Oak Grove, San Jose Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Oak Grove, San Jose Market Snapshot

Oak Grove is shifting toward buyers. Here's where things stand:

Based on 25 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$607K
▼ Down 16.8% from August 2025
Down $123K from August 2025
Homes Sold
25
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,140/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,324
  • Property Tax$633
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
33 days
▲ 4 more days than in August 2025
Buyers have time to decide
Sale-to-List Ratio
98.7%
▼ Down from 100.3% in August 2025
Selling 1% below asking
% Sold Over Asking
29%
Only 29% sold above asking. Few bidding wars right now
Active Listings
20
▲ Up 13.4% from August 2025
About 2.5 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Oak Grove.

Median Sale Price
Down 16.8% year-over-year in Oak Grove. Based on 25 sales in the last 3 months.
Homes Sold
47% more homes sold than a year ago in Oak Grove.
Total Monthly Payment
Estimated monthly cost is down 15% from a year ago in Oak Grove, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Oak Grove, San Jose

Is now a good time to buy in Oak Grove, San Jose?

Oak Grove, San Jose currently leans toward buyers. Homes are sitting longer and sellers are more open to negotiation. It is a good time to take your time, request contingencies, and consider offering below asking.

How do Oak Grove, San Jose home prices compare to the Bay Area average?

At $607K, Oak Grove, San Jose's median sits about 66% below the Bay Area average of $1.78M. Oak Grove, San Jose is among the most accessible parts of the Bay Area.

Within San Jose, this area trades about 57% below the city-wide median of $1.40M.

By home type:

  • Condos at $590K
  • Single-family homes at $1.22M
What price range should I budget for in Oak Grove, San Jose?

Prices in Oak Grove, San Jose depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $590K
  • Single-family homes at $1.22M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Oak Grove, San Jose for buyers?

Oak Grove, San Jose currently leans toward buyers:

  • Homes sell about 1% below asking on average
  • 29% close above list price
  • 33 days typical time to go pending
  • 33% of listings have had a price reduction

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

What will my total monthly cost be on a median-priced Oak Grove, San Jose home?

At $607K with 20% down at 7.28%, your estimated total monthly cost is approximately $4,140:

  • $3,324 principal and interest
  • $633 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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