Home Prices and Rents – San Jose, CA 95128
Zillow Home Value Index
$913,400
The median home value in 95128 is $913,400. 95128 home values have gone up 2.1% over the past year and Zillow predicts they will fall -1.4% within the next year. The median list price per square foot in 95128 is $672. The median price of homes currently listed in 95128 is $825,000.
Foreclosures will be a factor impacting home values in the next several years. In 95128 1.2 homes are foreclosed (per 10,000). This is lower than the Burbank value of 4.8 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 95128 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 95128 homeowners underwater on their mortgage is 0.0%.
Market Overview
Data through May 31, 2017
- $913,400 ZHVI
- -1.4% 1-yr forecast (May 31, 2018)
- $825,000 Median listing price
- No data Median sale price
Market Health
Data through May 31, 2017
- 7.8/10 Very healthy
Listings & Sales
Data through May 31, 2017
- $672 Median list price / sq ft
- No recent data Median sale price / sq ft
- 4.1% Listings with price cut
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
