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Market Intelligence · CA / San Mateo County

Menlo Park, CA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$2.93M1-yr changeUp10.2%

The typical home value in Menlo Park, CA is $2.93M as of September 2026, up 10.2% from a year ago, based on the Zillow Home Value Index. In the typical Menlo Park ZIP code, the median list price is $2.57M and homes spend a median of 22 days on market as of September 2026 (Realtor.com).

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The coverage

Menlo Park, by the numbers.

Typical home valueZillow ZHVI, September 2026
$2.93M
1-yr changeMedian across Menlo Park ZIPs
+10.2%
ZIP markets live2 tracked in Menlo Park
1
County
San Mateo County

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12-month value trend

+10.2% over 12 months

Typical home value in Menlo Park over the last 12 months: $2.66M in Sep 2025 to $2.93M in Sep 2026 (+10.2%).

Sep 2025$2.66M

Sep 2026$2.93M

Median Zillow home value index across Menlo Park's ZIP codes.

Context

Menlo Park's housing market remains strong as of September 2026. The typical home value reached $2,934,751, up 10.2% over the past year. With 43 homes for sale and a median list price of $2,570,250, inventory remains tight. New listings totaled 50, while homes spent a median of 22 days on market. Only 5.0% of listings carried a price cut, reflecting sustained buyer interest. For homeowners considering a sale, the data suggests a market tilted toward sellers, though you should weigh current valuations against your personal timeline.

The numbers

What is the housing market like in Menlo Park, CA?

Typical home value

$2.93M

Up10.2%YoY

Median list price

$2.57M

Days on market

22

Homes for sale

43

Price cuts

5.0%

New listings

50

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Menlo Park's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Menlo Park, CA home prices over time

Typical home values in Menlo Park, CA are up 10.2% over the past year, from $2.66M in September 2025 to $2.93M in September 2026.

Typical home value in Menlo Park, CA, September of each year
MonthTypical value1-yr change
September 2026$2,934,751+10.2%
September 2025$2,663,486No prior year

Typical value is the median Zillow Home Value Index across Menlo Park ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Menlo Park, CA a buyer's or seller's market?

Menlo Park, CA leans toward a seller's market.

Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 22 days on market and 5% of listings with a price cut in the typical Menlo Park ZIP code, and 50 new listings against 43 active listings across Menlo Park, as of September 2026 (Realtor.com).

The outlook

Menlo Park housing market forecast 2027

+2.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Menlo Park ZIP code, points to typical home values rising 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in Menlo Park rose 10.2%, per the Zillow Home Value Index.

Will home prices drop in Menlo Park?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Menlo Park shows typical home values rising 2.1% by September 2027, after a 10.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Menlo Park ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Menlo Park?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Menlo Park ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Menlo Park, CA home prices.

What is the typical home value in Menlo Park?

The typical home value in Menlo Park is $2,934,751 as of September 2026, up 10.2% over the past year.

How many homes are currently for sale in Menlo Park?

There are 43 homes for sale in Menlo Park as of September 2026, with 50 new listings having entered the market during that period.

How quickly do homes sell in Menlo Park?

Homes in Menlo Park spend a median of 22 days on market, with a median list price of $2,570,250.

Are home prices going up or down in Menlo Park, CA?

Typical home values in Menlo Park, CA are up 10.2% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Menlo Park, CA a buyer's or seller's market?

Menlo Park, CA leans toward a seller's market. Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 22 days on market and 5% of listings with a price cut in the typical Menlo Park ZIP code, and 50 new listings against 43 active listings across Menlo Park, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

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