The median sale price of a home in Palo Alto was $101K last month, down 3.8% since last year. The median sale price per square foot in Palo Alto is $114, up 17.5% since last year.
What is the housing market like in Palo Alto today?
In September 2024, Palo Alto home prices were down 3.8% compared to last year, selling for a median price of $101K.
$101K
Sale Price
-3.8% since last year
$114
Sale $/Sq. Ft.
+17.5% since last year
Over List Price
1%
Days on Market
34
Down Payment
—
Total Homes Sold
4
To compare other locations to the 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Palo Alto Migration & Relocation Trends
No data on migration and relocation available in this area right now
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 Palo Alto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palo Alto.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palo Alto has a minor risk of flooding. 14 properties in Palo Alto are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Palo Alto. Flood risk is increasing slower than the national average.
82% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palo Alto has a moderate risk of wildfire. There are 524 properties in Palo Alto that have some risk of being affected by wildfire over the next 30 years. This represents 82% of all properties in Palo Alto.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Palo Alto has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palo Alto is most at risk from hurricanes. 639 properties in Palo Alto have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.