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 $926K in 2000-01 to $3.82M in 2026-06 — roughly +5.5% 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. 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 | $2.84M▲ 6.1% | $4.74M | $1,662 | 41 | 22 | 12 | |
94306 Barron Park / Greenmeadow / Ventura | $1.94M▲ 3.7% | $3.56M | $1,247 | 29 | 26 | 18 | |
94303 Midtown / South Palo Alto (east) | $1.24M▲ 2.2% | $2.40M | $916 | 34 | 46 | 32 | |
94304 Stanford / Green Acres (west) | —▲ 5.2% | $4.47M | — | — | — | — |
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.