Market Intelligence · CA / Palo Alto

Palo Alto, CA 94303 Housing Market

The typical home value in Palo Alto, CA 94303 is $2,061,587, up 3.1% over the past year as of September 2026. The median list price is $1,274,944, and homes spend a median of 42 days on the market.

Updated September 2026Median value$2062K

The median home value in Palo Alto, CA 94303 is $2.06M as of September 2026, up 3.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Get a cash offer

Sell without the wait

Sell your Palo Alto home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 94303 range

$1.9M to $2.23M

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 94303 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Palo Alto, CA.

12-month value trend

+3.1% over 12 months

Typical home value in 94303 over the last 12 months: $2M in Sep 2025 to $2.06M in Sep 2026 (+3.1%).

Sep 2025$2M

Sep 2026$2.06M

The numbers

What is the 94303 housing market like?

Typical home value

$2.06M

Up3.1%YoY

Median list price

$1.27M

Down1.9%MoM

Days on market

42

Down10.6%MoM

Homes for sale

37

Flat0.0%MoM

Price cuts

5.5%

Down37.6%MoM

New listings

20

Down16.7%MoM

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

The outlook

94303 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94303 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 94303 rose 3.1%, per the Zillow Home Value Index.

Will home prices drop in 94303?

Zillow's forecast does not call for a drop: it expects typical home values in 94303 to rise 1.8% by September 2027, after a 3.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 94303 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 94303 home prices compare?

  • 94303$2,061,587
  • Palo Alto$3,281,081
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Palo Alto: 4 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 37 homes for sale in 94303, with 20 new listings coming on the market. The median list price sits at $1,274,944, while the typical home value is $2,061,587, up 3.1% over the past year. Homes move in a median of 42 days, and only 5.5% of listings have taken a price cut. That is a market where values are rising and sellers are mostly holding their asking prices. For a homeowner weighing a sale, pricing near recent comparable sales matters more than testing the market with a high number.

Monthly payment

Estimate your monthly payment.

20% · $412,317

Common questions

What people ask us.

How much is a home in 94303 worth?

The typical home value in Palo Alto, CA 94303 is $2,061,587, up 3.1% over the past year as of September 2026.

How long does it take to sell a home in 94303?

Homes in 94303 spend a median of 42 days on the market as of September 2026. Only 5.5% of listings have taken a price cut.

How many homes are for sale in 94303?

As of September 2026, there are 37 homes for sale in 94303, with 20 new listings. The median list price is $1,274,944.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.