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Home appreciation in San Jose, CA

Over the five years ending 2025, home prices in San Jose, CA grew an average of 6.1% a year.

Price growth at a glance

1-year

+0.7%

2025 over 2024. California: +1.9%.

5-year, per year

+6.1%

Average annual growth, 2020 to 2025. California: +7.2%.

10-year, per year

+5.1%

+64.2% in total since 2015. California: +6.3%.

How does your home compare?

San Jose, CA home prices rose 64.2% over the ten years to 2025, while its ZIP codes ranged from +24.7% to +103.2%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How San Jose, CA compares with California

California averaged +7.2% a year, putting San Jose, CA behind the state overall. For five-year price growth, San Jose, CA ranks 384th out of 409 metros nationwide and 19th out of 28 in California.

Index, 2005 = 100

San Jose-Sunnyvale-Santa Clara, CA and California, quarterly house price index rebased to 100 in 2005.
YearSan Jose-Sunnyvale-Santa Clara, CACalifornia
2005 Q1100100
2005 Q2108106
2005 Q3111111
2005 Q4116116
2006 Q1117119
2006 Q2119120
2006 Q3120120
2006 Q4119119
2007 Q1117118
2007 Q2118116
2007 Q3116111
2007 Q4113107
2008 Q1110101
2008 Q210593
2008 Q310085
2008 Q49783
2009 Q19482
2009 Q28978
2009 Q38876
2009 Q48977
2010 Q18976
2010 Q29076
2010 Q39176
2010 Q49075
2011 Q18873
2011 Q28871
2011 Q38972
2011 Q48872
2012 Q18871
2012 Q28971
2012 Q39273
2012 Q49574
2013 Q19776
2013 Q210279
2013 Q310783
2013 Q410986
2014 Q111188
2014 Q211590
2014 Q311892
2014 Q412093
2015 Q112194
2015 Q212696
2015 Q313198
2015 Q4132100
2016 Q1134101
2016 Q2137103
2016 Q3140105
2016 Q4140106
2017 Q1140107
2017 Q2142110
2017 Q3146112
2017 Q4148113
2018 Q1154115
2018 Q2160118
2018 Q3161119
2018 Q4159119
2019 Q1157120
2019 Q2158121
2019 Q3157122
2019 Q4155123
2020 Q1156124
2020 Q2156126
2020 Q3156127
2020 Q4157130
2021 Q1159133
2021 Q2164141
2021 Q3167149
2021 Q4174155
2022 Q1183161
2022 Q2199171
2022 Q3191170
2022 Q4191165
2023 Q1189164
2023 Q2197168
2023 Q3200170
2023 Q4205170
2024 Q1205173
2024 Q2210176
2024 Q3210177
2024 Q4209178
2025 Q1209178
2025 Q2211179
2025 Q3208179
2025 Q4210180
2026 Q1212181
2026 Q2209181

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +5.1% a year over ten years and +64.2% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2006, fell 25.6% to its 2011 low, and regained the 2006 level in 2015.

The strongest year was 2022 at +15.1%, and the weakest was 2009 at -12.3%.

In 2025 alone the index moved +0.7%, against +1.9% for the state.

ZIP codes in San Jose, CA

Over the ten years to 2025, the 27 ZIP codes FHFA measures in this metro ranged from +24.7% in 95051 to +103.2% in 95110, while the metro as a whole rose 64.2%.

Fastest-rising ZIP codes

10-year change

  1. 95110+103.2%
  2. 95111+101.0%
  3. 95116+96.7%
  4. 95133+95.5%
  5. 95121+95.4%

