San Jose Housing Market, October 2026: Listings Up, Homes Still Selling Near Asking, Rents Rising
Hello, Silicon Valley neighbors. San Jose is the largest city in Santa Clara County, and it is the market people ask me about most. Here are the latest city-wide figures, published by Realtor.com for October 2026, so you can see how the market looks beyond the county headline.
What the numbers say
According to Realtor.com's San Jose market page (key indicators as of October 2026):
Median listing price: $1,242,985, up 3.67% from a year ago.
Median sold price: $1,380,000, up 2.22% from last month and down 0.47% from a year ago.
Price per square foot: $783, up 0.51% from a year ago.
Active listings: 1,666, up 12.39% from a year ago and down 0.97% from last month.
Median days on market: 34 days, down 2.86% from a year ago and 5.56% from last month.
Sale-to-list price ratio: about 100%, meaning homes sold for roughly the asking price on average.
Realtor.com describes San Jose as a seller's market in October 2026. In plain words: the typical home still sold at about its asking price, but there are about 12% more homes for sale than a year ago, so buyers have more to choose from.
Renting is getting more expensive too
The same page shows a median rent of $3,483 per month, up 8.74% from a year ago. There were 571 rental listings, down 18.03% from a year ago. If you are renting and have been on the fence about buying, it is worth sitting down and comparing your monthly rent with the monthly cost of owning at today's rates.
A note on comparing numbers
Realtor.com reports citywide figures across the homes listed on the MLS. The California Association of Realtors reports county-level medians for existing single-family detached homes. Because the two sources measure different things, their numbers should not be compared directly. For reference, C.A.R.'s September report put the Santa Clara County median at $1,920,000, with 2.1 months of inventory and 11 median days on market.
What this means for buyers
More listings than a year ago means more homes to compare, and a 34-day median time on market gives you a little more room to schedule showings and think. Well-priced homes can still move quickly, so get pre-approved first, know your monthly payment at a few different interest rates, and be ready to act on the right home.
What this means for sellers
Homes are still selling at about the asking price, which is encouraging. But with more competing listings than last year, price it correctly from day one, prepare the home well and use good photography. A home that sits too long can end up selling for less.
My take
I have been helping families buy and sell homes for 10 years and I can work with you in Mandarin, Cantonese or English. Citywide numbers are a starting point; every neighborhood and home type behaves differently. If you would like to know what your home is worth today, or what your budget can buy, I am happy to run the numbers with you. This is general market information, not financial advice.
For a free consultation, reach out any time:
Search homes: brendonyim.exprealty.com
Call or text: 408.880.4191
Email: brendon.yim@gmail.com
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Brendon Yim | eXp Realty | DRE# 02080821 | 408.880.4191
Source: Realtor.com, San Jose, CA market data, October 2026 (https://www.realtor.com/local/market/california/santa-clara-county/san-jose); C.A.R., September 2026 home sales and price report, Oct. 19, 2026 (https://www.car.org/aboutus/mediacenter/newsreleases/2026releases/sept2026sales)
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