Why Live in Makati
Makati in San Jose is a neighborhood characterized by its Terrace Villas condominiums, which date back to the 1980s and feature a contemporary style with earth-toned vinyl siding and concrete facades. These condominiums are part of a planned community with amenities such as a pool, community room, hot tub, and security guard. The area is pedestrian-friendly with minimal through traffic. Residents enjoy proximity to Ramac Park, a 10-acre space with a playground, walking paths, and athletic facilities, and Santa Teresa County Park, which offers extensive hiking trails. The Southside Community Center across the street provides educational programs and fitness classes. Dining options include Bill’s Café, Castillo’s Mexican Restaurant, and Greek Spot, while shopping needs are met by nearby Orchard Town and Country mall and retail stores like Target and Marshalls. Monthly events like Beautification Days at Santa Teresa Park and various downtown San Jose activities add to the community spirit. Commuters benefit from easy access to Highway 85, local bus services, Caltrain, and the Cottle Light Rail Station. The San Jose Mineta International Airport is 12 miles away, and Kaiser Permanente San Jose Medical Center is less than a mile from the neighborhood. Oak Grove High School, a highly rated institution, offers numerous Advanced Placement programs and a robust performing arts department.
Frequently Asked Questions
Is Makati a good place to live?
Makati is a good place to live. Makati is considered fairly walkable and very bikeable with some transit options. Makati has 7 parks for recreational activities. It is fairly dense in population with 13.7 people per acre and a median age of 43. The average household income is $156,386 which is above the national average. College graduates make up 64.5% of residents. A majority of residents in Makati are home owners, with 34.2% of residents renting and 65.8% of residents owning their home. A
local real estate agent serving Makati can help you decide if this neighborhood is the right one for you. Learn more on our
Makati neighborhood guide.
How much do you need to make to afford a house in Makati?
The median home price in Makati is $499,499. If you put a 20% down payment of $99,900 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Makati. The average household income in Makati is $156K.
What are the best public schools in Makati?
The best public schools that serve Makati are:
What are the best private schools in Makati?
The best private schools that serve Makati are:
What are the most popular zip codes in Makati, San Jose, CA?
What are the most popular neighborhoods near Makati, San Jose, CA?
Are home prices dropping in Makati?
Yes, home prices in Makati are down 11% in the last 12 months.
Home Trends in Makati, CA
On average, homes in Makati, San Jose sell after 27 days on the market compared to the national average of 52 days. The median sale price for homes in Makati, San Jose over the last 12 months is $565,000, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$565,000
Median 2 Bedroom Sale Price
$615,000
Median 1 Bedroom Sale Price
$499,000
Average Price Per Sq Ft
$725
Number of Homes for Sale
4
Last 12 months Home Sales
8
Median List Price
$499,499
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-16%