The story of this market
The typical home in ZIP 95118 sells for about $1,599,639, or $1,086 per square foot.
Prices are down 6.5% from a year ago, which gives buyers more room to negotiate. Homes take about 13 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,950 a month.
ZIP 95118 — San Jose
The 95118 housing market shows a median sale price of $1,599,639 with a year-over-year decline of 6.5%. Market activity is characterized by a 105% sale-to-list ratio and 1.7 months of supply, indicating a competitive environment despite the price correction.
Median prices moved down 6.5% year over year.
Homes spend a median of 13 days on market with 1.7 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 105% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 6.6% — a stable, low-distress profile.
ZCTA 95118, Santa Clara County, CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
The mean commute time for residents is approximately 30.4 minutes.
Data retrieved from Census Reporter and ZIP-Codes.com
- California's Great America4.410.8 mi
- Happy Hollow Park & Zoo4.54.8 mi
- Roaring Camp4.618 mi
- Children's Discovery Museum of San Jose4.64.7 mi
- Dave & Buster's Milpitas - San Jose4.111 mi
- Levi's Stadium4.411 mi
- SAP Center4.65.2 mi
- Topgolf4.212.3 mi
- Winchester Mystery House4.55.5 mi
- Santa Clara Convention Center4.311.2 mi
- Westfield Valley Fair4.45.7 mi
- California's Great America4.410.8 mi
- Winchester Mystery House4.55.5 mi
- AMC Mercado 204.210.5 mi
- Happy Hollow Park & Zoo4.54.8 mi
- Winchester Mystery House4.55.5 mi
- Computer History Museum4.715.1 mi
- Children's Discovery Museum of San Jose4.64.7 mi
- The Tech Interactive4.45 mi
- Cantor Arts Center at Stanford University4.819.8 mi
- Alviso Marina County Park4.512.9 mi
- Vasona Lake County Park4.75.1 mi
- Sierra Vista Open Space Preserve4.811.3 mi
- Municipal Rose Garden4.75.6 mi
- Central Park4.67.6 mi
- Topgolf4.212.3 mi
- San Jose Municipal Golf Course48.2 mi
- Pruneridge Golf Club4.26.6 mi
- Cinnabar Hills Golf Club4.79.6 mi
- Coyote Creek Golf Club4.311.1 mi
- Westfield Valley Fair4.45.7 mi
- Great Mall4.310.9 mi
- Santana Row4.55.5 mi
- Westfield Oakridge4.31.3 mi
- San Jose Mineta International Airport4.47.6 mi
- Elevation LVK4.330.4 mi
- The Club at SJC A154.37.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).