94303 Home Values & Market Trends

There are 13 homes currently listed for 94303. 94303 real estate market trends show that home prices range from $699,000 to $6,298,000, and the median sales price in the 94303 zip code is $1,789,606.82. The total number of properties sold within the past twelve months is 273. In 94303, 19 properties are in foreclosure, 3 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 94303

Apr 2023March 2024Change
Median Listing Price$2.8M$1.8M-34.84%
Median Sold Price$1.6M$1.8M17.05%
Homes For Sale612100.00%
Homes Sold285230-19.30%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 94303

The median list price of a home in Palo Alto, is $1,789,606.82. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 94303 properties is 10,213.

Foreclosure
There is 1 cities within 94303; within this cities, the median estimated home value for homes in foreclosure ranges from $2,622,000 in palo alto to the lowest value of $1,089,250 in palo alto. Foreclosure homes account for 0.00% of properties in 94303 with palo alto containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in 94303 with palo alto containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 94303; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,622,000 in palo alto to the lowest home value of $1,089,250 in palo alto.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 94303 ranges from the highest value of $0 in palo alto to the lowest value of $0 in palo alto. Bank owned homes and properties account for 0.03% of properties in 94303. There is 1 cities within 94303; palo alto containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    palo alto has 0 auction properties, the highest number of properties going to auction in a single city in the state of 94303. Auction homes and other auction properties account for 0.03% of all properties in 94303. There is 1 cities within 94303; of that cities, the median estimated home value for homes going to auction ranges from $0 in palo alto to the lowest value of $0 in palo alto.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in 94303 with palo alto containing 21 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 94303; homes for sale in that cities, have a range of median values from $11,988,000 in palo alto to the lowest value of $1,388,000 in palo alto.
    Sold Homes
    The median value for recently sold homes ranges from $30,931,425 in palo alto to the lowest price of $187,950 in palo alto. There is 1 cities within 94303. palo alto has 412 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.27% of properties in 94303.

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      Guide for 94303

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      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

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      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
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      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

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      Recently Listed Homes 94303

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