers may need stronger pricing or concessions to maintain momentum.

3. The market shows a high median price per square foot of 803 alongside a median market rent of 3,000, and with rents trending up, investors should weigh rental income prospects when assessing purchase pricing and breakeven periods.

4. Market conditions are overall neutral with interest rate pressure described as moderate; expect balanced negotiation leverage between buyers and sellers and plan for moderate financing cost sensitivity when structuring offers. moderate

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Notable Properties

The following 7 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.