ZIP 95124 Housing Market & Real Estate Update (San Jose, CA)

ZIP 95124 (San Jose, Santa Clara County, CA) is still a ‘high-price, tight-supply’ market. Recent trackers keep median pricing near $2M, and many well-prepped homes are selling fast.

Top takeaways

Median sale price: about $2.0M in recent closed-sale data.
Speed: roughly 14 days on market, with many sales above list.
Mortgage rates: Freddie Mac’s 30-year fixed average has been near 6% in February.

Market snapshot (latest available)

Closed sales: Redfin shows a December 2025 median sale price of $1,962,500 (+3.7% year-over-year) and a median 14 days on market. It also reports 96 homes sold in December versus 118 a year earlier.

Offer dynamics: Redfin lists a sale-to-list ratio around 103% for December 2025, suggesting list price still isn’t a ceiling for many homes.

Values + inventory: Zillow pegs the typical 95124 home value at $1,910,370 (data through January 31, 2026) and shows 38 homes of for-sale inventory with 17 new listings for the month.

Active listings (directional): Redfin currently shows 44 homes for sale in 95124. Realtor.com shows 61 active listings and a median list price of $1,698,000.

Mortgage-rate check

Freddie Mac reported 30-year fixed at 6.11% as of February 5, 2026; news coverage citing the same Freddie Mac survey put it at 6.01% for the week ending February 19, 2026. If you’re budgeting for a purchase here, re-quote rates before making offer decisions.

What’s for sale nearby (no addresses)

Entry point: smaller condos/townhomes can appear around the high-$700Ks.
Single-family: 3-bedroom homes are often marketed in the high-$1Ms.
Move-up: larger or remodeled 4–5 bedroom homes frequently list in the low-to-mid $2Ms.

ServiceXTC local pros

We couldn’t confirm any 95124-specific ServiceXTC provider pages to feature in today’s pull. For transaction-adjacent work, common categories include home inspection, roofing, HVAC, plumbing, electrical, and remodeling.

Question: are you seeing more price cuts, more bidding wars, or buyers waiting for rates to drop further?

Sources

https://www.zip-codes.com/zip-code/95124/zip-code-95124.asp
https://www.redfin.com/zipcode/95124/housing-market
https://www.redfin.com/zipcode/95124
https://www.zillow.com/home-values/97992/san-jose-ca-95124/
https://www.zillow.com/san-jose-ca-95124/
https://www.realtor.com/realestateandhomes-search/95124
https://www.freddiemac.com/pmms
https://apnews.com/article/449e32375dcfa96e6d94ff0cb10df572