Slowest-rising ZIP codes

10-year change

  1. 95051+24.7%
  2. 95124+30.8%
  3. 95125+48.2%
  4. 95118+52.0%
  5. 95132+58.2%
ZIP codes in San Jose-Sunnyvale-Santa Clara, CA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
95110+7.5%+5.2%+7.3%+103.2%
95111+3.4%+7.3%+7.2%+101.0%
95116+0.1%+6.0%+7.0%+96.7%
95133-2.1%+7.6%+6.9%+95.5%
95121+0.3%+7.5%+6.9%+95.4%
95127+0.9%+6.7%+6.9%+94.5%
95122-0.1%+6.2%+6.9%+94.4%
95119-3.0%+7.6%+6.7%+91.7%
95138-6.5%+7.9%+6.5%+87.9%
95035-4.2%+7.3%+6.4%+86.1%
95136-1.0%+6.9%+6.4%+85.9%
95037+6.4%+8.0%+6.4%+85.3%
95139-1.6%+6.3%+6.3%+84.1%
95123-1.8%+6.5%+6.2%+82.8%
95112-0.2%+4.9%+6.1%+80.8%
95131+14.1%+6.2%+6.1%+80.3%
95020+3.1%+6.7%+6.0%+78.4%
95148-6.4%+6.5%+5.7%+74.5%
95023+0.7%+5.3%+5.5%+71.4%
95045-1.6%+5.0%+5.3%+67.9%
95126-4.7%+4.2%+5.2%+65.3%
95128-3.7%+4.3%+5.1%+64.5%
95132+12.3%+4.0%+4.7%+58.2%
95118-6.0%+3.4%+4.3%+52.0%
95125-2.9%+5.3%+4.0%+48.2%
95124-4.9%+2.1%+2.7%+30.8%
95051-3.7%+2.0%+2.2%+24.7%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for San Jose-Sunnyvale-Santa Clara, CA and California, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006109.2+9.2%110.2
2007106.8-2.1%104.3
200894.7-11.4%83.4
200983.0-12.3%72.2
201083.00.0%70.0
201181.2-2.2%66.4
201283.6+2.9%66.5
201395.4+14.1%74.7
2014106.7+11.9%83.6
2015117.5+10.1%89.5
2016126.8+8.0%95.9
2017132.6+4.5%102.1
2018145.7+9.9%108.8
2019144.1-1.1%112.3
2020143.8-0.2%117.1
2021152.6+6.1%133.5
2022175.6+15.1%153.8
2023181.9+3.6%155.3
2024191.6+5.3%162.4
2025192.9+0.7%165.5

The 28 measured metros in California

Measured metros in California ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1El Centro, CA+7.7%+9.9%+7.8%
2Santa Maria-Santa Barbara, CA+2.9%+9.2%+6.5%
3San Diego-Chula Vista-Carlsbad, CA+1.9%+9.1%+7.3%
4Anaheim-Santa Ana-Irvine, CA (metropolitan division)+4.5%+9.0%+6.6%
5Riverside-San Bernardino-Ontario, CA+2.1%+9.0%+7.5%
6Visalia, CA+4.3%+9.0%+7.3%
7Bakersfield-Delano, CA+3.5%+8.8%+6.6%
8Hanford-Corcoran, CA+5.2%+8.6%+7.2%
9Fresno, CA+3.1%+8.4%+7.2%
10San Luis Obispo-Paso Robles, CA+3.1%+8.0%+6.3%
11Merced, CA+1.5%+7.9%+7.5%
12Los Angeles-Long Beach-Glendale, CA (metropolitan division)+2.8%+7.5%+6.6%
13Oxnard-Thousand Oaks-Ventura, CA+3.0%+7.5%+5.9%
14Modesto, CA+1.5%+7.1%+7.1%
15Stockton-Lodi, CA+0.6%+6.9%+6.9%
16Salinas, CA-0.2%+6.6%+6.4%
17Yuba City, CA+0.9%+6.5%+7.2%
18Sacramento-Roseville-Folsom, CA+1.3%+6.4%+6.4%
19San Jose-Sunnyvale-Santa Clara, CA+0.7%+6.1%+5.1%
20Redding, CA+0.8%+5.7%+5.4%
21Santa Cruz-Watsonville, CA+0.5%+5.4%+4.9%
22Vallejo, CA0.0%+5.3%+5.9%
23Napa, CA+1.0%+5.2%+5.2%
24Oakland-Fremont-Berkeley, CA (metropolitan division)-0.1%+4.7%+5.2%
25Chico, CA+2.1%+4.6%+6.0%
26Santa Rosa-Petaluma, CA+0.8%+4.6%+4.9%
27San Rafael, CA (metropolitan division)+0.8%+4.5%+3.6%
28San Francisco-San Mateo-Redwood City, CA (metropolitan division)+0.8%+3.5%+3.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the California row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2