All Home Types
Palo Alto, CA Housing Market
What is the housing market like in Palo Alto today?
In January 2025, Palo Alto home prices were down 29.9% compared to last year, selling for a median price of $2.1M. On average, homes in Palo Alto sell after 76 days on the market compared to 19 days last year. There were 17 homes sold in January this year, down from 22 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,090,000
-29.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Palo Alto, CA
$2,090,000
-29.9%
United States
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Palo Alto Migration & Relocation Trends
In Dec '24 - Feb '25, 25% of Palo Alto homebuyers searched to move out of Palo Alto, while 75% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Palo Alto from outside metros.
- Knoxville homebuyers searched to move into Palo Alto more than any other metro followed by Honolulu and Santa Barbara.
Where are people moving to Palo Alto from?
- 75% of Palo Alto homebuyers searched to stay within the Palo Alto metropolitan area.
- Sacramento was the most popular destination among Palo Alto homebuyers followed by Los Angeles and San Diego.
Where are people from Palo Alto moving to?
Number of People Moving to Palo Alto
least
most
People are moving to Palo Alto from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,063 | ||
| 2 | 806 | ||
| 3 | 568 | ||
| 4 | 117 | ||
| 5 | 89 | ||
| 6 | 86 | ||
| 7 | 10 | ||
| 8 | 8 | ||
| 9 | 4 | ||
| 10 | 1 | ||
People are leaving Palo Alto for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 12,787 | ||
| 2 | 3,244 | ||
| 3 | 2,074 | ||
| 4 | 1,975 | ||
| 5 | 1,763 | ||
| 6 | 1,570 | ||
| 7 | 1,557 | ||
| 8 | 1,207 | ||
| 9 | 1,205 | ||
| 10 | 1,139 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palo Alto.
Provided by First Street Foundation
Transportation in Palo Alto
Learn about the walkability, bikeability, and transit-friendliness of Palo Alto
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Biker's Paradise
Bike Score®
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