Home ValuePros

Market Intelligence · CA / San Jose

San Jose, CA 95116 Housing Market

Homes in San Jose's 95116 ZIP code have a typical value of $923,392, down 1.9% over the past year. The median list price stands at $879,990, with homes spending a median of 52 days on market.

Updated August 2026Median value$901K

The median home value in San Jose, CA 95116 is $901K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 95116 range

$829K to $974K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.4% over 12 months

Typical home value in 95116 over the last 12 months: $915K in Aug 2025 to $901K in Aug 2026 (-1.4%).

Aug 2025$915K

Aug 2026$901K

The numbers

What is the 95116 housing market like?

Typical home value

$901K

Down1.4%YoY

Median list price

$880K

Up0.6%MoM

Days on market

52

Up30.0%MoM

Homes for sale

37

Down7.5%MoM

Price cuts

26.2%

Up13.0%MoM

New listings

12

Down25.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 95116 home prices compare?

  • 95116$901,397
  • San Jose$1,310,820
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (San Jose: 28 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are currently 37 homes for sale in this area, with 12 new listings as of early August. The median time to sell remains moderate at 52 days. Nearly a quarter of active listings, 26.2%, have seen price reductions. For sellers, the combination of slower days on market and widespread price cuts suggests caution. This is a buyer-leaning environment where pricing strategy and condition matter significantly.

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