Market Intelligence · CA / San Jose

San Jose, CA 95131 Housing Market

The typical home value in San Jose's 95131 ZIP is $1,315,860, down 3.1% over the past year. The median list price stands at $1,194,000, with homes spending a median of 32 days on market.

Updated August 2026Median value$1282K

The median home value in San Jose, CA 95131 is $1.28M as of August 2026, down 2.7% 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 95131 range

$1.18M to $1.38M

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

-2.7% over 12 months

Typical home value in 95131 over the last 12 months: $1.32M in Aug 2025 to $1.28M in Aug 2026 (-2.7%).

Aug 2025$1.32M

Aug 2026$1.28M

The numbers

What is the 95131 housing market like?

Typical home value

$1.28M

Down2.7%YoY

Median list price

$1.19M

Up0.9%MoM

Days on market

32

Down22.0%MoM

Homes for sale

26

Down7.1%MoM

Price cuts

8.3%

Down34.5%MoM

New listings

12

Down40.0%MoM

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

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The comparison

How do 95131 home prices compare?

  • 95131$1,281,717
  • 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

The 95131 market shows modest activity with 26 homes for sale and 12 new listings as of August 2026. The median of 32 days on market suggests a moderate pace of sales. Only 8.3% of listings have taken a price cut, indicating that sellers are generally holding firm on asking prices despite the year-over-year value decline. For sellers, the data points to a market where pricing discipline matters, though the underlying trend of falling values means timing and condition are increasingly important factors.

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