Palo Alto Real Estate Market Overview

Could Palo Alto, CA be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Palo Alto. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Palo Alto such as Me...nlo Park and Los Altos Hills. When you’re ready, Trulia has 17 resale and new homes in Palo Alto lined up for you, including 1 open house, and 6 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$2,360,000

Median Sales Price

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$1,381

Price Per Sqft

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$5,500

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Palo Alto show a 4% year-over-year rise in median sales price and a -2% drop in median rent per month.

Median Sales Price
The median sales price for homes in Palo Alto for Oct 19 to Jan 18 was $2,360,000 based on 81 home sales.
Price Per Square Ft.
Average price per square foot for Palo Alto was $1,381, an increase of 3% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Palo Alto for Dec 19 to Jan 19 was $5,500.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Palo Alto can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,075

Counts of Theft

530

Counts of Arrest

479

Counts of Burglary


Best Schools in Palo Alto

There are 18 schools in Palo Alto.

Elementary Schools
10

Ohlone Elementary School

Public, K - 5

10

Walter Hays Elementary School

Public, K - 5

10

Fairmeadow Elementary School

Public, K - 5

Middle Schools
10

Jane Lathrop Stanford Middle School

Public, 6 - 8

10

David Starr Jordan Middle School

Public, 6 - 8

10

Terman Middle School

Public, 6 - 8

High Schools
9

Henry M. Gunn High School

Public, 9 - 12

9

Palo Alto High School

Public, 9 - 12

N/A

Packard Children's Hospital/Stanford

Public, K - 12


Demographics

Get to know your neighbors in Palo Alto by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
29%
Single residents
Home owners
66%
Home owners
Median age
41
Median age
Household income
$126,548
Median household income
College educated
83%
College educated

Commute

Most people in Palo Alto commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
84% commute by car
8% commute by bike
4% commute by public transportation
3% commute by foot

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