Vol. 22 · Q3 2026

Palo Alto Market IntelligencePalo Alto, in numbers.

A quarterly market briefing for Palo Alto, prepared by MK Group founders Marie Wang and Kevin Mo. A 26-year ZHVI index plus monthly ZIP-level listings, DOM, and inventory — synced automatically each month.

As of2026-09Depth27 yrsCoverageCity + 4 ZIPs
Palo Alto · Crescent Park
Palo Alto · Crescent Park
SFR Median
$3.82M
Median SFR · ZHVI
Days on Market
11d
Median DOM · SFR only
Median Sale
ZHVI SFR Median
$3.82M
YoY+6.1%
Days on Market
Median DOM · SFR
11d
YoY▲ 2d
Active Listings
Active For Sale
90
vs ZIP total74 new
5-Year Change
5-Year Return
+15%
26-yr CAGRCAGR +5.6%
§ 01 · Price Arc

26 Years of Median Home Values

Monthly ZHVI data going back to 2000. Switch between SFR and condo, and between 1-year, 5-year, 10-year, or full-history windows. Hover for month-by-month readings.

Monthly · 2000–2026
ZHVI — MonthlyZillow Home Value Index
$1.1M$1.8M$2.6M$3.3M$4.1M'21/10'22/07'23/04'24/01'24/10'25/07'26/04'26/09
SFR ZHVICondo / TH ZHVI
26-Year Appreciation
+327%

From $895K in 2000-01 to $3.82M in 2026-09 — roughly +5.6% annualized.

Peak · Trough
$3.8M

Peak Sep 2026, no meaningful drawdown since.

Current Position
0.0%

Current value versus the historical peak. Already through the peak. Mortgage rates and AI-driven tech wealth have been the dominant drivers over the last 24 months.

§ 02 · Market Pace

Market Pace: DOM and Active Inventory

Monthly median days-on-market and city-level active inventory — the cadence at which the market is breathing. Low DOM + low inventory = seller’s market; high DOM + high inventory = negotiating window. Both charts below are single-family residential (SFR) only — condos and townhouses are excluded.

Single Family · Monthly · 2012–2026
Days on Market · SFRSingle-family median DOM
11dYoY ▲ 22.2%
5d52d99d21-0623-0124-0826-0326-05
Redfin Data Center · Single Family Residential (30-day rolling)
For-Sale Inventory · SFRSingle-family active listings, city-level
35YoY ▼ 27.1%
12427221-0623-0124-0826-0326-05
Redfin Data Center · Single Family Residential
§ 03 · By ZIP

Four ZIPs, Four Markets

Within one Palo Alto, median list prices in 94304 (near Stanford) and 94303 (Midtown) differ by nearly 5×. Here is this month by ZIP.

Ranked by listing median
ZIPMedian ListSFR ZHVI$/SqFtDOMActiveNewvs City Median
94301
Old Palo Alto / Crescent Park / Community Center
$4.79M▲ 9.1%$4.76M$1,949282624
94306
Barron Park / Greenmeadow / Ventura
$2.69M▲ 6.0%$3.56M$1,413212730
94303
Midtown / South Palo Alto (east)
$1.27M▲ 3.8%$2.37M$951423720
94304
Stanford / Green Acres (west)
—▲ 6.0%$4.38M————
§ 04 · Peninsula Context

Palo Alto Among the Peninsula + Silicon Valley 7

SFR ZHVI side-by-side. Atherton, Hillsborough, and Los Altos Hills occupy the ultra-luxury tier; Palo Alto and Los Altos are the second tier; Menlo Park and Cupertino offer the entry-point school-district segment.

Zillow ZHVI · City level
Atherton
$8.63M+16.1%
Los Altos Hills
$5.97M+6.5%
Hillsborough
$5.55M+13.4%
Los Altos
$4.70M+8.3%
Palo AltoThis page
$3.82M+6.1%
Cupertino
$3.13M+2.8%
Menlo Park
$3.13M+11.0%
Founder-direct advisory

Planning to buy or sell in Palo Alto?

Founders Marie Wang and Kevin Mo offer one-on-one pre-advisory consultations for serious buyers and sellers — pricing strategy and decision guidance calibrated to your budget tier, school-district priorities, and transaction timeline in today’s market.

Book a founder consultationView Palo Alto overview →
© 2026 MK Group · CA DRE #02110980 / #02127623 · Data updated Oct 2026
Compiled from public real-estate research and synced automatically each month. Medians are not mix-adjusted.
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