1 / 20
Price cut: $2,020,000 (8/21)
VIDEO TOUR
$15,980,000FOR SALE
4 beds · 5 baths · 4,257 sqft
Compass
search
21 homes in 94301
Homes for Sale in 94301
Palo Alto, CA
1418 Pitman Avenue, Palo Alto, CA 94301
1 / 14
Price cut: $325,000 (7/23)
VIRTUAL TOUR
$1,975,000FOR SALE
3 beds · 3 baths · 1,922 sqft
Coldwell Banker Realty
1 / 31
NEW 1 DAY AGO
OPEN FRIDAY, 4:30PM - 8PM
$4,798,000FOR SALE
4 beds · 3 baths · 1,965 sqft
Compass
1 / 16
VIRTUAL TOUR
$1,698,000FOR SALE
2 beds · 3 baths · 1,295 sqft
Coldwell Banker Realty
1 / 20
Price cut: $493,000 (8/26)
VIRTUAL TOUR
$7,995,000FOR SALE
5 beds · 4 baths · 2,831 sqft
Compass
1 / 34
NEW 2 DAYS AGO
VIRTUAL TOUR
$1,495,000FOR SALE
2 beds · 2 baths · 1,429 sqft
Coldwell Banker Realty
1 / 20
Price cut: $152,000 (8/16)
VIRTUAL TOUR
$2,498,000FOR SALE
3 beds · 2 baths · 1,638 sqft
Coldwell Banker Realty
1 / 20
$1,700,000FOR SALE
2 beds · 2 baths · 1,343 sqft
Intero Real Estate Services
1 / 20
VIRTUAL TOUR
$16,588,000FOR SALE
6 beds · 5 baths · 5,521 sqft
Coldwell Banker Realty
1 / 20
VIDEO TOUR
$12,500,000FOR SALE
7 beds · 7 baths · 10,603 sqft
eXp Realty of Northern California, Inc.
1 / 18
Price cut: $139,200 (6/24)
$1,148,800FOR SALE
2 beds · 1 baths · 1,044 sqft
Coldwell Banker Realty
1 / 16
OPEN SATURDAY, 9PM - 11PM
$1,195,000FOR SALE
2 beds · 2 baths · 1,096 sqft
Atlantis Properties
1 / 20
VIRTUAL TOUR
$2,298,000FOR SALE
2 beds · 1 baths · 800 sqft
The Agency
1 / 19
VIRTUAL TOUR
$4,595,000FOR SALE
2 beds · 3 baths · 2,305 sqft
Vabrato
1 / 20
$1,998,000FOR SALE
2 beds · 2 baths · 960 sqft
Compass
1 / 20
$2,988,000FOR SALE
4 beds · 2 baths · 1,611 sqft
Christie's International Real Estate Sereno
About 94301 Real Estate
About Palo Alto: The 94301 ZIP code is in Palo Alto, CA. Palo Alto is a charter city in northwestern Santa Clara County, California, United States. Part of the San Francisco Bay Area, it is named after a coastal redwood tree known as El Palo Alto. The population was 68,572 as of the 2020 United States census.
Today, the 94301 area has 21 homes for sale with a median listing price of $2.5M. The average price per square foot is $2029.
94301 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 14% over the last six months, though still 21% below a year ago, and there is only 2.6 months of supply. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Buyer leverageBalancedSeller leverage
Median Home Price
$2.30M
↓ 21% over the past yearChart shows the median closed sale price by month
$7.8M$5.8M$3.8M$1.9M
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
2.6 months of supply
Tight Supply21 active listings against the current sales pace works out to about 2.6 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
2.6
0369+
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 ~27 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 60% faster than six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 94301 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
HomeownersRenters
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
A balanced ownership mix suggests diverse housing options for both buyers and renters.
26,054 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
2 Bed$1.8M
3 Bed$2.2M
4 Bed$9.5M
5 Bed$9.7M
6 Bed$16.6M
Each additional bedroom adds about $3.7M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$7.2M)
Price Reductions
4
4 listings have reduced their price
19% of active listings
Average reduction: 10.5% (~$241K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Palo Alto
Frequently Asked Questions about Homes for Sale in 94301, CA
How many homes are for sale in 94301, CA?
There are currently 21 homes for sale in 94301, ranging from $1,148,800 to $16,588,000. 2 of them hit the market within the last week.
What is the median home price in 94301?
The median list price in 94301 is $2,498,000. Price per square foot averages $2029. Prices are down 20.9% compared to a year ago.
How fast do homes sell in 94301?
Homes in 94301 currently average 27 days on the market, a brisk pace where attractive homes are gone within a month.
Looking for a home in 94301?
Connect with a local specialist
Loading Map...