Palo Alto Real Estate Market
Live single-family home prices, trends, and inventory for Palo Alto, updated monthly. Free, with neighborhood-level detail and plain-English context.
Data through May 2026 · Source: Redfin · Single-family homes
Median price
$4.30M+3.6%
Price / sq ft
$2,356+3.3%
Sale / list
108.7%Over ask
Days on market
11Median
Active listings
35This month
Homes sold
53Last month
Palo Alto Price Trend
Trailing 12 months · Median sale pricePalo Alto Neighborhoods
Where the numbers diverge inside Palo Alto — the detail county-level reports miss.
Modeled from citywide data — not independently reported per-neighborhood figures.
NeighborhoodMedian$/sq ftYoY
Crescent Park
$5.07M
$2,780
+3.0%
Old Palo Alto
$4.47M
$2,450
+3.5%
Professorville
$3.87M
$2,120
+4.0%
Barron Park
$3.44M
$1,885
+4.5%
Palo Alto Market FAQ
The median single-family home price in Palo Alto is $4.30M as of May 2026, +3.6% year over year. Homes are currently selling at 108.7% of list price, after a typical 11 days on the market. Median is a useful headline, but pair it with price-per-square-foot ($2,356) and the sale-to-list ratio for a true read.
Palo Alto is firmly a seller's market. With homes closing at 108.7% of asking and only 11 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 11 days from list to accepted offer, with 35 active listings and 53 closed sales last month. Days-on-market tends to rise seasonally in late fall and tighten each spring.
What This Means for You
At $4.30M, Palo Alto sits +3.6% above this time last year. With homes selling at 108.7% of list in about 11 days, sellers hold a clear edge — well-priced listings are still drawing competing offers. The 53 sales last month against 35 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.