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 $944K in 2000-01 to $3.94M in 2026-03 — roughly +5.6% annualized.
Peak May 2022, trough May 2023. Drawdown of -14.2% over 12 months.
Current value versus the historical peak. Still below 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.
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 |
|---|---|---|---|---|---|---|---|
94304 Stanford / Green Acres (west) | $6.79M▲ 4.5% | $4.53M | $1,620 | 9 | 1 | 2 | |
94301 Old Palo Alto / Crescent Park / Community Center | $4.48M▲ 3.9% | $4.85M | $2,046 | 18 | 27 | 26 | |
94306 Barron Park / Greenmeadow / Ventura | $2.15M▲ 2.3% | $3.69M | $1,511 | 28 | 24 | 22 | |
94303 Midtown / South Palo Alto (east) | $1.33M▲ 0.3% | $2.45M | $1,048 | 44 | 34 | 28 |
Palo Alto Among the Peninsula 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.