We toured the home early in the morning the first day on the market. Van Ness – Civic Center, where the average rent goes for $2,944/mo. The San Jose area’s median home value right now is $1,128,300, making it the nation’s most expensive market, according to Zillow. Prices, conditions and apartment availability are subject to change without notice. This property was originally built in 1997. This Single Family Residence is located at 3501 Ranch Pl, San Jose, CA. San Jose real estate appreciated 89.20% over the last ten years, which is an average annual home appreciation rate of 6.58%, putting San Jose in the top 10% nationally for real estate appreciation. Longer term trends are much more meaningful than short-term. The average sale price of a home in San Jose was $1.11M last month, up 18.0% since last year. Furthermore if you look at the average size of a San Jose house sold you will see that it varies with time. Homes in San Jose receive 5 offers on average and sell in around 18 days. Compare cost of living in San Jose with factors like salaries, housing expenses, groceries, utilities and more. The average house price in Alberta, Canada in 2020 was forecasted to cost 376,600 Canadian dollars. San Jose has 1 st Most Expensive McMeal at McDonalds (or Equivalent Combo Meal), Restaurants in Central America out of 12 cities). This Single Family Residence is located at 6237 Purple Knoll Ct, San Jose, CA. 3326 Famille Ct is within the school district East Side Union High School District with nearby schools including Tom Matsumoto Elementary School, Chaboya Middle School, and Evergreen Valley High School. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. All Rights Reserved, Interested in knowing how much your home in. Housing options in San Jose are more expensive than in other capital cities such as Mexico City. This property was originally built in 1972. Since 2012, the median home price in San Jose has appreciated by roughly 38% from $491,000 to $1,073,255. Only showing 5 of The San Jose housing market is very competitive. The estimated value of this home is currently priced at 922,758, approximately $649.37 per square foot. Most homes for sale in South San Jose stay on the market for 24 days and receive 3 offers. From the first quarter of 2016 through Q2 2017, the rate of year-over-year home price appreciation in San Jose hung near the national average in single digits and dipped as … In 2019 the market remained almost flat. 95101, San Jose, California - March 21, 2018 Custom Home Building $154.55 - $229.48 per square foot (basic construction) Manhours for building a new home are included in price. Compare the Cost of Living in San Jose, California against another US Cities and States. 5920 Pistoia Way is within the school district East Side Union High School District with nearby schools including Silver Oak Elementary School, Chaboya Middle School, and Silver Creek High School. The median price per square foot in South San Jose has increased by 4.4% over the past year. The booming economy has also contributed to rising home prices in San Francisco. Compass is a real estate broker licensed by the State of California, DRE 01527235. The Homes.com Automated Valuation Model (AVM) provides an estimate of the home value  of every on and off market property in the US. Year-to-date house sales and median house sales prices by city or San Jose neighborhood: ... Year-over-year, the number of price reductions remains moderately low (chart 1); the average sales-price-to-list-price percentage is down from the heights two years ago (chart 2); and average days on market, though climbing a little, also remain moderately low (chart 3). This Single Family Residence is located at 3326 Famille Ct, San Jose, CA. This property was originally built in 1976. This Single Family Residence is located at 478 Madison Dr, San Jose, CA. Cost of living index in San Jose is 22.61% lower than in New York. SAN JOSE, Calif. (KGO) -- San Jose has become the most expensive metro market for homes in the country. The median home … We submitted a Non-Contingent offer over list price with a large percentage down and our offer was…, We knew that there would be multiple offers due to the excellent condition of this home and the nice interior decorating and landscaping. This property was originally built in 1966. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. In 2018, the median house price in the region amounted to 387,200 Canadian dollars. Of the total homes in San Jose, CA 74% are for sale, 26% are for rent, and 71% are single family homes. The median single family home price in San Jose is $1,085,000 now. The estimated value of this home is currently priced at 1,297,268, approximately $1,010.33 per square foot. Many homes get multiple offers, some with waived contingencies. A single person estimated monthly costs are 992.20$ without rent. The estimated value of this home is currently priced at 1,318,065, approximately $541.74 per square foot. This Single Family Residence is located at 6410 Mojave Dr, San Jose, CA. The estimated value of this home is currently priced at 823,392, approximately $617.24 per square foot. To verify enrollment eligibility for a property, contact the school directly. The resale value is $52,619, which represents roughly 80% of the price. The estimated value of this home is currently priced at 988,365, approximately $864.71 per square foot. The estimated value of this home is currently priced at 1,556,310, approximately $830.03 per square foot. San Jose Real Estate Trends - Home Prices Per Square Foot For Houses. San Jose’s average was $1.1 million, with the highest prices coming in the Almaden Valley neighborhood (more than $1.52 million), with Alum Rock the cheapest ($770,000). San Jose, CA represents 0%  of home addresses in the United States. 