What is the typical home value in 95123?

The typical home value in this San Jose ZIP is $1,334,283, down 2.1% from a year ago.

How long do homes stay on the market here?

The median days on market is 37, suggesting a moderate pace of sales activity.

What share of homes have had price reductions?

19.8% of current listings in 95123 have experienced a price cut since being listed.

Market Intelligence · CA / San Jose

San Jose, CA 95123 Housing Market

The typical home value in San Jose's 95123 ZIP is $1,334,283, down 2.1% over the past year. The median list price sits at $1,249,499, with homes spending a median of 37 days on market.

Updated August 2026Median value$1312K

The median home value in San Jose, CA 95123 is $1.31M as of August 2026, down 1.3% 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 95123 range

$1.21M to $1.42M

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

-1.3% over 12 months

Aug 2025$1.33M

Low $1.31MHigh $1.35M

Aug 2026$1.31M

The numbers

What is the 95123 housing market like?

As of August 2026

Typical home value

$1.31M

1.3%YoY

Median list price

$1.25M

0.6%MoM

Days on market

8.8%MoM

Homes for sale

3.5%MoM

Price cuts

19.8%

83.0%MoM

New listings

4.3%MoM

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

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The comparison

How do 95123 home prices compare?

95123$1,312,024
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 83 homes for sale in 95123, with 48 new listings added recently. The median time to sell stands at 37 days, indicating moderate market movement. Nearly one in five listings, or 19.8%, have seen a price cut since listing. The year-over-year decline in typical home value reflects a buyer's market where negotiation leverage has shifted. Sellers should expect a slower pace and more price flexibility than in previous years.

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