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Centerwood Neighborhood of San Jose
Market Report

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Local News & Advice

Read helpful resources and articles related to the area.

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By Seb Frey, Broker Associate at Compass, Certified Senior Advisor (CSA) and Seniors Real Estate Specialist (SRES), CA…

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By Seb Frey, Broker Associate at Compass, Certified Senior Advisor (CSA) and Seniors Real Estate Specialist (SRES), CA…

Living in Centerwood, San Jose

Centerwood is a small residential tract in the Evergreen area of east San Jose, in the 95148 zip code, roughly a fifth of a square mile of curving streets and cul de sacs off Quimby Road and Norwood Avenue. The street names give it away, since nearly all of them end in “wood”: Centerwood Way, Allenwood Drive, Masonwood Street, Winwood Way, Archwood Circle and a string of courts like Brightwood and Rainwood. There is no separate village history here and no historic district, and I would rather be straight with you about that than hand you a manufactured origin story.

Centerwood Homes and Housing Stock

Most of the roughly 500 homes went up in the 1970s and 1980s, when Evergreen’s orchards and pastures were being converted into subdivisions, with a smaller group of newer homes built in the 2010s. They are detached single family houses, a mix of ranch style and Mediterranean influenced designs in one and two story versions, typically around 1,700 square feet with four bedrooms on lots in the 5,500 to 6,000 square foot range. Attached garages and multi car driveways are the norm.

Condition varies a great deal across a neighborhood like this, since some homes have been through full remodels and others are largely original with the kitchen to prove it. That spread is where the price differences come from, and it is also where a careful buyer finds opportunity. What you get everywhere is the established feel that comes from forty plus years of the same trees growing in the same front yards.

Centerwood Schools

Centerwood sits in the Evergreen School District, which runs TK through eighth grade, and nearby campuses include Norwood Creek Elementary and Quimby Oak Middle School. High school students are served by the East Side Union High School District, with Evergreen Valley High School close by. I still check the actual assignment before you write an offer, because listing remarks on this point are wrong often enough that I do not trust them.

Parks, Shopping and Getting Around

Boggini Park is the closest neighborhood park, and Lake Cunningham Park, 203 acres around a 50 acre lake, is about two miles north. The eastern foothills and the trails above Groesbeck Hill Park are close if you like to hike. For errands, Evergreen Plaza and the restaurants along South White Road cover the basics, Evergreen Village Square has shops and the Village Square branch library, and Eastridge Center is a short drive down Quimby Road.

VTA buses run along Quimby Road, and Capitol Expressway connects to Highway 101 and Interstate 680 for the drive to downtown or north San Jose. This is a driving neighborhood for most things, though, so plan on a car for daily life.

Is Centerwood a Good Fit for Downsizers?

It can be, if you pick the right house. The single story ranch homes on flat lots are the ones to target, since many of the Mediterranean style models are two story, and these simple floor plans tend to accept accessibility changes like a ground floor primary suite or a no step entry without much fuss. There are few condos inside the tract, but The Villages, an age restricted community in the Evergreen foothills, is a few miles southeast for anyone who wants a 55 and over setting. My guide to finding a single level home in Silicon Valley explains what to look for.

The city’s Active Adults 50 and Over program runs at the Evergreen Community Center on San Felipe Road, and Regional Medical Center of San Jose on Jackson Avenue is the nearest full service hospital, about fifteen minutes away. If you are 55 or older and selling a longtime home to buy another in California, Proposition 19 may let you keep your current tax base, and my Prop 19 calculator will give you a quick estimate.

The Centerwood Housing Market

With only about 500 homes, Centerwood sees just a handful of sales in any quarter, so short term numbers swing a lot. Redfin’s Centerwood data showed a median of about $1.38 million over the three months ending July 2026, based on a single sale, down sharply from the year before. That sits close to San Jose’s citywide median of about $1.3 million for the three months ending September 2026, and remodeled homes here can trade well above it. My San Jose home prices page tracks the trend, and my guide to living in San Jose covers the rest of the city, including greater Evergreen, Quimby and nearby Norwood.

Frequently Asked Questions About Centerwood

Where is Centerwood in San Jose?

Centerwood is a small tract in the Evergreen area of east San Jose, zip code 95148, off Quimby Road and Norwood Avenue. Most of its streets end in “wood,” such as Centerwood Way and Allenwood Drive.

What is the median home price in Centerwood?

Redfin showed a median of about $1.38 million over the three months ending July 2026, but that was a single sale. Because the tract is small, it is best judged against San Jose’s citywide median of about $1.3 million and recent comparable sales.

What schools serve Centerwood?

Centerwood is in the Evergreen School District for TK through eighth grade, with nearby schools including Norwood Creek Elementary and Quimby Oak Middle. High school is in the East Side Union High School District, with Evergreen Valley High close by.

Is Centerwood good for retirees?

The single story ranch homes on flat lots work well for aging in place, and the Evergreen Community Center runs city senior programs. The Villages, a 55 and over community, is a few miles southeast if you want an age restricted setting.

What types of homes are in Centerwood?

Mostly detached single family homes from the 1970s and 1980s, in one and two story ranch and Mediterranean styles. A typical house is around 1,700 square feet with four bedrooms on a lot of about 5,500 to 6,000 square feet.

If you are looking in this part of San Jose, or you own a home here and are starting to think about what comes next, I am glad to give you an honest assessment. My practice is built around older adults and their families, so we usually talk about the whole move rather than just the number on the sign. Book a call with me whenever you like, and here is how I handle a sale.

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"I help Long-Time Bay Area Homeowners make their next move their best one yet." -Seb Frey, REALTOR®

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