San Jose housing market for buyers, September 2026

The median San Jose home sold for $1,349,357 in July to September 2026, -5.0% from a year earlier. Homes closed at 101.1% of list on average, and 43% sold above asking.

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By Vinura Abeysundara, Head of Growth at TurboHome. Reviewed by Kevin Kretzmer, CalDRE #01997822. Data through September 30, 2026, refreshed monthly.

Two-story homes and front lawns along tree-lined Emory Street in San Jose's Rose Garden neighborhood
Median sale price
$1,349,357
-5.0% year over year
Sale-to-list ratio
101.1%
43% sold above list
Median days on market
22 days
38% pending in 2 weeks
Months of supply
2.3
Inventory +34.4% year over year

How hard is it to buy in San Jose today?

TurboHome's Buyer Competition Score rolls six Redfin signals into one number for July to September 2026. Higher scores mean more competing offers, faster decisions, and less room to negotiate.

San Jose Buyer Competition Score

54out of 100

Balanced

Buyers have room to compare homes and negotiate on some listings.

California scores 43 for comparison

  • Inventory

    2.3 months vs 3.6 months in California

    How long current listings would last at today's sales pace. Under 3 months leaves buyers few options.

    74/100
  • Price momentum

    -5.0% vs +0.9% in California

    Year-over-year change in the median sale price.

    0/100
  • Sale-to-list

    101.1% vs 100.2% in California

    Average final price as a share of the last list price.

    51/100
  • Bidding over asking

    43% vs 33% in California

    Share of homes that closed above their original list price.

    65/100
  • Days on market

    22 days vs 41 days in California

    Median days from listing to accepted offer.

    76/100
  • Pending in 2 weeks

    38% vs 32% in California

    Share of listings that went under contract within 14 days.

    58/100

San Jose market numbers for July to September 2026

City figures cover a rolling three-month window so small monthly swings do not hide the trend. California comparisons use the latest month.

Median sale price

$1,349,357

-5.0% YoY · $752,837 in California

Half of homes sold for more, half for less.

Price per square foot

$836

$469 in California

Use it to compare condos, flats, and houses of different sizes.

Median new listing price

$1,335,605

Median sale price is $1,349,357

When sale prices run above list prices, sellers are pricing to draw offers.

Homes sold

1,489

-0.6% YoY

Closed sales across San Jose during the period.

Pending sales

1,436

38% pending within 2 weeks

Homes that accepted an offer and are waiting to close.

New listings

1,890

Homes that came to market in the period

Fresh supply buyers can tour and bid on.

Active listings

2,850

Homes for sale at any point in the period

Includes homes that sold quickly during the window.

Inventory

1,140

+34.4% YoY

Homes still for sale at the end of the period.

Months of supply

2.3

3.6 in California

Under 3 months usually favors sellers; over 6 favors buyers.

What a San Jose home costs each month

Start at the $1,349,357 median and today's 7.40% average 30-year fixed rate, then adjust for the homes you plan to tour.

Monthly payment estimator

$1,350,000
20% · $270,000
7.40%

Estimated principal and interest

$7,478/mo

Loan amount $1,080,000. Property tax, homeowners insurance, HOA dues, and mortgage insurance are not included.

Default rate is the Freddie Mac Primary Mortgage Market Survey 30-year average for the week of October 15, 2026. Your rate depends on credit, loan type, and points.

Buyer-agent compensation on this price

2.50%

Typical compensation on $1,350,000

$33,750

A traditional buyer's agent keeps this as their commission. TurboHome charges a flat fee and credits eligible compensation above that fee back to you at closing as a TurboHome rebate. Talk to us for the exact number on your price range.

Talk to an agent

Illustration only. Compensation is negotiable and set in your written buyer agreement. Rebates need lender approval and must be disclosed to your lender and escrow.

How to buy in San Jose this month

Four moves our California agents would make with this month's numbers.

  1. 01

    Price each offer from recent sales

    Homes closed at 101.1% of list on average. Some listings draw overbids and others sit, so compare each home with its own recent comparable sales.

  2. 02

    Get underwritten pre-approval in week one

    38% of listings went pending within 14 days, and the median home sold in 22 days. Review disclosures before offer day so you can write the same week.

  3. 03

    Widen the search to more neighborhoods

    The city had 2.3 months of supply, with inventory up 34.4% from a year earlier. Compare the neighborhood table below to find areas where homes sell closer to list.

