Why Live in Makati
Makati is a suburban enclave in South San Jose, home to the Terrace Villas condo community that's known for its affordability and amenities. Built in the 1980s, these condominiums are set in a contemporary park-like environment and feature a clubhouse, pool, and spa. The area attracts first-time buyers and retirees due to its lower home prices compared to the rest of San Jose, with median sale prices around the mid $500,000s. Makati is conveniently located near several parks, including Ramac Park and Raleigh Linear Park, which offer playgrounds, sports fields, and shaded walkways. Shopping is accessible with nearby big-box stores like Target and Safeway on Cottle Road, and the Orchard Town and Country shopping mall, which features a variety of dining options and services. The neighborhood is also close to Kaiser Permanente San Jose Medical Center, providing easy access to healthcare. Commuting is facilitated by Valley Transportation Authority (VTA) bus routes, light rail, U.S. Route 101, state Routes 82 and 85, and Caltrain, connecting residents to downtown San Jose and Silicon Valley's tech hubs. The Oak Grove School District serves younger students, while older students attend Oak Grove High School in the East Side Union High School District. Additionally, there are private and charter school options like Apostles Lutheran School and Summit Tahoma.
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 is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. 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.
Is Makati, CA a safe neighborhood?
Makati, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Makati?
The median home price in Makati is $510,000. If you put a 20% down payment of $102,000 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $2,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $106K a year to afford the median home price in Makati. Learn how much home you can afford with our
Home Affordability Calculator. 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 9% in the last 12 months.
Home Trends in Makati, CA
On average, homes in Makati, San Jose sell after 40 days on the market compared to the national average of 54 days. The median sale price for homes in Makati, San Jose over the last 12 months is $522,500, down 22% from the median home sale price over the previous 12 months.
Median Sale Price
$522,500
Median 2 Bedroom Sale Price
$609,944
Median 1 Bedroom Sale Price
$470,000
Average Price Per Sq Ft
$662
Number of Homes for Sale
5
Last 12 months Home Sales
10
Median List Price
$510,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-22%