Housing in 95112 San Jose, CA is very expensive compared to the US average. The median value for housing in this area is $927,400, which is more than double the US median value of $338,100. In addition, the 1 year house appreciation rate in 95112 San Jose, CA has been 13.36%, higher than the US average of 8.27%. This appreciation rate shows the trend of increasing housing prices in this area; making it difficult for people who are not already homeowners to enter into the market and purchase a home here.
The median home cost in San Jose (zip 95112) is $927,400. Home appreciation the last 10 years has been 120.2%. Home Appreciation in San Jose (zip 95112) is up 15.1%.
Average Age of Homes
- The median age of San Jose (zip 95112) real estate is 51 years old
The Rental Market in San Jose (zip 95112)
- Renters make up 66.5% of the San Jose (zip 95112) population
- 4.6% of houses and apartments in San Jose (zip 95112), 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.