About 95118
Dubbed The Capital of Silicon Valley, over the past 30 years the growth of technology and electronics has put the city of San Jose in the eye of the world. This South Bay city has become the third largest, by population, in California, tenth largest in the United States and is year-in and year-out ranked among the top ten safest and most livable big cities in America. San Jose homes and their owners enjoy the great year around Mediterranean weather and the city provides expansive open space, beautiful public parks, trails, amusement parks and much more. Neighbored by numerous bay area cities and communities, including Campbell, Los Gatos and Saratoga, San Jose is conveniently located just a day-trip away from popular destinations such as Monterey Bay, Napa Valley, Lake Tahoe and Yosemite National Park. It is no wonder this city went from a small cannery town in the early 1900’s to the metropolis it is today. San Jose real estate also can be found by searching San Jose’s 95111, 95123, or 95127 zip codes, and Find an Agent to further assist you in your search for San Jose homes.
REAL ESTATE MARKET STATISTICS
Location: 95118
Geography Type: Zip
Data Period: Mar 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
═══════════════════════════════════════════════════════
SINGLE FAMILY HOMES
═══════════════════════════════════════════════════════
Median Sale Price: $1,780,000 (1.1% YoY)
Average Sale Price: $1,760,012
Active Listings: 22
New Listings: 37
Pending Sales: 15
Closed Sales: 23
Median Days on Market: 8 days
Average Days on Market: 13 days
Median Price/SqFt: $1,208
Average Price/SqFt: $1,160
Sale-to-List Ratio: 105%
Months of Inventory: 1.8
Total Sale Volume: $40,480,276
═══════════════════════════════════════════════════════
CONDOS & TOWNHOMES (ATTACHED HOMES)
═══════════════════════════════════════════════════════
Median Sale Price: $447,500
Average Sale Price: $447,500
Active Listings: 14
New Listings: 10
Pending Sales: 1
Closed Sales: 2
Median Days on Market: 136 days
Average Days on Market: 136 days
Median Price/SqFt: $573
Average Price/SqFt: $573
Sale-to-List Ratio: 96%
Months of Inventory: 5.6
Total Sale Volume: $895,000
═══════════════════════════════════════════════════════
MARKET INTERPRETATION
═══════════════════════════════════════════════════════
• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• COMPETITIVE BIDDING: Homes selling at 5% over asking price on average.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
May 2024 – Mar 2026
Single-family homes in 95118 have a median sale price of $1,780,000, up 4.7% over the past 3 months. There are 22 active listings, and 23 homes sold last month, with a median of 8 days on market. Condos and townhomes average $447,500, with 14 currently available. The price per square foot is $1,208 for single-family homes versus $573 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes