How much is a home worth in ZIP code 95116?

The typical home in 95116 is worth $948,443, based on the Zillow Home Value Index.

Are home values rising in 95116?

Home values in 95116 are down 3.5% over the past year, and up 3.2% a year over five years.

What is the typical rent in 95116?

A typical home in 95116 rents for about $2,900 a month, a gross rental yield of 3.7%.

What is the property tax rate in 95116?

The effective property tax rate in 95116 is 0.8% — roughly $7,747 a year on a typical home.

ZIP code 95116 has a population of 48,042 and a median household income of $85,818.

HousingHandbookReference data

…

U.S. ZIP Code · CA95116

Santa Clara County · San Jose-Sunnyvale-Santa Clara, CA

Typical home value

$948,443^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.5%
5-year / yr: +3.2%
10-year / yr: +5.9%

Relative price

vs U.S.: +233.9%
vs metro: -42.6%
vs state: +35.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 95116 is worth $948,443 — 42.6% below the San Jose-Sunnyvale-Santa Clara, CA median. Over the past year, values have fallen 3.5%. Homes here rent for a typical $2,900 a month — a 3.7% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,900^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $7,747^[3]

#Climate risk

FEMA National Risk Index ratings for Santa Clara County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 48,042^[3]
Median household income: $85,818^[3]

#Migration

Household moves in and out of Santa Clara County over a year, from IRS tax-return data.

Net migration: -9,835^[5]
Moved in: 43,577
Moved out: 53,412

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 16
Elementary: 12
Middle: 3
High: 1

San Jose High
High · Grades 9–12 · San Jose Unified
907 students
Rocketship Fuerza Community Prep
Elementary · Grades K–5 · Rocketship Fuerza Community Prep District
540 students
Rocketship Academy Brilliant Minds
Elementary · Grades K–5 · Rocketship Academy Brilliant Minds District
486 students
Aptitud Community Academy at Goss
Elementary · Grades K–8 · Alum Rock Union Elementary
409 students
Rocketship Discovery Prep
Elementary · Grades K–5 · Rocketship Discovery Prep District
401 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$34,799

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$4,796

Loan principal$758,754

Down payment$189,689

Total interest paid$967,750

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.15

Monthly cost to own$6,234

Monthly rent$2,900

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 25th percentile^[1]
Rental yield: 86th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 95116?: The typical home in 95116 is worth $948,443, based on the Zillow Home Value Index.
Are home values rising in 95116?: Home values in 95116 are down 3.5% over the past year, and up 3.2% a year over five years.
What is the typical rent in 95116?: A typical home in 95116 rents for about $2,900 a month, a gross rental yield of 3.7%.
What is the property tax rate in 95116?: The effective property tax rate in 95116 is 0.8% — roughly $7,747 a year on a typical home.
Who lives in 95116?: ZIP code 95116 has a population of 48,042 and a median household income of $85,818.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

95045 vs 95116 →
San Juan Bautista, CA
Typical home
$914,412
Gross yield
—
95122 vs 95116 →
San Jose, CA
Typical home
$1,001,673
Gross yield
3.8%
95112
San Jose, CA
Typical home
$1,024,493
Gross yield
3.5%
95110
San Jose, CA
Typical home
$844,528
Gross yield
4.4%
95020
Gilroy, CA
Typical home
$1,076,207
Gross yield
3.0%
95111
San Jose, CA
Typical home
$1,077,317
Gross yield
3.9%

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#Jump to section

U.S. ZIP Code · CA95116

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