Downtown San Jose, San Jose, CA—95110
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Downtown San Jose, San Jose, CA
Home Price Trends — Downtown San Jose, San Jose, CA
As of Oct '25, the median home price in Downtown San Jose, San Jose, CA is $832,000, with a year-over-year change of -6.5%. This indicates that home prices in Downtown San Jose, San Jose, CA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $832,000 | -6.5% |
| Single Family | $987,000 | -5.0% |
| Condos | $645,000 | -9.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $571,000 | -9.4% |
2 Bed | $805,000 | -6.5% |
3 Bed | $1,061,000 | -4.2% |
4 Bed | $1,166,000 | -4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown San Jose, San Jose, CA
As of July '25, Rentcast reports the average rent in Downtown San Jose, San Jose, CA is $3,170, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Downtown San Jose, San Jose, CA is studios: $2,480, 1-bedrooms: $2,730, 2-bedrooms: $3,620, 3-bedrooms: $4,200, 4-bedrooms: $4,520. The most common rental property sizes in Downtown San Jose, San Jose, CA are 2-bedroom and 1-bedroom, accounting for 34.7% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,170 |
| Studio Rent | $2,590 | $2,480 |
| 1 Bed Rent | $2,600 | $2,730 |
| 2 Bed Rent | $3,600 | $3,620 |
| 3 Bed Rent | $4,100 | $4,200 |
| 4 Bed Rent | $3,950 | $4,520 |
% of Rental Stock
Property Listings — Downtown San Jose, San Jose, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown San Jose, San Jose, CA is 43. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $708,000 | -9.0% |
Listing Count | 35 | -3.0% |
| Listings as % of Homes | 0.3% | -3.0% |
Days on Market | 43 | 3.0% |
Demographics — Downtown San Jose, San Jose, CA
As of the latest ACS Survey released in 2023, Downtown San Jose, San Jose, CA has a population of 19,400, which has decreased by -3.8% over the past 5 years. Downtown San Jose, San Jose, CA is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,400 | -3.8% |
% Under 18 | 19.9% | -12.3% |
% Seniors | 6.7% | 17.5% |
% WFH | 18.3% | 632.0% |
% w/ College Degree | 39.6% | 12.5% |
As of the latest ACS Survey released in 2023, Downtown San Jose, San Jose, CA is a predominantly hispanic area, with 54.6% of the population identifying as hispanic. The hispanic population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Downtown San Jose, San Jose, CA is white, making up 20.1% of the population. Foreign-born residents account for 32.4% of the population in Downtown San Jose, San Jose, CA, and this percentage has decreased by 7.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 20.1% | 3.1% |
% Black | 4.3% | 16.2% |
% Hispanic | 54.6% | -10.5% |
% Asian | 15.8% | 14.5% |
% Foreign Born | 32.4% | -7.7% |
Mortgage and Risk — Downtown San Jose, San Jose, CA
According to HUD data as of 2023, there were 109 mortgage originations in Downtown San Jose, San Jose, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Downtown San Jose, San Jose, CA. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Downtown San Jose, San Jose, CA
As of 2024, the percent of homes in Downtown San Jose, San Jose, CA under the Section 8 program is 8.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Downtown San Jose, San Jose, CA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 364 |
Total Units Section 8 | 364 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $2,600 | $2,730 |
| 2 Bedroom | -$440 | $3,600 | $3,160 |
| 3 Bedroom | $10 | $4,100 | $4,110 |
| 4 Bedroom | $520 | $3,950 | $4,470 |
Affordability — Downtown San Jose, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $832,000 |
| Median Household Income | $133,000 |