Home Values

Menlo Park Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$1,896,600

  • 17.4% 1-year change
  • 7.7% 1-year forecast

The median home value in Menlo Park is $1,896,600. Menlo Park home values have gone up 17.4% over the past year and Zillow predicts they will rise 7.7% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Menlo Park 1.4 homes are foreclosed (per 10,000). This is greater than the San Francisco Metro value of 1.3 and also lower than the national value of 3.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Menlo Park is 0.0%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Menlo Park homeowners underwater on their mortgage is 1.4%, which is lower than San Francisco Metro at 6.1%.

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Relative ZHVI
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Menlo Park Market Overview

Data through Jun 30, 2015
  • $1,896,600 ZHVI
  • 7.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $1,861,250 Median sale price
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Menlo Park Market Health

Data through Jun 30, 2015
  • 9.8/10 Very healthy
    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 days on Zillow
  • 1.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 Menlo Park
1 San Francisco Metro
4 United States
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Nearby Cities

Name Median ZHVI
Atherton $4,610,600
Los Altos Hills $3,424,800
Stanford $2,449,600
Name Median ZHVI
Palo Alto $1,944,200
Emerald Lake Hills $1,662,100
San Carlos $1,259,900
Name Median ZHVI
Redwood City $983,600
North Fair Oaks $572,600
East Palo Alto $472,200

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $1,191 Median sale price / sq ft
  • No data Listings with price cut
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Menlo Park Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $5,379 Menlo Park
    $3,237 San Francisco Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $3.59 Rent list price / sq ft
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