Palo Alto Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Palo Alto. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Palo Alto, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Palo Alto. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Palo Alto. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Palo Alto. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Palo Alto during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Palo Alto, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Palo Altos list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Palo Altos sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Palo Alto, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Palo Altos rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Palo Alto (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Palo Alto whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Palo Alto whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Palo Alto that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    The number of homes in the Palo Alto per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Palo Alto where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Palo Alto whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Palo Alto whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Palo Alto that were sold in the past 12 months.
  • $1,725,300
  • 25.6%Y-o-Y
  • Calculated 05/15/2013*
  • *Includes data and transactions through 04/30/2013
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This data is not available for Palo Alto.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Apr 2013
26374
1.8%
7.1%
25.6%
1725300
416175
2.9%
9.2%
24.0%
1585800
343613
-0.3%
2.8%
15.9%
1781300
343616
343607
2.1%
8.9%
32.9%
1441600
416178
416177
2.5%
9.6%
35.8%
2604000
343609
2.7%
8.2%
28.8%
2947400
343610
2.8%
9.7%
24.2%
1273300
343620
1.1%
5.0%
31.7%
1950200
343615
343612
2.5%
7.5%
32.7%
929400
343617
416176
343614
0.8%
5.5%
20.4%
1889100
416706
2.6%
9.1%
21.1%
1643400
343619
343608
2.3%
8.1%
29.1%
1638200
416705
343611
3.2%
9.3%
33.6%
2826700
416704
416399
3.7%
10.6%
26.2%
1780600
343623
416707
1.9%
6.4%
26.8%
1610900
343622
416708
416174
343618
343621
3.2%
9.9%
25.1%
1376600
343606
1.7%
7.6%
25.7%
1278800
Zillow Home Value IndexY-o-Y
Palo Alto$1,725,30025.6%
Los Altos Hills$3,213,60029.9%
Stanford$1,813,20027.7%
Los Altos$2,028,30025.6%
Mountain View$974,50025.2%
Loyola$2,321,50020.2%
Mortgage Rates
Homes for Sale
  1. 1540 Gilmore St, Mountain View, CA Home For Sale
    1540 Gilmore St, Mountain View, CA 94040

     For Sale: $1,298,000

    • Beds: 3
    • Sqft: 1353
    • Baths: 2.0
    • Lot: 4929
  2. 54 View St, Los Altos, CA Home For Sale
    54 View St, Los Altos, CA 94022

     For Sale: $2,980,000

    • Beds: 3
    • Sqft: 2911
    • Baths: 5.0
    • Lot: 10018
  3. 78 N Avalon Dr, Los Altos, CA Home For Sale
    78 N Avalon Dr, Los Altos, CA 94022

     For Sale: $1,980,000

    • Beds: 5
    • Sqft: 2575
    • Baths: 4.0
    • Lot: 12825