Zip 95116 (San Jose, CA) Housing

Housing in San Jose, CA (95116) is significantly more expensive than the median housing value in the United States. According to data from the area, the median value of a home in 95116 San Jose is $834,400, over twice as much as the U.S. median value of $338,100. Furthermore, while the U.S. saw a 1-year house appreciation rate of 8.27%, San Jose's appreciation rate was 13.36%. It's clear that housing in this area is a hot commodity and shows no signs of slowing down anytime soon.

The median home cost in San Jose (zip 95116) is $834,400. Home appreciation the last 10 years has been 120.2%. Home Appreciation in San Jose (zip 95116) is up 15.1%.

Average Age of Homes

- The median age of San Jose (zip 95116) real estate is 43 years old

The Rental Market in San Jose (zip 95116)

- Renters make up 59.9% of the San Jose (zip 95116) population
- 0.7% of houses and apartments in San Jose (zip 95116), 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, California	United States
	14,147.0	139,647,020.0
	47	42
	$834,400	$338,100
	15.1%	16.6%
	33.4%	57.0%
	120.2%	101.1%
	$7.98	$10.98
	$5,486	$2,690
	38.5%	57.4%
	3.0%	11.2%
	58.6%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	0.2%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	1.4%	2.4%
	0.9%	2.8%
	0.7%	3.9%
	0.2%	4.5%
	1.9%	11.3%
	2.3%	13.0%
	1.0%	20.1%
	2.9%	13.6%
	9.3%	8.3%
	36.4%	9.7%
	29.6%	3.9%
	10.3%	2.2%
	0.5%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.9%	13.6%
	8.9%	13.6%
	12.1%	13.6%
	14.9%	13.2%
	18.3%	14.8%
	12.1%	13.6%
	14.4%	10.0%
	5.8%	4.7%
	9.5%	12.2%

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