  4. 04

    Keep more of the buyer-agent compensation

    At 2.5%, compensation on the $1.35M median home is about $33,734. TurboHome credits eligible compensation above its flat fee back to you at closing.

Compare 299 San Jose neighborhoods

Prices, pace, and overbids vary block by block. Search for the areas on your list, or sort to find neighborhoods where homes sell closer to asking. Figures cover July to September 2026.

Willow Glen$1,824,489+3.4%$1,05424100.3%201
Central San Jose$979,725-14.5%$7032399.9%194
Edenvale$1,209,661-4.6%$69022101.4%159
Evergreen$1,342,874-7.7%$7473099.0%151
Cambrian-Pioneer$1,757,008-3.5%$1,08318102.5%133
Berryessa$1,507,578+1.9%$84723101.6%111
West Valley$2,174,391+1.1%$1,31613105.0%99
Blossom Valley$1,389,611-6.5%$83217100.3%97
Almaden Valley$2,041,678-6.1%$95317100.0%77
Downtown San Jose$924,741-9.8%$6732499.4%72
Winchester$1,519,574+1.5%$8293199.5%47
The Villages$744,791-3.3%$4985096.9%42

* Fewer than 10 sales in the period, so one sale can swing the median. Neighborhood boundaries follow Redfin's definitions.

San Jose housing market questions buyers ask

Is San Jose a buyer's market or a seller's market right now?

San Jose scores 54 out of 100 on TurboHome's Buyer Competition Score for July to September 2026, which rates it balanced for buyers. The city had 2.3 months of supply, and 43% of homes sold above list price. Under 3 months of supply usually favors sellers.

How much does a home cost in San Jose?

The median San Jose home sold for $1,349,357 in July to September 2026, -5.0% from a year earlier. The median price per square foot was $836. That is 1.8 times the California median of $752,837.

How much over asking do homes sell for in San Jose?

San Jose homes closed at 101.1% of list price on average in July to September 2026, and 43% sold above their list price. Many sellers list below expected value to draw multiple offers, so the list price is a starting point. A buyer's agent should pull recent comparable sales for each home before you set an offer.

How fast do homes sell in San Jose?

The median San Jose home went under contract in 22 days in July to September 2026. 38% of listings were pending within two weeks, so buyers should have a pre-approval and a disclosure review plan before touring.

What is the monthly mortgage payment on a median-priced San Jose home?

At the $1,349,357 median price, a 20% down payment, and the 7.40% average 30-year fixed rate, principal and interest come to about $7,474 a month. Property tax, homeowners insurance, HOA dues, and mortgage insurance are extra.

How much is buyer-agent compensation on a San Jose home?

At 2.5%, buyer-agent compensation on the $1,349,357 median home is about $33,734. Compensation is negotiable and is set in your written buyer agreement. TurboHome charges a flat fee and credits eligible compensation above that fee back to you at closing, so talk to us for the number on your price range.

Where does this data come from, and how often is it updated?

City and neighborhood figures come from the Redfin Data Center and cover rolling three-month periods. California figures are monthly. Mortgage rates come from the Freddie Mac Primary Mortgage Market Survey. TurboHome refreshes this page every month after Redfin publishes new data.

Keep exploring

Sources

How we calculate this page

San Jose and neighborhood figures cover rolling three-month periods. California figures are single months. TurboHome pulls new data each month after Redfin publishes it, so the page updates without manual edits. The Buyer Competition Score is the average of six signals, each scaled from 0 to 100:

  • Inventory: 6+ months of supply scores 0; 1 month scores 100.
  • Price momentum: -5% year over year scores 0; +10% scores 100.
  • Sale-to-list: 96% of list scores 0; 106% scores 100.
  • Bidding over asking: 10% sold above list scores 0; 60% scores 100.
  • Days on market: 60 median days scores 0; 10 days scores 100.
  • Pending in 2 weeks: 15% pending within 14 days scores 0; 55% scores 100.

General market information, not an appraisal or financial advice. Ask a licensed agent and lender about a specific home.

Vinura Abeysundara

Written by

Vinura Abeysundara

Head of Growth at TurboHome

Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.

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Kevin Kretzmer

Reviewed by

Kevin Kretzmer

Head Agent, California · CalDRE #01997822

Kevin Kretzmer leads TurboHome's California agent team and reviews California and national buyer guidance for practical brokerage accuracy.

Agent profile

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