Is now a good time to buy a home in San Jose, CA?
The typical home value in San Jose, CA is $1.38M as of Aug 2026 (Zillow Home Value Index), down 0.5% from a year earlier. Over five years prices have compounded at +3.2% a year and sit 5.2% below their peak. Prices are 12.8% below their 10-year trend line.
San Jose, CA price trend & forecast
Frequently asked questions
Is now a good time to buy a home in San Jose, CA?
As of Aug 2026, our buy-timing signal for San Jose, CA is WAIT — the model projects prices about -3.1% lower around Dec 2026. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 60/100.
Will home prices in San Jose, CA go down in 2027?
The model projects +0.2% over the next 12 months: about $1.38M by Aug 2027, with an 80% range of $1.32M–$1.45M (today $1.38M). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in San Jose, CA?
The typical (mid-tier) home value in San Jose, CA is $1.38M as of Aug 2026, -0.5% year over year.
What is the cheapest time of year to buy in San Jose, CA?
Historically, prices in San Jose, CA run lowest in December, about 2.8% below the annual average, and highest in June.
Other cities in California
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.