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$3,255,000
2355 Louis Rd
Palo Alto, CA 94303
Santa Clara County housing market
Palo Alto
Single-family median $4.2M, up 6.0% from a year earlier.
July to September 2026. Updated monthly from Redfin data.
$4.2MSingle-family median price
+6.0%Change from a year earlier
10Median days on market
58.8%Sold above list, all homes
Palo Alto housing market
Single-family homes in Palo Alto sold for a median of $4,198,326 from July to September 2026, up 6.0% from a year earlier. The median house spent 10 days on the market. Across all home types, 58.8% of 135 sales closed above list price.
With 2.0 months of supply, inventory is moderate. Well-priced homes still move quickly, while others sit longer.
Home type changes the price a lot. Over the same period, the median was $1,743,021 for townhouses and $1,396,082 for condos.
All home types, July to September 2026
- Homes sold
- 135
- New listings
- 188
- Pending sales
- 141
- Homes for sale
- 92
- Months of supply
- 2.0
- Average sale-to-list ratio
- 107.1%
- Sold above list price
- 58.8%
- Single-family price per sq ft
- $2,190
Single-family median price, last two years
Each point covers three months of sales ending that month.
Show the numbers
| Three months ending | Median sale price | Single-family homes sold |
|---|---|---|
| September 2026 | $4,198,326 | 103 |
| August 2026 | $4,197,500 | 98 |
| July 2026 | $4,267,000 | 121 |
| June 2026 | $4,125,000 | 138 |
| May 2026 | $4,140,000 | 132 |
| April 2026 | $4,175,000 | 106 |
| March 2026 | $4,120,000 | 69 |
| February 2026 | $4,151,000 | 59 |
| January 2026 | $3,700,000 | 62 |
| December 2025 | $3,779,000 | 95 |
| November 2025 | $3,850,000 | 111 |
| October 2025 | $3,760,000 | 118 |
| September 2025 | $3,962,500 | 104 |
| August 2025 | $3,700,000 | 113 |
| July 2025 | $3,900,000 | 118 |
| June 2025 | $3,700,000 | 125 |
| May 2025 | $4,000,000 | 119 |
| April 2025 | $3,837,500 | 102 |
| March 2025 | $4,280,000 | 71 |
| February 2025 | $3,827,500 | 52 |
| January 2025 | $3,777,500 | 62 |
| December 2024 | $3,802,500 | 97 |
| November 2024 | $3,801,250 | 110 |
| October 2024 | $3,800,000 | 105 |
| September 2024 | $3,710,000 | 91 |
| Home type | Median price | Change from a year earlier | Price per sq ft | Homes sold | Median days on market | Sale-to-list |
|---|---|---|---|---|---|---|
| Single-family | $4,198,326 | +6.0% | $2,190 | 103 | 10 | 109.5% |
| Townhouse | $1,743,021 | -6.1% | $1,214 | 9 | 54 | 99.5% |
| Condo | $1,396,082 | +11.1% | $1,036 | 20 | 55 | 100.2% |
| 2 to 4 units | $3,375,000 | +26.1% | $916 | 3 | 19 | 96.1% |
Source: Redfin Palo Alto housing market and the Redfin Data Center. Figures cover home sales from July to September 2026, a rolling three-month period, by home type. Totals across home types are sums and sales-weighted averages of Redfin's figures. Updated monthly; last updated October 20, 2026. Deemed reliable but not guaranteed.
Photo: BWChicago, CC BY 2.0, Wikimedia Commons.
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About Palo Alto
A guide to the city, its neighborhoods, and its homes.
Palo Alto sits next to Stanford University in northern Santa Clara County. It has two downtowns, University Avenue and California Avenue, two Caltrain stations, and its own city-owned utilities.
Homes range from 1900s Craftsman and Victorian houses near downtown to post-war Eichlers and ranch homes in south Palo Alto and new construction across the city.
Getting around
US-101 runs along the east side and I-280 along the west. Oregon Expressway and Page Mill Road cross the city, and El Camino Real runs through it.
Caltrain stops at University Avenue and California Avenue. Stanford Shopping Center sits next to the University Avenue station.
Neighborhoods
- Old Palo Alto and Crescent Park
- Large older homes on wide, tree-lined streets near downtown.
- Professorville and Community Center
- Historic homes close to downtown. Parts of Professorville are a historic district.
- College Terrace
- Small lots and older cottages next to Stanford, with a mix of remodels and new homes.
- Midtown and Duveneck/St. Francis
- Post-war ranch homes and Eichlers on regular lots near shopping.
- Barron Park
- A semi-rural feel, with irregular lots and some streets without sidewalks.
- Greenmeadow, Fairmeadow, and Charleston Meadows
- Large concentrations of Eichler homes in south Palo Alto.
- Palo Alto Hills
- Larger lots west of I-280 with views.
Homes
Single-family homes dominate, and many sit on lots of 6,000 square feet or more. Teardown and rebuild activity is common.
Condos and townhomes are a smaller share of sales and cluster near downtown, California Avenue, and El Camino Real.
Schools
Palo Alto Unified School District serves the city from kindergarten through 12th grade, including Palo Alto High School and Gunn High School.
School boundaries change. Confirm the assigned schools for any address with the district before you buy.
Parks, shops, and things to do
Foothills Nature Preserve, the Baylands Nature Preserve, and the Stanford Dish trail all offer hiking. Rinconada Park and Mitchell Park have pools, libraries, and playing fields.
University Avenue and California Avenue have restaurants and shops. California Avenue hosts a weekly farmers market.
What to check before you buy
- Some Eichler tracts have a single-story overlay that limits second stories. Check zoning before you plan to add a floor.
- Homes near San Francisquito Creek and in parts of east Palo Alto may fall in FEMA flood zones. Check by address.
- Historic homes may need city review before exterior changes.
- The City of Palo Alto provides electric, gas, water, and fiber service. Ask for the seller's utility bills to estimate costs.
This guide is general information, not legal, tax, or inspection advice. Verify details for any specific property.
Sold in Palo Alto
6 homes sold by Sean's team, $11,855,000
$2,100,000
767 Loma Verde Ave #A
Palo Alto, CA 94303
$4,410,000
281 Embarcadero Rd
Palo Alto, CA 94301
$1,250,000
1948 Edgewood Dr
Palo Alto, CA 94303
$465,000
324 Grant Ave #324
Palo Alto, CA 94306
$375,000
2512 Birch St #2512
Palo Alto, CA 94306
Palo Alto FAQs
What is the median home price in Palo Alto?
$4,198,326 for single-family homes sold from July to September 2026, up 6.0% from a year earlier, according to Redfin. Townhouses had a median of $1,743,021. Condos had a median of $1,396,082.
Do homes in Palo Alto sell over asking?
Most do. From July to September 2026, 58.8% of homes sold above list price, and the average sale-to-list ratio was 107.1%.
How fast do homes sell in Palo Alto?
The median single-family home spent 10 days on the market from July to September 2026. The city had 2.0 months of supply across all home types.
Has Sean Rossiter's team sold homes in Palo Alto?
Yes. Sean Rossiter's team has sold 6 homes in Palo Alto since May 2004, most recently 2355 Louis Rd for $3,255,000 in August 2026.
How do I contact a real estate agent for Palo Alto?
Call or text Sean Rossiter at 650-400-0686 or email sean@seanrossiter.com. He is a Senior Premier Agent at Redfin based in Mountain View, California DRE #02105207.
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