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Median Home Price in Palo Alto, CA

The median home value in Palo Alto, CA is $3,592,240, up 5.92% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$3,592,240

Year-over-Year

+5.92%

Population

65,079

Home value history

The typical home value decreased by 2.3%, from $3,675,706 in May 2026 to $3,592,240 in Sep 2026.

Palo Alto, CA typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Palo Alto, CA monthly home value history
MonthTypical home valueYear-over-year change
May 2026$3,675,706+2.6%
Jun 2026$3,604,398+3.5%
Jul 2026$3,599,324+4.5%
Aug 2026$3,563,763+5.5%
Sep 2026$3,592,240+5.9%

Palo Alto ranks #8 of 395 California cities tracked here by median home value, and sits 375.9% above the state's city median of $754,898. It sits in Santa Clara County, where the county-wide median is $1,562,682.

Housing affordability in Palo Alto

Median household income in Palo Alto is $231,101, so the typical home value is about 15.5× 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 $3,592,240. That's up 5.92% from a year earlier. It is about 375.9% 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 $1,562,682 — a difference of about 129.9%.

Is Palo Alto affordable?

Median household income here is $231,101, so the typical home value is about 15.5× 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.

Cities with similar home prices in CA

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