San Jose-Sunnyvale-Santa Clara Metro Area, CA Housing

Housing in the San Jose-Sunnyvale-Santa Clara, CA Metro Area is extremely expensive, with a median home value of $1.4 million. This is significantly higher than the US median home value of $338,100. Although housing prices are high in this area, appreciation has been strong over the past year at 9.88%, higher than the national average of 8.27%. As such, this metro area remains an attractive market for investors and those looking to buy a home in one of California's most desirable locations.

The median home cost in San Jose-Sunnyvale-Santa Clara Metro Area is $1,426,600. Home appreciation the last 10 years has been 109.1%. Home Appreciation in San Jose-Sunnyvale-Santa Clara Metro Area is up 14.4%.

Average Age of Homes

- The median age of San Jose-Sunnyvale-Santa Clara Metro Area real estate is 43 years old

The Rental Market in San Jose-Sunnyvale-Santa Clara Metro Area

- Renters make up 41.2% of the San Jose-Sunnyvale-Santa Clara Metro Area population
- 2.1% of houses and apartments in San Jose-Sunnyvale-Santa Clara Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	San Jose-Sunnyvale-Santa Clara, California	United States
	703,471.0	139,647,020.0
	46	42
	$1,426,600	$338,100
	14.4%	16.6%
	30.9%	57.0%
	109.1%	101.1%
	$7.42	$10.98
	$8,200	$2,690
	53.5%	57.4%
	5.3%	11.2%
	41.2%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.3%	0.4%
	0.6%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	0.3%	3.9%
	0.3%	4.5%
	1.1%	11.3%
	0.9%	13.0%
	1.7%	20.1%
	1.6%	13.6%
	2.3%	8.3%
	12.5%	9.7%
	19.7%	3.9%
	25.7%	2.2%
	13.6%	0.8%
	18.8%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.9%	13.6%
	8.9%	13.6%
	10.0%	13.6%
	12.1%	13.2%
	21.3%	14.8%
	10.0%	13.6%
	13.9%	10.0%
	3.5%	4.7%
	5.0%	12.2%

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