Downtown San Jose, San Jose, CA—95113
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 $675,000, with a year-over-year change of -11.1%. 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 | $675,000 | -11.1% |
| Single Family | N/A | N/A |
| Condos | $640,000 | -11.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $546,000 | -10.9% |
2 Bed | $765,000 | -10.5% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 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 $2,900, with a year-over-year rent change of -26.2%. Per bedroom, the median rent as of July '25 in Downtown San Jose, San Jose, CA is studios: $2,290, 1-bedrooms: $2,720, 2-bedrooms: $4,360. The most common rental property sizes in Downtown San Jose, San Jose, CA are 1-bedroom and studio, accounting for 49.2% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,900 |
| Studio Rent | $2,200 | $2,290 |
| 1 Bed Rent | $2,400 | $2,720 |
| 2 Bed Rent | $3,400 | $4,360 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% 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 81. This is a increase of 17.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $585,000 | -34.0% |
Listing Count | 7 | -5.0% |
| Listings as % of Homes | 0.2% | -5.0% |
Days on Market | 81 | 17.0% |
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 2,440, which has increased by 26.0% over the past 5 years. Downtown San Jose, San Jose, CA is a less popular place for families, as children make up 3.8% of the population. The area has a highly educated workforce, with 66.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,440 | 26.0% |
% Under 18 | 3.8% | 100.0% |
% Seniors | 9.9% | 4.2% |
% WFH | 28.2% | 442.3% |
% w/ College Degree | 66.8% | -7.9% |
As of the latest ACS Survey released in 2023, Downtown San Jose, San Jose, CA is a predominantly white area, with 31.8% of the population identifying as white. The white population has shrunk by 35.2% in the last 5 years. The second most common race or ethnicity in Downtown San Jose, San Jose, CA is asian, making up 29.8% of the population. Foreign-born residents account for 38.7% of the population in Downtown San Jose, San Jose, CA, and this percentage has increased by 10.6% 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 | 31.8% | -35.2% |
% Black | 6.3% | -44.7% |
% Hispanic | 26.9% | 212.8% |
% Asian | 29.8% | -3.9% |
% Foreign Born | 38.7% | 10.6% |
Mortgage and Risk — Downtown San Jose, San Jose, CA
Downtown San Jose, San Jose, CA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Downtown San Jose, San Jose, CA
Downtown San Jose, San Jose, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 199 |
Total Units Section 8 | 199 |
% Rentals under Section 8 | 15.9% |
% Occupied Section 8 | 96.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $910 | $2,400 | $3,310 |
| 2 Bedroom | $430 | $3,400 | $3,830 |
| 3 Bedroom | N/A | N/A | $4,980 |
| 4 Bedroom | N/A | N/A | $5,420 |
Affordability — Downtown San Jose, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $675,000 |
| Median Household Income | $141,000 |