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
    Number of homes in Palo Alto that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • 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.
  • $2,032,400
  • 16.3%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Palo Alto.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
26374
0.6%
5.4%
16.3%
2032400
416175
-0.0%
1.5%
18.7%
1905800
343613
0.9%
4.0%
18.6%
2106900
343616
343607
0.6%
6.0%
22.1%
1652900
416178
2.2%
10.6%
28.8%
1801200
416177
343609
1.2%
9.8%
26.1%
3591400
343610
-0.7%
0.9%
14.7%
1594500
343620
-0.0%
3.6%
12.8%
2164800
343615
343612
-3.3%
-0.3%
18.4%
1088500
343617
416176
343614
0.8%
6.1%
9.2%
2077300
416706
0.3%
1.8%
13.3%
1863100
343619
-1.1%
3.5%
18.4%
2927200
343608
0.4%
5.4%
20.3%
1912900
416705
343611
1.4%
9.0%
21.9%
3545800
416704
416399
-0.0%
2.3%
14.3%
2116800
343623
416707
0.8%
6.9%
23.4%
1937100
343622
416708
416174
343618
343621
1.4%
8.8%
26.9%
1796000
343606
1.3%
5.3%
21.9%
1479000
 
Zillow Home Value IndexY-o-Y
Palo Alto$2,032,40016.3%
Los Altos Hills$3,562,10016.8%
Stanford$2,484,10010.2%
Los Altos$2,234,80012.9%
Mountain View$1,149,10015.1%
Loyola$2,656,70019.1%
Mortgage Rates
 
Homes for Sale
  1. 1321 Hopkins Ave, Palo Alto, CA Home For Sale
    1321 Hopkins Ave, Palo Alto, CA 94301

     For Sale: $1,050,000

    • Beds: 2
    • Sqft: 960
    • Baths: 2.0
    • Lot: 3675
  2. 24797 Northcrest Ln, Los Altos, CA Home For Sale
    24797 Northcrest Ln, Los Altos, CA 94024

     For Sale: $2,100,000

    • Beds: 4
    • Sqft: 2625
    • Baths: 3.0
    • Lot: 70132
  3. 468 Loreto St, Mountain View, CA Home For Sale
    468 Loreto St, Mountain View, CA 94041

     For Sale: $1,385,000

    • Beds: 3
    • Sqft: 1477
    • Baths: 1.0
    • Lot: 4999
Coming Soon
  1. 900 Camille Ln, Mountain View, CA ComingSoon Home
    900 Camille Ln, Mountain View, CA 94040

     Coming Soon: $1.10M

    • Beds: 3
    • Sqft: 2129
    • Baths: 3.0
    • Lot: 2178
  2. 765 San Antonio Rd APT 52, Palo Alto, CA ComingSoon Home
    765 San Antonio Rd APT 52, Palo Alto, CA 94303

     Coming Soon: $799K

    • Beds: 2
    • Sqft: 1030
    • Baths: 2.0
    • Lot: 1144
  3. 260 Ventura Ave, Palo Alto, CA ComingSoon Home
    260 Ventura Ave, Palo Alto, CA 94306

     Coming Soon: $998K

    • Beds: 2
    • Sqft: 1112
    • Baths: 1.5
    • Lot: 936
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