East Palo Alto, CA—94303
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Palo Alto, CA
As of Oct '25, the median home price in East Palo Alto, CA is $2,056,000, with a year-over-year change of -0.8%. This indicates that home prices in East Palo Alto, CA are flat. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,056,000 | -0.8% |
| Single Family | $2,347,000 | -0.2% |
| Condos | $907,000 | -6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $669,000 | -8.5% |
2 Bed | $913,000 | -4.1% |
3 Bed | $1,701,000 | -1.2% |
4 Bed | $3,471,000 | 0.5% |
| 5 Bed | $4,059,000 | -1.0% |
% of Housing Stock
Rental Trends — East Palo Alto, CA
As of July '25, Rentcast reports the average rent in East Palo Alto, CA is $4,890, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in East Palo Alto, CA is studios: $2,010, 1-bedrooms: $2,700, 2-bedrooms: $3,930, 3-bedrooms: $5,980, 4-bedrooms: $7,680. The most common rental property sizes in East Palo Alto, CA are 1-bedroom and 3-bedroom, accounting for 27.1% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,890 |
| Studio Rent | $1,750 | $2,010 |
| 1 Bed Rent | $2,930 | $2,700 |
| 2 Bed Rent | $3,500 | $3,930 |
| 3 Bed Rent | $5,750 | $5,980 |
| 4 Bed Rent | $8,500 | $7,680 |
% of Rental Stock
Property Listings — East Palo Alto, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in East Palo Alto, CA is 41. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,710,000 | 1.0% |
Listing Count | 54 | 27.0% |
| Listings as % of Homes | 0.2% | 27.0% |
Days on Market | 41 | 18.0% |
Demographics — East Palo Alto, CA
As of the latest ACS Survey released in 2023, East Palo Alto, CA has a population of 47,100, which has decreased by -1.9% over the past 5 years. East Palo Alto, CA is a moderately popular place for families, as children make up 24.1% of the population. The area has a highly educated workforce, with 48.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,100 | -1.9% |
% Under 18 | 24.1% | -12.7% |
% Seniors | 12.4% | 18.1% |
% WFH | 20.2% | 312.2% |
% w/ College Degree | 48.4% | 4.5% |
As of the latest ACS Survey released in 2023, East Palo Alto, CA is a predominantly hispanic area, with 40.2% of the population identifying as hispanic. The hispanic population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in East Palo Alto, CA is white, making up 22.4% of the population. Foreign-born residents account for 41.3% of the population in East Palo Alto, CA, and this percentage has increased by 5.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.4% | -7.4% |
% Black | 8.3% | 9.2% |
% Hispanic | 40.2% | 0.5% |
% Asian | 21.7% | 17.9% |
% Foreign Born | 41.3% | 5.6% |
Mortgage and Risk — East Palo Alto, CA
According to HUD data as of 2023, there were 322 mortgage originations in East Palo Alto, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in East Palo Alto, CA. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 322 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — East Palo Alto, CA
As of 2024, the percent of homes in East Palo Alto, CA under the Section 8 program is 12.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East Palo Alto, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 661 |
Total Units Section 8 | 661 |
% Rentals under Section 8 | 12.7% |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $2,930 | $2,550 |
| 2 Bedroom | -$470 | $3,500 | $3,030 |
| 3 Bedroom | -$1,940 | $5,750 | $3,810 |
| 4 Bedroom | -$4,410 | $8,500 | $4,090 |
Affordability — East Palo Alto, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 13.3 |
| Median Home Price | $2,056,000 |
| Median Household Income | $148,000 |