2 beds · 2 baths · 1,197 sqft
Redfin
41 homes in 94303
Palo Alto, CA
2 beds · 2 baths · 1,197 sqft
Redfin
3 beds · 3 baths · 1,770 sqft
Summerhill Brokerage, Inc.
5 beds · 3 baths · 2,485 sqft
Compass
2 beds · 2 baths · 1,030 sqft
Keller Williams Thrive
5 beds · 4 baths · 2,949 sqft
Deleon Realty
1 beds · 1 baths · 1 sqft
Agents Realty and Finance
3 beds · 2 baths · 1,430 sqft
Redfin
2 beds · 3 baths · 1,510 sqft
Compass
4 beds · 3 baths · 1,890 sqft
Coldwell Banker Realty
5 beds · 3 baths · 2,041 sqft
Midtown Realty
3 beds · 2 baths · 1,557 sqft
Compass
5 beds · 4 baths · 2,698 sqft
Keller Williams Palo Alto
2 beds · 1 baths · 910 sqft
Gonzalez Properties
4 beds · 3 baths · 1,920 sqft
Deleon Realty
3 beds · 2 baths · 1,100 sqft
Gonzalez Properties
3 beds · 2 baths · 1,160 sqft
Platinum Star Properties
About Palo Alto: The 94303 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 94303 area has 41 homes for sale with a median listing price of $1.3M. The average price per square foot is $48621.
Topfind Market Read
The picture is mixed here. Selling times have improved 58% versus six months ago, yet the typical home takes about 70 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
$1.30M
↑ 29% 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
4.6 months of supply
Balanced Supply41 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~70 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 58% 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 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94303 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
26,054 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $422K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.4M)
Price Reductions
9 listings have reduced their price
22% of active listings
Average reduction: 11.1% (~$144K)
Browse homes for sale in cities near Palo Alto
There are currently 41 homes for sale in 94303, ranging from $520,000 to $5,998,000. 4 of them hit the market within the last week.
The median list price in 94303 is $1,300,000. Price per square foot averages $48621. Prices are up 28.6% compared to a year ago.
Homes in 94303 currently average 72 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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