Midtown Home Prices & Values

$1,906,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 22.4% 1-year change
  • 11.7% 1-year forecast

The median home value in Midtown is $1,906,600. Midtown home values have gone up 22.4% over the past year and Zillow predicts they will rise 11.7% within the next year. The median list price per square foot in Midtown is $894, which is lower than the Palo Alto average of $1,080. The median price of homes currently listed in Midtown is $1,599,000 while the median price of homes that sold is $1,686,412.

Foreclosures will be a factor impacting home values in the next several years. In Midtown 2.5 homes are foreclosed (per 10,000). This is greater than the Palo Alto value of 0.7 and also lower than the national value of 4.8

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Relative ZHVI
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Midtown Market Overview

Data through May 31, 2014
  • $1,906,600 ZHVI
  • 11.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $1,599,000 Median listing price
  • No recent data Median sale price
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Midtown Market Health

Data through May 31, 2014
  • 9.5/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Old Palo Alto $3,301,600 Community Center $2,902,900 Jordan Jr. Hgh School $2,878,900
Duveneck - St. Francis $2,097,000 Palo Verde $2,076,600 Adobe Meadow - Meadow Park $1,876,400
South of Midtown $1,837,300 Ventura $1,412,400 Evergreen Park $1,117,500

Listings & Sales

Data through May 31, 2014
  • $894 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No recent data Listings with price cut
3.9%
Sold below listing
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Midtown Rentals

Data through May 31, 2014
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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