Home Prices and Rents – San Jose, CA 95118
Zillow Home Value Index
$956,700
The median home value in 95118 is $956,700. 95118 home values have gone up 4.9% over the past year and Zillow predicts they will fall -1.8% within the next year. The median list price per square foot in 95118 is $616, which is higher than the San Jose average of $538. The median price of homes currently listed in 95118 is $880,000.
Foreclosures will be a factor impacting home values in the next several years. In 95118 0.6 homes are foreclosed (per 10,000). This is greater than the San Jose value of 0.4 and also lower than the national value of 1.6
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 95118 is 0.0%, which is lower than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 95118 homeowners underwater on their mortgage is 0.0%, which is lower than San Jose at 0.0%.
95118 Market Overview
Data through May 31, 2017
- $956,700 ZHVI
- -1.8% 1-yr forecast (May 31, 2018)
- $880,000 Median listing price
- No data Median sale price
95118 Market Health
Data through May 31, 2017
- 8.8/10 Very healthy
- No data Average days on Zillow
- 0.0% Homes with negative equity (0.1% US Avg) (Mar 31, 2017)
- 0.0% Delinquent on mortgage (0.0% US Avg) (Mar 31, 2017)
Listings & Sales
Data through May 31, 2017
- $616 Median list price / sq ft
- No recent data Median sale price / sq ft
- 11.6% Listings with price cut
95118 Rentals
Data through May 31, 2017
Zillow Rent Index
-
- 4.6 Breakeven horizon (Sep 30, 2016)
- No data Rent list price
- No data Rent list price / sq ft
