Home Prices and Rents – San Jose, CA 95124

Home Prices and Rents – San Jose, CA 95124

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Zillow Home Value Index

$1,141,500

The median home value in 95124 is $1,141,500. 95124 home values have gone up 4.8% over the past year and Zillow predicts they will fall -1.7% within the next year. The median list price per square foot in 95124 is $653. The median price of homes currently listed in 95124 is $993,950.

Foreclosures will be a factor impacting home values in the next several years. In 95124 0.6 homes are foreclosed (per 10,000). This is lower than the Cambrian Park value of 6.1 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 95124 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 95124 homeowners underwater on their mortgage is 0.0%.

Market Overview

Data through May 31, 2017
  • $1,141,500 ZHVI
  • -1.7% 1-yr forecast (May 31, 2018)
  • $993,950 Median listing price
  • No data Median sale price

Market Health

Data through May 31, 2017
  • 6.5/10 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
  • $653 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 6.5% Listings with price cut

 

Rentals

Data through May 31, 2017

Zillow Rent Index

  • $3,607 95124
    $3,692 Cambrian Park
    $1,426 United States
  • 4.7 Breakeven horizon (Sep 30, 2016)
  • No data Rent list price
  • No data Rent list price / sq ft