Home Prices and Rents – San Jose, CA 95127
Zillow Home Value Index
$662,200
The median home value in 95127 is $662,200. 95127 home values have gone up 5.7% over the past year and Zillow predicts they will fall -1.5% within the next year. The median list price per square foot in 95127 is $468, which is lower than the San Jose average of $538. The median price of homes currently listed in 95127 is $699,000.
Foreclosures will be a factor impacting home values in the next several years. In 95127 0.8 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 95127 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 95127 homeowners underwater on their mortgage is 0.0%, which is higher than San Jose at 0.0%.
Market Overview
Data through May 31, 2017
- $662,200 ZHVI
- -1.5% 1-yr forecast (May 31, 2018)
- $699,000 Median listing price
- No data Median sale price
Market Health
Data through May 31, 2017
- 7.2/10 Healthy
Listings & Sales
Data through May 31, 2017
- $468 Median list price / sq ft
- No recent data Median sale price / sq ft
- 15.7% Listings with price cut
Rentals
Data through May 31, 2017
Zillow Rent Index
-
- 3.5 Breakeven horizon (Sep 30, 2016)
- No data Rent list price
- No data Rent list price / sq ft
