Palo Alto, CA—94306
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$3,263,000
1.9% YoY Growth
Household Income
$186,000
30.9% YoY Growth
Days on Market
32
2.0% Shorter YoY
Home Price Forecast
1.0%
Median Rent
$3,870
1.8% YoY Growth
1-Bed Rent
$2,700
4.5% YoY Growth
2-Bed Rent
$3,900
4.1% YoY Growth
3-Bed Rent
$7,000
13.5% YoY Growth
Other Zip Codes in Palo Alto, CA
Home Price Trends — Palo Alto, CA
As of Nov '25, the median home price in Palo Alto, CA is $3,263,000, with a year-over-year change of 1.9%. This indicates that home prices in Palo Alto, CA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $3,263,000 | 1.9% |
| Single Family | $3,428,000 | 1.8% |
| Condos | $1,141,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |