94024 Housing Market
Median List Price
$5,498,000
Updated August 2026
Today, the 94024 ZIP code in Los Altos, CA has 13 homes for sale at a median list price of $5,498,000, typically selling in about 153 days.
94024 Housing Market Overview
Homes in the 94024 ZIP code carry a median list price of $5.5M. That runs roughly 44.8% higher than Los Altos as a whole. The median price moved from $4.5M in February to $4.7M in July, a 4.2% increase over six months. Right now 13 homes are on the market in the 94024 ZIP code. Six bedroom homes carry the highest medians at $7.7M, with four bedroom homes starting the range at $4.9M.
94024 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.2 months of supply, yet the typical home takes about 153 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$5.50M
↑ 3% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.2 months of supply
Tight Supply13 active listings against the current sales pace works out to about 2.2 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~153 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 33% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 46% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94024 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
81%
Homeowners
19%
Renters
Homeownership is 25.5 points higher than the California average (55.5%)
10,756 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $898K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$2.6M)
Price Reductions
2 listings have reduced their price
15% of active listings
Average reduction: 11.4% (~$630K)
Browse 94024 Listings
Frequently Asked Questions about the 94024 Housing Market
What is the median home price in the 94024 ZIP code?
The median list price in the 94024 ZIP code is $5,498,000 as of August 2026, based on 13 active listings.
Is the 94024 ZIP code a buyer's market or a seller's market?
The 94024 ZIP code currently reads as a buyer's market. Active inventory works out to about 2.2 months of supply at the recent sales pace.
How fast do homes sell in the 94024 ZIP code?
The average home currently for sale in the 94024 ZIP code has been on the market for 153 days.
Are home prices in the 94024 ZIP code going up or down?
The median sale price in the 94024 ZIP code is up about 2.8% compared with a year ago.
How many homes are for sale in the 94024 ZIP code?
There are 13 homes for sale in the 94024 ZIP code right now, including 3 listed within the last week.