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College Terrace Oak Creek Palo Alto Hills Research Park Stanford Weekend Acres University (Stanford University)

PALO ALTO, CA 94304

Real Estate Market Report  ·  Santa Clara County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94304

College Terrace · Oak Creek · Palo Alto Hills · Research Park · Stanford Weekend Acres · University (Stanford University)

Market Analysis

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

The PALO ALTO, CA real estate market (94304) currently shows 5 active listings, with 3 pending sales. Homes are averaging 9 days on the market before going under contract.

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: 4,489  ·  Density: 360.6/mi²  ·  Median household income: $159,637

Typical home value: $2,000,000  ·  Homeownership: 22.4%

Market Overview

Active Listings
5
Pending
3
60% pending ratio
Median Price
$6,795,000
Average Price
$6,795,000
Days on Market
9

Price Per Square Foot

Median $/sqft
$1,620
Median Home Size
3,392 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 445 listings ($1,220,114,067 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94304Palo Alto, CA 943040.0 mi2$15,998,000$7,999,000$7,999,000
94306Palo Alto, CA 943062.4 mi38$95,789,982$1,726,750$2,520,789
94022Los Altos, CA 940223.2 mi50$209,104,150$2,708,000$4,182,083
94025Menlo Park, CA 940253.8 mi64$232,941,952$2,572,500$3,639,718
94303Palo Alto, CA 943034.5 mi50$111,256,100$1,446,500$2,225,122
94024Los Altos, CA 940245.0 mi25$127,125,075$4,683,500$5,085,003
94043Mountain View, CA 940435.5 mi46$71,437,862$1,528,750$1,552,997
94063Redwood City, CA 940637.0 mi10$13,324,250$1,313,250$1,332,425
95014Cupertino, CA 950147.8 mi47$141,656,637$2,763,500$3,013,971
94086Sunnyvale, CA 940868.1 mi48$73,454,256$1,419,000$1,530,297
94020La Honda, CA 940208.3 mi4$8,760,332$2,182,500$2,190,083
94070San Carlos, CA 940708.9 mi41$93,004,851$1,826,000$2,268,411
94065Redwood City, CA 9406510.5 mi20$26,260,620$1,268,750$1,313,031

Frequently Asked Questions

How many homes are for sale in PALO ALTO, CA 94304?

As of March 2026, there are 5 active listings in PALO ALTO, CA (zip code 94304).

What is the median home price in PALO ALTO, CA 94304?

The median listing price in PALO ALTO, CA 94304 is $6,795,000 as of March 2026.

How long do homes stay on the market in PALO ALTO, CA?

Homes in PALO ALTO, CA 94304 spend an average of 9 days on the market before going under contract.

Is it a seller's or buyer's market in PALO ALTO, CA 94304?

Based on current inventory and days-on-market data as of March 2026, PALO ALTO, CA 94304 is currently a Balanced Market.

How much can I save on real estate commission in PALO ALTO, CA?

With SELL123.com's maximum 3% commission, sellers in PALO ALTO, CA 94304 save an estimated $135,900 compared to a typical 5% commission on the median listing price of $6,795,000. 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.