San Jose, CA 95134 Real Estate Market Report

ZIP Code: 95134
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the median sold price in San Jose, CA (ZIP: 95134) stands at $1,819,400, reflecting a market that has experienced a shift towards a more balanced dynamic between buyers and sellers. The market has seen a 357 days median days on market, indicating a slower sales velocity and suggesting that properties are taking longer to sell. This trend may indicate a need for sellers to adjust their expectations in line with current market realities, particularly given the down price year-over-year trend.

Despite the declining sales prices, rental demand remains strong, with the median market rent reaching $5,340. This increase in rental prices may attract investors looking for rental opportunities, even as the sales market shows signs of cooling. The overall market temperature is currently assessed as neutral, with moderate interest rate pressure providing some support to buyer purchasing power, which could help stabilize the market moving forward.

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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 median sold price of $1,819,400 indicates a market experiencing declining prices, suggesting potential pricing friction for sellers.

2. With a median days on market of 357, properties are experiencing slower sales velocity, which may require adjustments in pricing strategies.

3. The median market rent of $5,340 shows an upward trend, highlighting strong rental demand despite the sales market cooling.

4. The market temperature is currently neutral, indicating a balanced dynamic between buyers and sellers, with no clear advantage to either side.

5. Moderate interest rate pressure may provide some support to buyer purchasing power, potentially stabilizing the market in the near term.

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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.