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  5. /Alum Rock, San Jose, CA - 95127

Alum Rock, San Jose, CA—95127

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,089,000
3.6% YoY Growth
Household Income
$121,000
30.4% YoY Growth
Days on Market
32
21.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$2,640
1.0% YoY Growth
1-Bed Rent
$2,000
8.3% YoY Growth
2-Bed Rent
$2,800
12.3% YoY Growth
3-Bed Rent
$3,950
0.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Alum Rock, San Jose, CA

As of May '26, the median home price in Alum Rock, San Jose, CA is $1,089,000, with a year-over-year change of -3.6%. This indicates that home prices in Alum Rock, San Jose, CA are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,089,000-3.6%
Single Family $1,109,000-3.0%
Condos $517,000-5.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $477,000
    -5.7%
    2 Bed
    $854,000-3.3%
    3 Bed
    $1,046,000-3.1%
    4 Bed
    $1,283,000-2.6%
    5 Bed $1,459,468-1.7%
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    % of Housing Stock

    Studio
    3.0%
    1 Bedroom
    6.0%
    2 Bedrooms
    20.4%
    3 Bedrooms
    45.4%
    4 Bedrooms
    19.8%
    5+ Bedrooms
    5.5%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    5.7%
    1 Bedroom
    11.8%
    2 Bedrooms
    38.5%
    3 Bedrooms
    31.9%
    4 Bedrooms
    9.2%
    5+ Bedrooms
    3.0%

    Property Listings — Alum Rock, San Jose, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Alum Rock, San Jose, CA is 32. This is a increase of 21.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $1,120,000-3.0%
    Listing Count
    64-1.0%
    Listings as % of Homes0.3%-1.0%
    Days on Market
    3221.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio8.7
    Median Home Price$1,089,000
    Median Household Income$121,000

    Alum Rock, San Jose, CA — ZIP Code Boundary Map

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    Frequently Asked Questions