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City / Town Overview

Palo Alto, CA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Palo Alto, CA real estate market currently shows 147 active listings, with 54 pending sales. Homes are averaging 23.8 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 23.8 days on market compared to 26.2 days last year.

The median listing price has fallen 0.3% year-over-year, from $2,580,060 to $2,571,539.

Whether you are buying or selling in Palo Alto, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 97,522  ·  Density: 2,342.7/mi²  ·  Median household income: $173,773

Typical home value: $1,810,203  ·  Homeownership: 54.4%

Included Areas

University South: 94301, 94302

Palo Alto: 94304, 94309

Midtown: 94303

Barron Park: 94306

Area Map

Market Overview

Active Listings
147
⇧ 7.3% vs 137 last year
Pending
54
37% pending ratio
Median Price
$2,571,539
⇩ 0.3% vs $2,580,060 last year
Average Price
$3,947,311
⇧ 4.7% vs $3,768,707 last year
Days on Market
23.8
⇩ 9.2% vs 26 days last year

Price Per Square Foot

Median $/sqft
$1,438
⇧ 6.2% vs $1,353/sqft last year
Median Home Size
1,702 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %