ZIP 94303, Palo Alto Housing Market

ZIP 94303, Palo Alto Market Snapshot

ZIP 94303 still favors sellers, but the market is cooling. Here's where things stand:

Based on 42 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$2.18M
Up 29.2% from March 2025
Up $492K from March 2025
Homes Sold
42
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$13,228/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$10,778
  • Property Tax$2,267
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
13 days
3 more days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
104.5%
Down from 107.1% in March 2025
Selling 4% above asking
% Sold Over Asking
60%
More than half of homes sold above their asking price
Active Listings
48
Up 26.3% from March 2025
About 1.1 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94303, Palo Alto.

Median Sale Price
Up 29.2% year-over-year in 94303, Palo Alto. Based on 42 sales in the most recent month.
Homes Sold
About the same sales volume as a year ago in 94303, Palo Alto.
Total Monthly Payment
Estimated monthly cost is up 26% from a year ago in 94303, Palo Alto, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?