Evergreen, San Jose, CA—95148
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 $1,489,000, with a year-over-year change of -1.6%. This indicates that home prices in Evergreen, San Jose, CA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,489,000 | -1.6% |
| Single Family | $1,500,000 | -1.7% |
| Condos | $770,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $848,000 | -4.8% |
3 Bed | $1,322,000 | -2.4% |
4 Bed | $1,552,000 | -1.1% |
| 5 Bed | $1,945,000 | 0.5% |
% of Housing Stock
Rental Trends — Evergreen, San Jose, CA
As of July '25, Rentcast reports the average rent in Evergreen, San Jose, CA is $4,370, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Evergreen, San Jose, CA is 1-bedrooms: $2,630, 2-bedrooms: $2,950, 3-bedrooms: $4,290, 4-bedrooms: $3,670. The most common rental property sizes in Evergreen, San Jose, CA are 3-bedroom and 4-bedroom, accounting for 45.2% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,200 | $4,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,630 | $2,630 |
| 2 Bed Rent | $2,950 | $2,950 |
| 3 Bed Rent | $4,200 | $4,290 |
| 4 Bed Rent | $4,100 | $3,670 |
% 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 21. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,710,000 | 8.0% |
Listing Count | 47 | -2.0% |
| Listings as % of Homes | 0.1% | -2.0% |
Days on Market | 21 | -6.0% |
Demographics — Evergreen, San Jose, CA
As of the latest ACS Survey released in 2023, Evergreen, San Jose, CA has a population of 45,400, which has decreased by -7.1% over the past 5 years. Evergreen, San Jose, CA is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | -7.1% |
% Under 18 | 20.1% | -8.2% |
% Seniors | 18.1% | 47.2% |
% WFH | 15.4% | 396.8% |
% w/ College Degree | 39.8% | 0.5% |
As of the latest ACS Survey released in 2023, Evergreen, San Jose, CA is a predominantly asian area, with 62.4% of the population identifying as asian. The asian population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Evergreen, San Jose, CA is hispanic, making up 23.6% of the population. Foreign-born residents account for 48.9% of the population in Evergreen, San Jose, CA, and this percentage has increased by 5.6% 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 | 9.4% | 2.2% |
% Black | 2.6% | -16.1% |
% Hispanic | 23.6% | -8.9% |
% Asian | 62.4% | 4.0% |
% Foreign Born | 48.9% | 5.6% |
Mortgage and Risk — Evergreen, San Jose, CA
According to HUD data as of 2023, there were 148 mortgage originations in Evergreen, San Jose, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 3.0% 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. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 148 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
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 17.4%. 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 | 403 |
Total Units Section 8 | 402 |
% Rentals under Section 8 | 17.4% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $950 | $2,630 | $3,580 |
| 2 Bedroom | $1,200 | $2,950 | $4,150 |
| 3 Bedroom | $1,190 | $4,200 | $5,390 |
| 4 Bedroom | $1,770 | $4,100 | $5,870 |
Affordability — Evergreen, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $1,489,000 |
| Median Household Income | $161,000 |