Zip 94301 (Palo Alto, CA) Housing

Housing in 94301 Palo Alto, CA is incredibly expensive compared to the national average. The median value of a house in this area is $3,526,500 which is more than ten times higher than the US median house value of $338,100. Furthermore, in the past year alone, house appreciation has been strong with an increase of 8.27% nationally and 13.07% locally - again illustrating just how much more expensive Palo Alto's housing market truly is.

The median home cost in Palo Alto (zip 94301) is $3,526,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Palo Alto (zip 94301) is up 23.8%.

Average Age of Homes

- The median age of Palo Alto (zip 94301) real estate is 58 years old

The Rental Market in Palo Alto (zip 94301)

- Renters make up 46.1% of the Palo Alto (zip 94301) population
- 4.0% of houses and apartments in Palo Alto (zip 94301), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palo Alto, California	United States
	8,004.0	139,647,020.0
	62	42
	$3,526,500	$338,100
	23.8%	16.6%
	18.5%	57.0%
	73.2%	101.1%
	$7.38	$10.98
	$10,001	$2,690
	49.4%	57.4%
	10.7%	11.2%
	39.9%	31.4%
Vacant Housing
	4.0%	1.9%
	1.1%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	1.2%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.2%	20.1%
	0.5%	13.6%
	0.0%	8.3%
	3.7%	9.7%
	0.8%	3.9%
	8.4%	2.2%
	6.0%	0.8%
	79.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	4.4%	13.6%
	8.3%	13.2%
	13.9%	14.8%
	4.4%	13.6%
	10.2%	10.0%
	7.2%	4.7%
	33.8%	12.2%

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