Housing Insights for ZIP Code 95117 (San Jose, CA)

Housing Summary for ZIP Code 95117

Homeowners

The median home value in ZIP Code 95117 (San Jose, CA) is $1,006,000. Approximately 37.5% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.8%.

The average occupancy of owner-occupied units in ZIP Code 95117 is 2.63 occupants, while owner-occupied units have an aggregate average size of 2.33 bedrooms per housing unit.

Renters

In the 95117 ZIP Code, an estimated 62.5% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 5.5%.

Among renter-occupied units in this ZIP, the average occupancy is 2.88 occupants, while renters in this Santa Clara County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 95117

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 95117.

ZIP 95117 California U.S.
Median Home Value $1,006,000 $809,893 $356,002
Owner-Occupied Housing Units 37.5% 54.8% 64.0%
Homeowner Vacancy Rate 0.8% 1.1% 1.6%
Average Size of Owner-Occupied Unit 2.63 3.01 2.70
Average # of Bedrooms Per Unit 2.33 2.63 2.75
Median Housing Rent $0 $1,503 $1,062
Renter-Occupied Housing Units 62.5% 45.2% 36.0%
Rental Vacancy Rate 5.5% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.88 2.88 2.49
Percent of Income Spent on Rent 0% 31.23% 29.83%

Home Values in ZIP Code 95117 (San Jose, CA)

The median home value in ZIP Code 95117 is $1,006,000. That median value is about 99% higher than the median home value of $505,000 in California overall, and is 363% higher than the $217,500 the median home value in the entire U.S. Approximately 50.7% of homes in ZIP Code 95117 are valued $1,000,000 or more. That is 234% higher than in the state ofCalifornia, where 15.2% of homes are valued at $1,000,000 or more, and is about 1391% higher than in the U.S. overall (3.4% of homes valued at $1,000,000 or more). The home value range that the smallest portion of ZIP Code 95117 homes fall into is $50,000 to $99,999 (0.3% of homes).

Home Values in ZIP Code 95117

This chart visualizes the breakdown of home values in ZIP Code 95117, California, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 95117 vs. home values in both the state of California and in the U.S. overall.

Home Values in ZIP Code 95117

See the table below for a regional comparison of home values in ZIP Code 95117.

Home Value ZIP 95117 California U.S.
Less than $50,000 1.3% 2.8% 6.9%
$50,000 to $99,999 0.3% 2.3% 12.0%
$100,000 to $149,999 1.2% 2.7% 13.3%
$150,000 to $199,999 1.1% 4.0% 14.0%
$200,000 to $299,999 0.4% 11.1% 19.6%
$300,000 to $499,999 6.7% 26.8% 19.3%
$500,000 to $999,999 38.4% 35.3% 11.4%
$1,000,000 or more 50.7% 15.2% 3.4%

Home Ages in ZIP Code 95117 (San Jose, CA)

Approximately 30.9% of homes in this San Jose, CA region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 95117 is about 131% higher than percentage of homes built in this time period in California overall (13.4% of homes), and is 192% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 24.0% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.6% of homes in this Santa Clara County ZIP Code were built in 2014 or later in ZIP Code 95117. In comparison, 1.7% of homes in California overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 95117

A detailed regional comparison of home ages in ZIP Code 95117.

Year Built ZIP 95117 California U.S.
2014 or later 0.6% 1.7% 2.5%
2010 to 2013 0.8% 1.7% 2.7%
2000 to 2009 3.5% 11.2% 14.0%
1990 to 1999 5.8% 10.9% 13.9%
1980 to 1989 10.1% 15.0% 13.4%
1970 to 1979 24.0% 17.6% 15.2%
1960 to 1969 30.9% 13.4% 10.6%
1950 to 1959 19.7% 13.4% 10.3%
1940 to 1949 3.8% 5.9% 4.9%
1939 or earlier 0.9% 9.1% 12.6%

Age of Homes in ZIP Code 95117

See the chart below for details on the age of homes in ZIP Code 95117, California, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 95117

Frequently asked questions about housing in this San Jose, CA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 95117.

1

What is the average home value ZIP Code 95117?

The median home value in ZIP Code 95117 (San Jose, CA) is $1,006,000.
2

Are homes expensive in ZIP Code 95117?

The median home value in 95117 ($1,006,000) is an estimated 99% higher than the aggregate median value of $505,000 in California, and is 363% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 95117?

The vacacy rate for owner-occupied housing in ZIP Code 95117 is 0.8%. This rate is 27% lower than the overall California owner-occupied vacancy rate of 1.1%. Additionally, the 95117 vacancy rate is 50% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 95117 have older homes or newer construction?

In ZIP Code 95117, about 30.9% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 24.0% of homes in the region were built in 1970 to 1979. In contrast, 0.6% of homes in 95117 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 95117? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 95117 than owner-occupied housing. Renter-occupied units make up 62.5% of housing, compared to 37.5% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 95117?

The vacacy rate for rental units in ZIP Code 95117 is 5.5%. This rate is 53% higher than the overall California vacancy rate of 3.6%. Additionally, the 95117 vacancy rate is 8% lower than the entire U.S. vacancy rate of 6.0%.