$1,910,000
3 bd2 ba1,042 sqft
3271 Alma St
Palo Alto, CA Housing Market
$3,704,698
7.9% 1-yrThe average Palo Alto, CA home value is $3,704,698, up 7.9% over the past year and goes to pending in around 9 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Palo Alto Key Takeaways
Typical Home Values: $3,704,698
1-year Value Change: +7.9%
(Data through March 31, 2025)
Palo Alto Housing Market Overview
--1-year Market Forecast
84For sale inventory(March 31, 2025)
50New listings(March 31, 2025)
1.031Median sale to list ratio(February 28, 2025)
$3,041,667Median sale price(February 28, 2025)
--Median list price(March 31, 2025)
52.2%Percent of sales over list price(February 28, 2025)
41.4%Percent of sales under list price(February 28, 2025)
9Median days to pending(March 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Palo Alto
- NameMedian ZHVI
- Green Acres$3,923,570
- Barron Park$3,803,156
- Palo Alto Orchards$3,086,424
- Monroe Park$3,058,565
- Charleston Meadow$2,706,730
- Ventura$2,675,996
- College Terrace$3,304,532
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Palo Alto Rental Market Trends
$3,743Average rent in Palo Alto(March 31, 2025)
$2,005National average rent(March 31, 2025)
0.5%Month-over-month change(March 31, 2025)
2.2%Year-over-year change(March 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
