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PORTOLA VALLEY, CA 94028

Real Estate Market Report  ·  San Mateo County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
vs 15 last year
Pending
2
13% pending ratio
Median Price
$3,998,000
⇩ 8% vs $4,345,750 last year
Average Price
$5,151,231
⇩ 11.9% vs $5,845,546 last year
Days on Market
72
⇧ 9.1% vs 66 days last year

Market Context

Population: 6,888  ·  Density: 153.5/mi²  ·  Median household income: $243,516

Typical home value: $2,000,000  ·  Homeownership: 83.2%

Market Analysis

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

The PORTOLA VALLEY, CA real estate market (94028) currently shows 15 active listings, with 2 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 72 days on market compared to 66 days last year.

The median listing price has fallen 8% year-over-year, from $4,345,750 to $3,998,000.

Whether you are buying or selling in PORTOLA VALLEY, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 72 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $3,998,000 (-8% YoY)
  • Average: $5,151,231 (-11.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 166 listings ($528,870,812 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94028Portola Valley, CA 940280.0 mi15$77,268,465$3,998,000$5,151,231
94305Stanford, CA 943053.6 mi3$2,364,000$788,000$788,000
94306Palo Alto, CA 943065.3 mi24$60,927,816$1,999,000$2,538,659
94027Atherton, CA 940275.5 mi8$107,913,000$13,874,000$13,489,125
94301Palo Alto, CA 943015.9 mi9$58,649,004$3,475,000$6,516,556
94020La Honda, CA 940206.2 mi3$5,370,000$850,000$1,790,000
94040Mountain View, CA 940406.9 mi11$19,705,125$1,440,000$1,791,375
94041Mountain View, CA 940417.5 mi7$20,162,800$2,709,000$2,880,400
94063Redwood City, CA 940638.2 mi11$12,918,829$1,144,000$1,174,439
95014Cupertino, CA 950148.6 mi25$77,975,375$3,143,444$3,119,015
94087Sunnyvale, CA 940879.7 mi20$42,122,540$1,860,000$2,106,127
94085Sunnyvale, CA 9408510.7 mi22$31,325,954$1,548,500$1,423,907
94089Sunnyvale, CA 9408911.1 mi8$12,167,904$1,499,000$1,520,988

Frequently Asked Questions

How many homes are for sale in PORTOLA VALLEY, CA 94028?

As of January 2026, there are 15 active listings in PORTOLA VALLEY, CA (zip code 94028), compared to 15 the prior year.

What is the median home price in PORTOLA VALLEY, CA 94028?

The median listing price in PORTOLA VALLEY, CA 94028 is $3,998,000 as of January 2026, a 8% decrease from $4,345,750 the prior year.

How long do homes stay on the market in PORTOLA VALLEY, CA?

Homes in PORTOLA VALLEY, CA 94028 spend an average of 72 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in PORTOLA VALLEY, CA 94028?

Based on current inventory and days-on-market data as of January 2026, PORTOLA VALLEY, CA 94028 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 72 days on market compared to 66 days last year.

How much can I save on real estate commission in PORTOLA VALLEY, CA?

With SELL123.com's maximum 3% commission, sellers in PORTOLA VALLEY, CA 94028 save an estimated $79,960 compared to a typical 5% commission on the median listing price of $3,998,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.