San Jose, CA metro area Housing Market Brief
metro · as of May 2026
What is San Jose, CA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is San Jose, CA metro area in its market cycle?
San Jose, CA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
San Jose, CA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $1.6M | ▲ +0.3% |
| Median Days on Market | 16 days | ▼ -20% |
| Months of Supply | 2.0 | ▼ -6% |
| Homes for Sale | 2,332 | ▲ +16.9% |
| Homes Sold | 1,194 | ▲ +31.4% |
| Median Price / Sq Ft | $973 | ▲ +2.4% |
| Sale-to-List Ratio | 103.1% | ▲ +1.4% |
How has San Jose, CA metro area’s Alpha Score moved?
Markets like San Jose, CA metro area
- Minneapolis, MN metro areametro45
- Portland, OR metro areametro45
- West Palm Beach, FL metro areametro43
- Charlotte, NC metro areametro44
- Columbus, OH metro areametro46
- Tacoma, WA metro areametro44
- Miami, FL metro areametro46
- Wilmington, DE metro areametro47
- Boston, MA metro areametro47
- Seattle, WA metro areametro44
Frequently asked questions
Is San Jose, CA metro area a buyer's or seller's market?
As of May 2026, San Jose, CA metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in San Jose, CA metro area?
The median sale price in San Jose, CA metro area is $1.6M, having held roughly steady over the past year.
How affordable is San Jose, CA metro area?
San Jose, CA metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving San Jose, CA metro area's Alpha Score?
San Jose, CA metro area's strongest dimension is Price Momentum (50/100) and its weakest is Inventory Health (25/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of San Jose, CA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.