Palo Alto, CA Housing Market & City Data

Explore key insights and real experiences from people who call Palo Alto home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

65,364
Population Estimate
$2,000,001
Median Home Value
96.8%
Employment Rate
82.8%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$1,413
Median Listing Price$2,686,250
Median Days on Market28
Active Listings90
New Listings74
Total Listings (Active + Pending)131
Avg Listing Price$3,485,544
Avg Listing Price Change MoM8%
Avg Listing Price Change YoY-20%

HOUSEHOLD OVERVIEW

Family Size3.06
Family Dual Income52.9
Median Household Income$158,271
Median Individual Income$76,325
Home Ownership54.6%
Home Value$2,000,001
Median Rent$2,569
Rent Burden27.2%
Poverty6.1%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED2.6%
  • Highschool Education3.5%
  • Some College11.0%
  • Bachelors Degree29.1%
  • Graduate Degree53.7%
  • Total College or Above82.8%
  • Stem Degree68.8%

GENDER BREAKDOWN

  • Male48.5%
  • Female51.5%

MARITAL STATUS

  • Married58.1%
  • Divorced8.7%
  • Never Married28.1%
  • Widowed5.1%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityPalo Alto
State IDCA
Population65,364

AGE BREAKDOWN

Age Group% of Population
Under 1824.4%
19–2910.5%
30–3912.3%
40–4914.5%
Age Group% of Population
50–5913.3%
60–6910.4%
70–797.8%
80+6.8%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation62.0%
Unemployment Rate3.2%
Disabled7.3%

ETHNICITY

White58.9%
Black1.8%
Asian32.5%
Native American0.3%
Pacific Islander0.1%
Other1.3%
Multiple5.0%

OTHER

Hispanic5.6%
Limited English6.4%
Health Uninsured2.1%
Veteran3.4%

Local Discussions

Community questions and conversations about living in Palo Alto, CA.

  1. Is Palo Alto, CA a good place to buy a house?

    Local perspectives on Palo Alto home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Palo Alto, CA for families?

    Local insights on Palo Alto neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Palo Alto, CA housing market?

    Local insights on Palo Alto home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Palo Alto, CA?

    Compare Palo Alto home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Palo Alto, CA?

    Explore Palo Alto neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Palo Alto, CA?

    Learn how Palo Alto home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Palo Alto, CA?

    Learn how Palo Alto property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Palo Alto, CA for first-time home buyers?

    Explore Palo Alto neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Palo Alto, CA?

    Local perspectives on Palo Alto neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Palo Alto, CA?

    What newcomers should know about Palo Alto housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Palo Alto, CA

Neighborhoods in Palo Alto, CA

Get to know neighborhoods in Palo Alto, ordered by the number of properties in the provider sample.

  • Downtown North

    Downtown North ↗

    Median asking price
    $1,949,000
    / sq ft
    $1,162
    Active listings
    9
    properties in discovery sample
    86
    A

    Nearby schools · estimated

    8/10 · 3 schools

  • Crescent Park

    Crescent Park ↗

    Median asking price
    $4,495,000
    / sq ft
    $2,760
    Active listings
    1
    properties in discovery sample
    73
    B

    Nearby schools · estimated

    7.1/10 · 8 schools

  • Midtown

    Midtown ↗

    Median asking price
    $2,488,000
    / sq ft
    $1,212
    Active listings
    9
    properties in discovery sample
    38
    A

    Nearby schools · estimated

    8.8/10 · 4 schools

  • Greenmeadow

    Greenmeadow ↗

    Median asking price
    $2,674,000
    / sq ft
    $1,544
    Active listings
    3
    properties in discovery sample
    33
    A

    Nearby schools · estimated

    9/10 · 3 schools

  • Midtown

    South of Midtown ↗

    Median asking price
    $2,743,444
    / sq ft
    $1,943
    Active listings
    2
    properties in discovery sample
    28
    A

    Nearby schools · estimated

    8.8/10 · 4 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.