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Median Home Price in Palo Alto, CA

The median home value in Palo Alto, CA is $3,599,324 as of 2026-07-31, up 4.54% from a year earlier.

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Median Home Value

$3,599,324

Year-over-Year

+4.54%

Population

65,079

Palo Alto ranks #8 of 396 California cities tracked here by median home value, and sits 370.2% above the state's city median of $765,555. It sits in Santa Clara County, where the county-wide median is $1,598,562.

Housing affordability in Palo Alto

Median household income in Palo Alto is $231,101, so the typical home value is about 15.6× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Palo Alto

Palo Alto police recorded a violent crime rate of 212 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 3,033 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Palo Alto

What is the average home price in Palo Alto, CA?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Palo Alto, that value is $3,599,324. That's up 4.54% from a year earlier. It is about 370.2% above the typical California city tracked here.

Is Palo Alto expensive compared to the surrounding area?

Homes in Palo Alto are more expensive than Santa Clara County as a whole, where the median is $1,598,562 — a difference of about 125.2%.

Is Palo Alto affordable?

Median household income here is $231,101, so the typical home value is about 15.6× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Palo Alto a safe place to live?

Palo Alto police reported 212 violent crimes per 100,000 residents, covering a population of about 65,079. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.