Market Intelligence · CA / Palo Alto

Palo Alto, CA 94301 Housing Market

The typical home value in Palo Alto's 94301 ZIP code is $4,332,825, up 6.0% over the past year. The median list price sits at $2,843,000, and homes are taking a median of 41 days on market as of June 1, 2026.

Updated June 2026Median value$4333K

The median home value in Palo Alto, CA 94301 is $4.33M as of June 2026, up 6.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94301 range

$3.99M to $4.68M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.0% over 12 months

Typical home value in 94301 over the last 12 months: $4.09M in Jun 2025 to $4.33M in Jun 2026 (+6.0%).

Jun 2025$4.09M

Jun 2026$4.33M

The numbers

What is the 94301 housing market like?

Typical home value

$4.33M

Up6.0%YoY

Median list price

$2.84M

Days on market

41

Up241.7%MoM

Homes for sale

22

Price cuts

9.6%

New listings

12

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 94301 home prices compare?

  • 94301$4,332,825
  • Palo Alto$3,305,325
  • California$705,456
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Palo Alto: 4 ZIPs; California: 1,543 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 22 homes for sale in 94301, with 12 new listings recently added. The typical home value is $4,332,825, up 6.0% over the past year. The median list price is $2,843,000, and the median time on market is 41 days. About 9.6% of listings have had a price cut. For sellers, the data shows steady value growth paired with a market that still takes some time to move a home, so pricing carefully matters.

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