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City / Town Overview

Palo Alto, CA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Palo Alto, CA real estate market currently shows 140 active listings, with 51 pending sales. Homes are averaging 30.7 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 30.7 days on market compared to 22.2 days last year.

The median listing price has risen 5.1% year-over-year, from $2,520,220 to $2,648,881.

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

Palo Alto: 94302, 94304, 94309

University South: 94301

Midtown: 94303

Barron Park: 94306

Area Map

Market Overview

Active Listings
140
⇧ 10.2% vs 127 last year
Pending
51
36% pending ratio
Median Price
$2,648,881
⇧ 5.1% vs $2,520,220 last year
Average Price
$3,962,670
⇧ 2.8% vs $3,853,654 last year
Days on Market
30.7
⇧ 38.3% vs 22 days last year

Price Per Square Foot

Median $/sqft
$1,485
⇧ 4.9% vs $1,416/sqft last year
Median Home Size
1,849 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 %