Alum Rock, San Jose, CA—95127
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alum Rock, San Jose, CA
As of Oct '25, the median home price in Alum Rock, San Jose, CA is $1,080,000, with a year-over-year change of -5.6%. This indicates that home prices in Alum Rock, San Jose, CA are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,080,000 | -5.6% |
| Single Family | $1,098,000 | -6.0% |
| Condos | $531,000 | -8.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $478,000 | -7.9% |
2 Bed | $855,000 | -5.5% |
3 Bed | $1,039,000 | -6.0% |
4 Bed | $1,274,000 | -5.3% |
| 5 Bed | $1,442,000 | -4.8% |
% of Housing Stock
Rental Trends — Alum Rock, San Jose, CA
As of July '25, Rentcast reports the average rent in Alum Rock, San Jose, CA is $3,000, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Alum Rock, San Jose, CA is studios: $2,000, 1-bedrooms: $1,950, 2-bedrooms: $2,930, 3-bedrooms: $4,410, 4-bedrooms: $4,400. The most common rental property sizes in Alum Rock, San Jose, CA are 2-bedroom and 3-bedroom, accounting for 38.5% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,640 | $3,000 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $2,000 | $1,950 |
| 2 Bed Rent | $2,800 | $2,930 |
| 3 Bed Rent | $3,950 | $4,410 |
| 4 Bed Rent | $4,200 | $4,400 |
% of Rental Stock
Property Listings — Alum Rock, San Jose, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alum Rock, San Jose, CA is 49. This is a increase of 46.0% 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 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 | $1,200,000 | 8.0% |
Listing Count | 59 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 49 | 46.0% |
Demographics — Alum Rock, San Jose, CA
As of the latest ACS Survey released in 2023, Alum Rock, San Jose, CA has a population of 61,100, which has decreased by -7.0% over the past 5 years. Alum Rock, San Jose, CA is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,100 | -7.0% |
% Under 18 | 20.9% | -9.9% |
% Seniors | 14.9% | 22.1% |
% WFH | 11.0% | 307.4% |
% w/ College Degree | 26.6% | 16.2% |
As of the latest ACS Survey released in 2023, Alum Rock, San Jose, CA is a predominantly hispanic area, with 54.5% of the population identifying as hispanic. The hispanic population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Alum Rock, San Jose, CA is asian, making up 28.3% of the population. Foreign-born residents account for 42.9% of the population in Alum Rock, San Jose, CA, and this percentage has increased by 5.1% 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 | 12.0% | -11.8% |
% Black | 1.7% | 0.0% |
% Hispanic | 54.5% | -6.5% |
% Asian | 28.3% | 17.9% |
% Foreign Born | 42.9% | 5.1% |
Mortgage and Risk — Alum Rock, San Jose, CA
According to HUD data as of 2023, there were 416 mortgage originations in Alum Rock, San Jose, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Alum Rock, San Jose, CA. Investor activity is low, as 2.0% 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 | 416 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Alum Rock, San Jose, CA
As of 2024, the percent of homes in Alum Rock, San Jose, CA under the Section 8 program is 15.0%. This is considered low, suggesting that the neighborhood is sparsely 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 Alum Rock, 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 | 774 |
Total Units Section 8 | 760 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $2,000 | $2,470 |
| 2 Bedroom | $60 | $2,800 | $2,860 |
| 3 Bedroom | -$230 | $3,950 | $3,720 |
| 4 Bedroom | -$150 | $4,200 | $4,050 |
Affordability — Alum Rock, San Jose, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $1,080,000 |
| Median Household Income | $121,000 |