Palo Alto, CA—94301
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$4,339,000
6.1% YoY Growth
Household Income
$236,000
53.2% YoY Growth
Days on Market
28
20.0% Shorter YoY
Home Price Forecast
0.3%
Median Rent
$4,010
0.9% YoY Growth
1-Bed Rent
$3,790
17.7% YoY Growth
2-Bed Rent
$4,900
9.2% YoY Growth
3-Bed Rent
$7,450
7.4% YoY Growth
Other Zip Codes in Palo Alto, CA
Home Price Trends — Palo Alto, CA
As of May '26, the median home price in Palo Alto, CA is $4,339,000, with a year-over-year change of 6.1%. This indicates that home prices in Palo Alto, CA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $4,339,000 | 6.1% |
| Single Family | $4,771,000 | 7.5% |
| Condos | $1,562,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |