San Jose, CA home prices
Typical home $1,523,615 · +0.2% in a year · income needed $420,600
The San Jose, CA metro area ranks 2 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.2% in a year and +16.4% over five years. With 20% down at 7.11%, the typical home costs about $9,813 a month including 0.67% property tax (Santa Clara County rate).
Mortgage on the typical San Jose home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $304,723 | $1,218,892 | $8,200 | $0 | $1,614 | $9,813 | $420,600 |
| 10% down | $152,362 | $1,371,254 | $9,225 | $571 | $1,614 | $11,410 | $489,000 |
| 5% down | $76,181 | $1,447,435 | $9,737 | $603 | $1,614 | $11,954 | $512,300 |
| 3.5% down (FHA) | $53,327 | $1,496,019 | $10,064 | $674 | $1,614 | $12,351 | $529,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.67% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the San Jose area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Santa Clara County, CA | $1,562,682 | +0.3% | 0.67% |
| San Benito County, CA | $763,020 | +0.1% | 0.81% |
What can you afford in California on your salary? · California home prices · Salaries in California
Frequently asked questions
How much is a house in San Jose?
The typical home in the San Jose, CA metro area is worth $1,523,615 (Zillow, September 2026).
What salary do you need to buy a house in San Jose?
About $420,600 a year for the typical home with 20% down at 7.11%.