Menlo Park, CA Housing Market
Median List Price
$2,800,000
Updated August 2026
Today, Menlo Park has 38 homes for sale at a median list price of $2,800,000, typically selling in about 66 days.
Menlo Park Market Analysis
The median list price in Menlo Park, CA is $2.8M. Current inventory stands at 38 active listings. 19 new listings came on the market in the last 30 days.
Expect a median around $898,000 for two bedroom homes and $6.3M at the five bedroom end. Single family homes lead the mix at 73.7%, with condos accounting for another 15.8%. February to July saw the median price go from $2.6M to $2.9M, up about 10.2%. Per square foot, the median stands at $1,440.
Homes here typically go under contract in about 11 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Menlo Park, CA sits within the 94025 ZIP code.
Menlo Park Rental Market
The median asking rent in Menlo Park, CA is $11,000. Current inventory stands at 6 active rental listings. December 2025 to June 2026 saw the median rent go from $5,500 to $10,000, up about 81.8%.
Menlo Park Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 9% over the last six months and 5% over the past year, and there is only 2.5 months of supply. At the same time, the typical home takes about 66 days to sell, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$2.80M
↑ 5% 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
2.5 months of supply
Tight Supply38 active listings against the current sales pace works out to about 2.5 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 ~66 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 45% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Menlo Park
Homeownership is near the state average, with a balanced mix of owners and renters.
55%
Homeowners
45%
Renters
Homeownership is 0.5 points lower than the California average (55.5%)
11,624 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.5M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.4M)
Price Reductions
7 listings have reduced their price
18% of active listings
Average reduction: 6.3% (~$176K)
Browse Menlo Park Listings
Frequently Asked Questions about the Menlo Park, CA Housing Market
What is the median home price in Menlo Park, CA?
The median list price in Menlo Park is $2,800,000 as of August 2026, based on 38 active listings.
Is Menlo Park a buyer's market or a seller's market?
Menlo Park currently reads as a seller's market. Active inventory works out to about 2.5 months of supply at the recent sales pace.
How fast do homes sell in Menlo Park?
Homes that closed in the last 90 days typically went under contract in about 11 days. The average home currently for sale has been on the market for 66 days.
Are home prices in Menlo Park going up or down?
The median sale price in Menlo Park is up about 5.0% compared with a year ago.
How many homes are for sale in Menlo Park, CA?
There are 38 homes for sale in Menlo Park right now, including 5 listed within the last week.
What is the median rent in Menlo Park?
The median asking rent in Menlo Park is $11,000 per month, across 6 active rental listings.