Evergreen, San Jose, CA—95121
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Evergreen, San Jose, CA
As of Oct '25, the median home price in Evergreen, San Jose, CA is $1,216,000, with a year-over-year change of -2.9%. This indicates that home prices in Evergreen, 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 | $1,216,000 | -3.0% |
| Single Family | $1,247,000 | -3.2% |
| Condos | $655,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $666,000 | -5.4% |
3 Bed | $1,135,000 | -3.2% |
4 Bed | $1,301,000 | -3.3% |
| 5 Bed | $1,667,000 | -2.1% |
% of Housing Stock
Rental Trends — Evergreen, San Jose, CA
As of July '25, Rentcast reports the average rent in Evergreen, San Jose, CA is $3,390, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Evergreen, San Jose, CA is 1-bedrooms: $2,230, 2-bedrooms: $3,000, 3-bedrooms: $3,950, 4-bedrooms: $4,670. The most common rental property sizes in Evergreen, San Jose, CA are 4-bedroom and 3-bedroom, accounting for 30.2% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,350 | $3,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,250 | $2,230 |
| 2 Bed Rent | $2,900 | $3,000 |
| 3 Bed Rent | $4,000 | $3,950 |
| 4 Bed Rent | $4,500 | $4,670 |
% of Rental Stock
Property Listings — Evergreen, San Jose, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Evergreen, San Jose, CA is 20. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,280,000 | 8.0% |
Listing Count | 30 | 8.0% |
| Listings as % of Homes | 0.2% | 8.0% |
Days on Market | 20 | 1.0% |
Demographics — Evergreen, San Jose, CA
As of the latest ACS Survey released in 2023, Evergreen, San Jose, CA has a population of 35,700, which has decreased by -6.2% over the past 5 years. Evergreen, San Jose, CA is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,700 | -6.2% |
% Under 18 | 18.0% | -15.5% |
% Seniors | 18.6% | 26.5% |
% WFH | 15.0% | 400.0% |
% w/ College Degree | 34.0% | 8.3% |
As of the latest ACS Survey released in 2023, Evergreen, San Jose, CA is a predominantly asian area, with 62.0% of the population identifying as asian. The asian population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Evergreen, San Jose, CA is hispanic, making up 24.2% of the population. Foreign-born residents account for 50.7% of the population in Evergreen, San Jose, CA, and this percentage has increased by 7.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 8.3% | -9.8% |
% Black | 2.7% | -18.2% |
% Hispanic | 24.2% | -13.9% |
% Asian | 62.0% | 9.3% |
% Foreign Born | 50.7% | 7.2% |
Mortgage and Risk — Evergreen, San Jose, CA
According to HUD data as of 2023, there were 109 mortgage originations in Evergreen, San Jose, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Evergreen, San Jose, CA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Evergreen, San Jose, CA
As of 2024, the percent of homes in Evergreen, San Jose, CA under the Section 8 program is 26.8%. 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. In Evergreen, San Jose, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 590 |
Total Units Section 8 | 589 |
% Rentals under Section 8 | 26.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $750 | $2,250 | $3,000 |
| 2 Bedroom | $580 | $2,900 | $3,480 |
| 3 Bedroom | $520 | $4,000 | $4,520 |
| 4 Bedroom | $430 | $4,500 | $4,930 |
Affordability — Evergreen, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $1,216,000 |
| Median Household Income | $134,000 |