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Palo Alto Real Estate Market

About Palo Alto Real Estate

Housing
grade C
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Urban Suburban Mix
Rent vs. Own
  • Rent
    45%
  • Own
    55%
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Homes for Sale

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Real Estate Costs

Median Home Value
$2,000,001
National
$217,500
Home Values
  • <$50k
    1%
  • $50-$99k
    0%
  • $100-$199k
    1%
  • $200-$399k
    1%
  • $400-$749k
    2%
  • $750k+
    94%
Median Rent
$2,569
National
$1,062
Monthly Rent
  • <$500
    7%
  • $500-$999
    8%
  • $1,000-$1,499
    7%
  • $1,500-$1,999
    8%
  • $2,000+
    70%

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Home Quality

Poll
67%
of residents say the exterior quality of homes is good or excellent. 9 responses
Poll
67%
of residents say the interior quality of homes is good or excellent. 9 responses
67%
of residents say there is a good variety of homes. 9 responses
56%
of residents say there are a few vacant or abandoned properties here and there. 9 responses
44%
of residents say that parking is readily available. 9 responses

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Overview

Homes in Palo Alto have a median value of over two million dollars. The median rent price in Palo Alto is $2,569 and most residents own their homes. Palo Alto is very walkable, and there are a lot of restaurants, coffee shops, and parks nearby.

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