Home Prices and Rents – San Jose, CA 95125
Zillow Home Value Index
$1,157,500
The median home value in 95125 is $1,157,500. 95125 home values have gone up 4.1% over the past year and Zillow predicts they will fall -1.8% within the next year. The median list price per square foot in 95125 is $657, which is higher than the San Jose average of $538. The median price of homes currently listed in 95125 is $1,199,000. The median rent price in 95125 is $3,500, which is higher than the San Jose median of $3,300.
Foreclosures will be a factor impacting home values in the next several years. In 95125 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 95125 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 95125 homeowners underwater on their mortgage is 0.0%, which is lower than San Jose at 0.0%.
Market Overview
Data through May 31, 2017
- $1,157,500 ZHVI
- -1.8% 1-yr forecast (May 31, 2018)
- $1,199,000 Median listing price
- No data Median sale price
Market Health
Data through May 31, 2017
- 8.3/10 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
- $657 Median list price / sq ft
- No recent data Median sale price / sq ft
- 10.3% Listings with price cut
Rentals
Data through May 31, 2017
Zillow Rent Index
-
- 5.1 Breakeven horizon (Sep 30, 2016)
- $3,500 Rent list price
- $2.27 Rent list price / sq ft
