Palo Alto Real Estate Market
Live single-family home prices, trends, and inventory for Palo Alto, updated monthly from MLS sales records. Free, with neighborhood-level detail and plain-English context.
Last updated Jul 2, 2026 · Source: MLSListings · Single-family homes
Median price
$3.55M+4.2%
Price / sq ft
$2,050+3.9%
Sale / list
106.5%Over ask
Days on market
12Median
Active listings
41This month
Homes sold
34Last month
Palo Alto Price Trend
Trailing 12 months · Median sale pricePalo Alto Neighborhoods
Where the numbers diverge inside Palo Alto — the detail county-level reports miss.
NeighborhoodMedian$/sq ftYoY
Crescent Park
$4.19M
$2,419
+3.6%
Old Palo Alto
$3.69M
$2,132
+4.1%
Professorville
$3.20M
$1,845
+4.6%
Barron Park
$2.84M
$1,640
+5.1%
Palo Alto Market FAQ
The median single-family home price in Palo Alto is $3.55M as of Jul 2, 2026, +4.2% year over year. Homes are currently selling at 106.5% of list price, after a typical 12 days on the market. Median is a useful headline, but pair it with price-per-square-foot ($2,050) and the sale-to-list ratio for a true read.
Palo Alto is firmly a seller's market. With homes closing at 106.5% of asking and only 12 days on market, well-priced listings draw multiple offers. Buyers should expect to compete and move decisively.
Right now homes in Palo Alto sell in about 12 days from list to accepted offer, with 41 active listings and 34 closed sales last month. Days-on-market tends to rise seasonally in late fall and tighten each spring.
What This Means for You
At $3.55M, Palo Alto sits +4.2% above this time last year. With homes selling at 106.5% of list in about 12 days, sellers hold a clear edge — well-priced listings are still drawing competing offers. The 34 sales last month against 41 active listings keep supply tight.
The headline median hides real variation block to block — the neighborhood table above shows spreads of hundreds of dollars per square foot inside Palo Alto alone. If you're weighing a move, anchor on price-per-square-foot for your specific area and the sale-to-list trend rather than the citywide average.
Get a free, no-obligation valuation tuned to your exact street — not a county average.