Home ValuePros

Market Intelligence · CA / Palo Alto

Palo Alto, CA 94301 Housing Market

Typical home value in 94301 is $4,338,524, up 7.3% over the past year. Homes listed here average 24 days on market with a median list price of $3,488,843.

Updated August 2026Median value$4263K

The median home value in Palo Alto, CA 94301 is $4.26M as of August 2026, up 8.3% 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

$3.92M to $4.6M

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

+8.3% over 12 months

Typical home value in 94301 over the last 12 months: $3.94M in Aug 2025 to $4.26M in Aug 2026 (+8.3%).

Aug 2025$3.94M

Aug 2026$4.26M

The numbers

What is the 94301 housing market like?

Typical home value

$4.26M

Up8.3%YoY

Median list price

$3.49M

Up9.3%MoM

Days on market

24

Down47.8%MoM

Homes for sale

22

Up29.4%MoM

Price cuts

9.8%

Up23.7%MoM

New listings

12

Flat0.0%MoM

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

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The comparison

How do 94301 home prices compare?

  • 94301$4,263,080
  • Palo Alto$3,262,670
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Palo Alto: 4 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Palo Alto's market shows modest activity, with 22 homes for sale and 12 new listings as of August 2026. The median list price sits at $3,488,843 while typical home values have climbed 7.3% annually to $4,338,524. Homes move relatively quickly at a median of 24 days on market. Just 9.8% of listings carry price cuts, suggesting sellers maintain confidence despite the slower pace. The data points to a market where buyers have options but sellers still expect to hold ground on price.

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