Palo Alto, CA Home Values & Market Trends

Real estate market trends reflect that there have been 701 transactions over the past year in Palo Alto. The median value for residential home transactions that occurred over the previous year is $3,602,038. The number of current listings in Palo Alto is 592, and the percentage of properties for sale in the city is 592.00%. Palo Alto, CA currently has 4 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 592 properties for sale.

Palo Alto, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
94303

$ 1,342,662

$ 1,049/sqft

94301

$ 4,293,462

$ 2,189/sqft

94306

$ 3,258,953

$ 1,933/sqft

94304

$ 5,096,643

$ 1,509/sqft

Housing Market Summary for Palo Alto, CA

Sep 2025September 2026Change
Median Listing Price$3.4M$3M-12.79%
Median Sold Price$3.4M$3.3M-1.04%
Homes For Sale29657794.93%
Homes Sold446380-14.80%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Palo Alto, CA

Palo Alto home values range from $176,882 to $24,409,680. The median estimated value of a home in Palo Alto is $3,602,038. The median list price of a home is 2,998,888, and the total count of properties in the city is 975.

Foreclosure
There are 4 zips within Palo Alto, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $4,916,609 in 94303 to the lowest value of $557,883 in 94303. Foreclosure homes account for 0.00% of properties in Palo Alto, CA with 94303 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.41% of all residential properties in Palo Alto, CA with 94303 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Palo Alto, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $3,733,234 in 94301 to the lowest home value of $557,883 in 94303.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Palo Alto, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Palo Alto, CA. There are 4 zips within Palo Alto, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Palo Alto, CA. Auction homes and other auction properties account for 0% of all properties in Palo Alto, CA. There are 4 zips within Palo Alto, CA; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 60.72% of residential properties in Palo Alto, CA with 94303 containing 326 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Palo Alto, CA; homes for sale in those zips, have a range of median values from $10,617,344 in 94304 to the lowest value of $422,942 in 94303.
    Sold Homes
    The median value for recently sold homes ranges from $1,214,000 in 94304 to the lowest price of $176,882 in 94304. There are 4 zips within Palo Alto, CA. 94303 has 205 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 38.46% of properties in Palo Alto, CA.

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      Guide for Palo Alto, CA

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.