The Midtown Palo Alto housing market is most competitive. The median sale price of a home in Midtown Palo Alto was $3.2M last month, up 0.5% since last year. The median sale price per square foot in Midtown Palo Alto is $1.92K, down 4.5% since last year.
What is the housing market like in Midtown Palo Alto today?
In April 2024, Midtown Palo Alto home prices were up 0.5% compared to last year, selling for a median price of $3.2M. On average, homes in Midtown Palo Alto sell after 9 days on the market compared to 25 days last year. There were 19 homes sold in April this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,200,000
+0.5% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Midtown Palo Alto, CA
$3,200,000
+0.5%
United States
To compare other locations to the Midtown Palo Alto and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palo Alto add value to a home.
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How hot is the Midtown Palo Alto housing market?
Midtown Palo Alto is most competitive. Homes sell in 9 days.
0
100
93
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 9% above list price and go pending in around 9 days.
Hot homes
can sell for about 21% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Midtown Palo Alto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Midtown Palo Alto.
Risk Factor
Flood Factor - Extreme
69% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Midtown Palo Alto has an extreme risk of flooding. 1,500 properties in Midtown Palo Alto are likely to be
severely affected
by flooding over the next 30 years. This represents 69% of all properties in Midtown Palo Alto. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
Midtown Palo Alto has a moderate risk of wildfire. There are 2,336 properties in Midtown Palo Alto that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in Midtown Palo Alto.
Midtown Palo Alto has minimal risk of severe winds over the next 30 years
Wind Factor
Midtown Palo Alto has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Midtown Palo Alto has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Midtown Palo Alto have a Moderate Heat Factor®.
Midtown Palo Alto is expected to see a 100% increase in the number of days over 90ºF over the next 30 years. Midtown Palo Alto is expected to experience 7