349 Manila Dr is within the school district East Side Union High School District with nearby schools including Santa Teresa Elementary School, Bernal Intermediate School, and Santa Teresa High School. The median home price in California has reached its highest level since 2007, coming in at $522,440 for February 2018 (data compiled by the California Association of Realtors – CAR.) The estimated value of this home is currently priced at 912,345, approximately $802.41 per square foot. In San Jose, CA the median home price is $658,000 and $90,303 is the median household income. The median rent price in 95112 is … This Single Family Residence is located at 5383 Gerine Blossom Dr, San Jose, CA. Tenderloin, where renters pay $2,944/mo on average. Looking at price per square foot gives a partial adjustment for differences between houses. Some of the most affordable neighborhoods where the rent is below San Francisco's average rent price: Treasure Island, where the average rent goes for $2,616/month. Homes sell for about 3% above list price and go pending in around 18 days. This Single Family Residence is located at 2780 Othello Ave, San Jose, CA. Homes.com | © 2020 Dominion Enterprises. The average sale price per square foot in San Jose is $682, up 7.5% since last year. This property was originally built in 1975. The most expensive neighborhoods in San Jose are Downtown San Jose ($2,901), Rose Garden ($2,924) and North San Jose ($3,031). The regional cost of labor and the area cost of doing business affects total costs. Home values in San Jose, CA are 332% above the median home value in the United States. The estimated value of this home is currently priced at 1,659,998, approximately $808.57 per square foot. Summary about cost of living in San Jose, CA, United States: Family of four estimated monthly costs are 3,579.29$ without rent (using our estimator). San Jose and all of Silicon Valley have received national attention for soaring home prices. 6410 Mojave Dr is within the school district San Jose Unified School District with nearby schools including Los Alamitos Elementary School, Castillero Middle School, and Leland High School. The estimated value of this home is currently priced at 2,135,595, approximately $716.40 per square foot. The sales price of a San Jose house is affected by its size. The estimated value of this home is currently priced at 998,340, approximately $595.67 per square foot. San Jose, CA … Cost estimate includes permitting, pouring the foundation, standard building materials, basic finishes, and cleanup. In order to determine the home affordability ratio, you would divide the median home price by the median home income. This property was originally built in 1996. Of the total homes in San Jose, CA 73% are for sale, 27% are for rent, and 71% are single  family homes. The average sale price of a home in San Jose was $1.1M last month, up 16.5% since last year. The average sale price per square foot in San Jose is $682, up 7.5% since last year. Palo Alto’s median home sale price has tripled since 1997 to well over $2 million, and the city now has the fastest growing home prices in the Bay Area. The median home cost in San Jose is $1,003,100. This Single Family Residence is located at 2290 Sunny Vista Dr, San Jose, CA. As a result, the home price to income ratio in San Jose, CA is 7.3x, which is 14% higher than the California average. The luxury real estate market in San Jose has shown increases in price by 6.2% recently. Neighboring San Francisco may have the highest rent prices of all U.S. cities, but San Jose isn’t far behind. Rent in San Jose is, on average, 18.95% lower than in New York. Make the best move with tools, tips and advice from start-to-finish. 3667 Pueblo Hill Ct is within the school district East Side Union High School District with nearby schools including Cureton Elementary School, Joseph George Middle School, and James Lick High School. 3501 Ranch Pl is within the school district East Side Union High School District with nearby schools including Noble Elementary School, Sierramont Middle School, and Piedmont Hills High School. There were 24…, 10 most bikeable neighborhoods in San Jose, 10 most walkable neighborhoods in San Jose, 10 most transit-friendly neighborhoods in San Jose. The San Jose House is historically documented, appeared in movies, and also TRUE WEST Magazine. In comparison, the national average is $47,427. 478 Madison Dr is within the school district East Side Union High School District with nearby schools including Herman Intermediate School And Adventure, Herman Intermediate School And Adventure, and Santa Teresa High School. This Single Family Residence is located at 2840 Hemlock Ave, San Jose, CA. The estimated value of this home is currently priced at 870,100, approximately $575.46 per square foot. Interested in knowing how much your home in San Jose, CA is worth? Last year, prices in the city hit a record $1,270,492, a 25-year gain of 344 percent. The cost per square foot of adding rooms onto a home varies greatly depending on geographic region. This property was originally built in 1997.