San Jose, CA 95134 Real Estate Market Report

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.

Market Metrics

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

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

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The median sold price is 1,865,000, which serves as the primary indicator of market value and shows the local market is stabilizing with the price year‑over‑year trend reported as flat.
2. The median price per square foot is 1,107 and the market shows solid rental fundamentals with a median market rent of 3,419; rental momentum is up, suggesting continued demand pressure on the leasing side even as sales stabilize.
3. Market liquidity appears moderate with slower transaction velocity relative to the recent tech‑driven demand surge; interest rate pressure is assessed as moderate, which may be contributing to buyer caution and increased negotiation leverage for purchasers (moderate).
4. Financing conditions are slightly tighter locally: Current 30‑year fixed mortgage rates for properties in San Jose 95134 are 6.5% compared to 6.0% for typical loans originated in early 2026, a spread that may modestly dampen purchasing power and extend time to contract for some buyers.

Notable Properties

The following 6 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.