South San Jose, San Jose, CA—95111
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South San Jose, San Jose, CA
As of Oct '25, the median home price in South San Jose, San Jose, CA is $1,041,000, with a year-over-year change of -2.5%. This indicates that home prices in South San Jose, San Jose, CA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,041,000 | -2.5% |
| Single Family | $1,076,000 | -2.3% |
| Condos | $583,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $479,000 | -6.1% |
2 Bed | $595,000 | -6.7% |
3 Bed | $1,008,000 | -2.6% |
4 Bed | $1,159,000 | -1.6% |
| 5 Bed | $1,221,000 | -2.1% |
% of Housing Stock
Rental Trends — South San Jose, San Jose, CA
As of July '25, Rentcast reports the average rent in South San Jose, San Jose, CA is $3,230, with a year-over-year rent change of 11.0%. Per bedroom, the median rent as of July '25 in South San Jose, San Jose, CA is studios: $1,980, 1-bedrooms: $1,780, 2-bedrooms: $2,880, 3-bedrooms: $3,820, 4-bedrooms: $4,670. The most common rental property sizes in South San Jose, San Jose, CA are 2-bedroom and 3-bedroom, accounting for 31.8% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,230 |
| Studio Rent | $1,840 | $1,980 |
| 1 Bed Rent | $1,940 | $1,780 |
| 2 Bed Rent | $2,780 | $2,880 |
| 3 Bed Rent | $3,900 | $3,820 |
| 4 Bed Rent | $4,340 | $4,670 |
% of Rental Stock
Property Listings — South San Jose, San Jose, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in South San Jose, San Jose, CA is 31. This is a increase of 22.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $998,000 | -2.0% |
Listing Count | 45 | 10.0% |
| Listings as % of Homes | 0.1% | 10.0% |
Days on Market | 31 | 22.0% |
Demographics — South San Jose, San Jose, CA
As of the latest ACS Survey released in 2023, South San Jose, San Jose, CA has a population of 58,900, which has decreased by -5.6% over the past 5 years. South San Jose, San Jose, CA is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,900 | -5.6% |
% Under 18 | 24.0% | -7.7% |
% Seniors | 13.0% | 23.8% |
% WFH | 8.5% | 157.6% |
% w/ College Degree | 20.2% | 1.5% |
As of the latest ACS Survey released in 2023, South San Jose, San Jose, CA is a predominantly hispanic area, with 51.3% of the population identifying as hispanic. The hispanic population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in South San Jose, San Jose, CA is asian, making up 36.4% of the population. Foreign-born residents account for 45.0% of the population in South San Jose, San Jose, CA, and this percentage has decreased by 2.0% 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 | 7.2% | -20.0% |
% Black | 2.4% | 0.0% |
% Hispanic | 51.3% | 1.4% |
% Asian | 36.4% | 2.5% |
% Foreign Born | 45.0% | -2.0% |
Mortgage and Risk — South San Jose, San Jose, CA
According to HUD data as of 2023, there were 143 mortgage originations in South San Jose, San Jose, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in South San Jose, San Jose, CA. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — South San Jose, San Jose, CA
As of 2024, the percent of homes in South San Jose, San Jose, CA under the Section 8 program is 29.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in South San Jose, San Jose, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,828 |
Total Units Section 8 | 1,814 |
% Rentals under Section 8 | 29.7% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,940 | $2,430 |
| 2 Bedroom | $40 | $2,780 | $2,820 |
| 3 Bedroom | -$290 | $3,900 | $3,610 |
| 4 Bedroom | -$350 | $4,340 | $3,990 |
Affordability — South San Jose, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.6 |
| Median Home Price | $1,041,000 |
| Median Household Income | $97,200 |