Home Prices and Rents – San Jose, CA 95132

Home Prices and Rents – San Jose, CA 95132


ZILLOW HOME VALUE INDEX

$1,011,700

The median home value in 95132 is $1,011,700. 95132 home values have gone up 11.5% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in 95132 is $612, which is higher than the San Jose average of $553. The median price of homes currently listed in 95132 is $964,500 while the median price of homes that sold is $942,369.

Foreclosures will be a factor impacting home values in the next several years. In 95132 0.9 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 95132 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 95132 homeowners underwater on their mortgage is 0.0%, which is lower than San Jose at 0.0%.

 

95132 Market Overview

Data through Sep 30, 2017
  • $1,011,700 ZHVI
  • 3.6% 1-yr forecast (Sep 30, 2018)
  • $964,500 Median listing price
  • $942,369 Median sale price (Sep 1, 2017)

 

95132 Market Health

Data through Sep 30, 2017
  • 9.9/10 Very healthy
  • 2.4% Homes with negative equity (10.4% US Avg)(Mar 31, 2017)
  • 0.3% Delinquent on mortgage (1.6% US Avg) (Mar 31, 2017)

 

Listings & Sales

Data through Sep 30, 2017
  • $612 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 3.8% Listings with price cut

 

95132 Rentals

Data through Sep 30, 2017
ZILLOW RENT INDEX
  • $3,352 – 95132
    $3,372 – San Jose
    $1,435 – United States
  • 4.5 Breakeven horizon (Sep 30, 2016)
  • No data Rent list price
  • No data Rent list price / sq ft