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.
From $895K in 2000-01 to $3.82M in 2026-09 — roughly +5.6% annualized.
Peak Sep 2026, no meaningful drawdown since.
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.
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.
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.
| ZIP | Median List | SFR ZHVI | $/SqFt | DOM | Active | New | vs City Median |
|---|---|---|---|---|---|---|---|
94301 Old Palo Alto / Crescent Park / Community Center | $4.79M▲ 9.1% | $4.76M | $1,949 | 28 | 26 | 24 | |
94306 Barron Park / Greenmeadow / Ventura | $2.69M▲ 6.0% | $3.56M | $1,413 | 21 | 27 | 30 | |
94303 Midtown / South Palo Alto (east) | $1.27M▲ 3.8% | $2.37M | $951 | 42 | 37 | 20 | |
94304 Stanford / Green Acres (west) | —▲ 6.0% | $4.38M | — | — | — | — |
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.
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.
