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Palo Alto, CA Real Estate & Property Data

Palo Alto Real Estate Market Trends

Last Updated: April 22, 2025

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Palo Alto, CA. ATTOM offers up to date Palo Alto real estate data that is refreshed daily. Current market trends reveal that in the past year, 817 residential properties have been sold in Palo Alto, CA, with a median home price of $3,026,500. The average square footage of these properties is 1,973 sq ft, and the effective property tax rate is 0.59%. ATTOM is your one-stop-shop for detailed property data in Palo Alto, CA, providing you with the real estate information you need.

Palo Alto Real Estate Market Trends

Get property data for any address in Palo Alto, CA or the country:

Total Residential Properties 23,287

Total Commercial Properties 1,624

Avg. Home Age (Single Family Home) 66 Years

Avg. Square Feet (Single Family Home) 1,973

Total 2025 Residential Sales (year-to-date) 102

% of Homes Seriously Underwater (Q2 2025) 0.62%

Total 2024 Residential Sales 752

% of Equity Rich Homes (Q2 2025) 56.91%

Effective 2024 Property Tax 0.59%

Total Foreclosure Filings (year-to-date) 3

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Palo Alto, CA Real Estate Overview

In the last year, 817 residential properties were sold in Palo Alto, CA, with a median home value of $3,196,000. Palo Alto, CA has a total of 23,287 residential properties, including properties across 4 zip codes and 759 streets.

Median Sales Price i

$3,026,500

(Feb 2025)

+14.2%

year-over-year

y-o-y

February '25 Feb '25 $3,026,500
January '25 Jan '25 $3,636,250
December '24 Dec '24 $3,050,000
November '24 Nov '24 $3,325,000
October '24 Oct '24 $3,585,000
September '24 Sep '24 $3,400,250
August '24 Aug '24 $3,295,000
July '24 Jul '24 $2,565,000
June '24 Jun '24 $3,537,500
May '24 May '24 $3,172,500
April '24 Apr '24 $2,970,000
March '24 Mar '24 $3,000,000

Median Down Payment i

$967,812

(Feb 2025)

+38.3%

year-over-year

y-o-y

February '25 Feb '25 $967,812
January '25 Jan '25 $1,031,250
December '24 Dec '24 $700,000
November '24 Nov '24 $800,000
October '24 Oct '24 $1,150,000
September '24 Sep '24 $1,000,000
August '24 Aug '24 $740,000
July '24 Jul '24 $601,250
June '24 Jun '24 $1,061,250
May '24 May '24 $1,000,000
April '24 Apr '24 $985,000
March '24 Mar '24 $1,000,000

Number of Homes Sold i

61

(Feb 2025)

+56.4%

year-over-year

y-o-y

February '25 Feb '25 61
January '25 Jan '25 41
December '24 Dec '24 66
November '24 Nov '24 68
October '24 Oct '24 80
September '24 Sep '24 57
August '24 Aug '24 53
July '24 Jul '24 65
June '24 Jun '24 56
May '24 May '24 90
April '24 Apr '24 83
March '24 Mar '24 58

Number of Purchase Loans i

24

(Feb 2025)

-11.1%

year-over-year

y-o-y

February '25 Feb '25 24
January '25 Jan '25 25
December '24 Dec '24 42
November '24 Nov '24 36
October '24 Oct '24 54
September '24 Sep '24 37
August '24 Aug '24 40
July '24 Jul '24 47
June '24 Jun '24 42
May '24 May '24 53
April '24 Apr '24 53
March '24 Mar '24 36

Number of REFI Loans i

23

(Feb 2025)

-36.1%

year-over-year

y-o-y

February '25 Feb '25 23
January '25 Jan '25 28
December '24 Dec '24 40
November '24 Nov '24 58
October '24 Oct '24 65
September '24 Sep '24 25
August '24 Aug '24 34
July '24 Jul '24 34
June '24 Jun '24 20
May '24 May '24 31
April '24 Apr '24 24
March '24 Mar '24 16

Number of HELOC Loans i

6

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 11
December '24 Dec '24 13
November '24 Nov '24 8
October '24 Oct '24 18
September '24 Sep '24 12
August '24 Aug '24 9
July '24 Jul '24 14
June '24 Jun '24 16
May '24 May '24 7
April '24 Apr '24 15
March '24 Mar '24 12

Palo Alto, CA Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

94301

$3,196,000 $1,620.25/sqft
94303

$1,789,000 $1,044.34/sqft
94304

$3,044,375 $977.39/sqft
94306

$3,267,500 $1,651.48/sqft

Palo Alto, CA Foreclosure Activity

Total Foreclosure Filings i

February '25 Feb '25 N/A
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 7
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 1
June '24 Jun '24 2
May '24 May '24 4
April '24 Apr '24 1
March '24 Mar '24 3

Foreclosure Starts i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 6
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 2

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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