Market Intelligence · CA / San Jose

San Jose, CA 95116 Housing Market

The typical home value in San Jose's 95116 ZIP code is $933,987, down 2.5% over the past year. The median list price sits at $965,000, and homes are spending a median of 37 days on market.

Updated June 2026Median value$934K

The median home value in San Jose, CA 95116 is $934K as of June 2026, down 2.5% 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

$859K to $1.01M

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

-2.5% over 12 months

Typical home value in 95116 over the last 12 months: $958K in Jun 2025 to $934K in Jun 2026 (-2.5%).

Jun 2025$958K

Jun 2026$934K

The numbers

What is the 95116 housing market like?

Typical home value

$934K

Down2.5%YoY

Median list price

$965K

Days on market

37

Up68.2%MoM

Homes for sale

41

Price cuts

21.7%

New listings

22

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 95116 home prices compare?

  • 95116$933,987
  • San Jose$1,356,566
  • California$705,456
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (San Jose: 28 ZIPs; California: 1,543 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 41 homes for sale in 95116, with 22 new listings added. The median list price is $965,000, while the typical home value is $933,987, down 2.5% over the past year. Homes take a median of 37 days to sell, and 21.7% of listings have had a price cut. For sellers, this points to a market where pricing carefully from the start matters more than testing a high number.

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