What is the median home value in Palo Alto, CA?

Name: Home values in Palo Alto, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Palo Alto, CA is $2,000,000 or more, as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on November 12, 2026.

Median home value: $2,000,000 or more
Owner-occupied homes: 14,217 (±668)
Most common range: $1,000,000 or more

Home values in Palo Alto

Owner-occupied homes by value, 2020–2024
Value	Palo Alto	Santa Clara County	California	United States
Less than $50,000	0.8% (±0.5 points)	1.4%	2.5%	5.3%
$50,000 to $99,999	0.1% (±0.1 points)	0.6%	1.7%	6.1%
$100,000 to $149,999	0.3% (±0.3 points)	0.9%	1.3%	6.8%
$150,000 to $199,999	0.2% (±0.3 points)	0.8%	1.4%	9.0%
$200,000 to $299,999	0.8% (±0.4 points)	1.7%	4.3%	17.8%
$300,000 to $499,999	0.5% (±0.4 points)	2.6%	17.1%	26.9%
$500,000 to $999,999	2.6% (±0.8 points)	16.1%	42.1%	20.9%
$1,000,000 or more	94.6% (±1.1 points)	75.9%	29.6%	7.1%

The most common range is $1,000,000 or more, 94.6% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Palo Alto against Santa Clara County, its state and the nation

Estimate (90% margin of error)
	Palo Alto	Santa Clara County	California	United States
Median home value	$2,000,000 or more	$1,490,600 (±$14,163)	$734,700 (±$1,307)	$332,700
Owner-occupied homes	14,217 (±668)	363,147 (±3,294)	7,567,568 (±37,334)	84,210,142

Median home value in places near Palo Alto

Nearest places with a published estimate, compared with Palo Alto
Place	Distance	Median home value	Compared with this place
Palo Alto	—	$2,000,000 or more	—
Los Altos Hills	2.1 mi	$2,000,000 or more	—
Stanford	2.5 mi	$2,000,000 or more	—
Ladera	3.1 mi	$2,000,000 or more	—
Los Altos	3.2 mi	$2,000,000 or more	—
Mountain View	3.5 mi	$1,927,000 (±$91,537)	—
Loyola	4.0 mi	$2,000,000 or more	—
West Menlo Park	4.2 mi	$2,000,000 or more	—
East Palo Alto	5.0 mi	$1,102,600 (±$75,213)	—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Santa Clara County, place by place

Rank	Place	Median home value
1 (tie)	Cupertino	$2,000,000 or more
1 (tie)	Los Altos	$2,000,000 or more
1 (tie)	Los Altos Hills	$2,000,000 or more
1 (tie)	Los Gatos	$2,000,000 or more
1 (tie)	Monte Sereno	$2,000,000 or more
1 (tie)	Palo Alto	$2,000,000 or more
1 (tie)	Saratoga	$2,000,000 or more
1 (tie)	Cambrian Park	$2,000,000 or more
1 (tie)	Loyola	$2,000,000 or more
1 (tie)	Stanford	$2,000,000 or more
11	Mountain View	$1,927,000 (±$91,537)
12	Sunnyvale	$1,801,800 (±$63,317)

Showing 12 of 23 places in Santa Clara County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Palo Alto

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

The Census Bureau publishes the median: $2,000,000 or more for owner-occupied homes in Palo Alto (2020–2024 American Community Survey).

Is this what homes in Palo Alto sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palo Alto city, California (place:55282, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.