Market Intelligence · CA / San Jose

San Jose, CA 95117 Housing Market

The typical home value in San Jose 95117 is $1,661,978, up 1.2% over the past year. Homes are selling relatively quickly, with a median of 30 days on market, and the median list price stands at $1,188,000.

Updated September 2026Median value$1662K

The median home value in San Jose, CA 95117 is $1.66M as of September 2026, up 1.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 95117 range

$1.53M to $1.79M

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

+1.2% over 12 months

Sep 2025$1.64M

Low $1.64MHigh $1.71M

Sep 2026$1.66M

The numbers

What is the 95117 housing market like?

As of September 2026

Typical home value

$1.66M

1.2%YoY

Median list price

$1.19M

1.2%MoM

Days on market

48.3%MoM

Homes for sale

29.4%MoM

Price cuts

22.4%

6.5%MoM

New listings

66.7%MoM

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

The outlook

95117 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 95117 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 95117 rose 1.2%, per the Zillow Home Value Index.

Will home prices drop in 95117?

Zillow's forecast does not call for a drop: it expects typical home values in 95117 to rise 1.4% by September 2027, after a 1.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 95117 home prices compare?

95117$1,661,978
San Jose$1,300,963
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (San Jose: 28 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 22 homes for sale in 95117, with 20 new listings added recently. The median days on market of 30 suggests steady buyer interest. However, 22.4% of listings have received a price cut, which indicates some sellers are adjusting expectations to match current conditions. Despite the year-over-year appreciation of 1.2%, this market shows enough caution to warrant a realistic pricing strategy if you're considering a sale.

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Home price

Down payment20% · $332,396

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Common questions

What people ask us.

What is the typical home value in 95117?

The typical home value is $1,661,978, up 1.2% over the past year as of September 2026.

How fast are homes selling in this ZIP?

Homes are selling with a median of 30 days on market as of September 2026.

What share of homes are being discounted?

As of September 2026, 22.4% of listings have received a price cut.

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