Evergreen, San Jose, CA95148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,489,000
1.6% YoY Growth
Median Household Income
$161,000
23.7% 5-Year Growth
Days on Market
21
6.0% Shorter than last year
Home Price Forecast
0.9%
Median Rent
$4,200
6.8% YoY Growth
1-Bed Rent
$2,630
44.5% YoY Growth
2-Bed Rent
$2,950
22.4% YoY Growth
3-Bed Rent
$4,200
22.2% YoY Growth

Other Zip Codes in Evergreen, San Jose, CA

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,710,0008.0%
Listing Count
47-2.0%
Listings as % of Homes0.1%-2.0%
Days on Market
21-6.0%
Loading chart...

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.

MetricLatest CensusYoY % 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%
Loading chart...

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

MetricLatest Census5-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%
Loading chart...

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

MetricZip 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

Loading chart...
Loading chart...

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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio8.1
Median Home Price$1,489,000
Median Household Income$161,000

Evergreen, San Jose, CA — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions