75 homes in near IMAGINATION LAB SCHOOL
Homes for Sale near IMAGINATION LAB SCHOOL
PALO ALTO, CA
About Homes near IMAGINATION LAB SCHOOL
About PALO ALTO: IMAGINATION LAB SCHOOL is located in PALO ALTO. 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.
These are homes for sale within about 2 miles of IMAGINATION LAB SCHOOL in PALO ALTO. The area around the school has 75 active listings.
IMAGINATION LAB SCHOOL Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 43% versus six months ago, yet the typical home takes about 64 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
$1.90M
↑ 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
3.3 months of supply
Balanced Supply75 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 ~64 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 43% 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 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in IMAGINATION LAB SCHOOL 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
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.4M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$2.6M)
Price Reductions
14 listings have reduced their price
19% of active listings
Average reduction: 5.6% (~$106K)
IMAGINATION LAB SCHOOL Area Market Overview
Buyers in the IMAGINATION LAB SCHOOL area are looking at a median list price of $1.9M. Compared with PALO ALTO overall, that is a 29.0% discount. Since February, the median price has moved up about 33.4% to $2.9M as of July. The IMAGINATION LAB SCHOOL area has 75 active listings on the market right now. Listings on this page are selected by distance to IMAGINATION LAB SCHOOL, not by a confirmed attendance boundary. Confirm enrollment with the district.
Explore Nearby Cities
Browse homes for sale in cities near Palo Alto
Nearby Schools
Frequently Asked Questions about Homes near IMAGINATION LAB SCHOOL
How many homes are for sale in IMAGINATION LAB SCHOOL Area, CA?
There are currently 75 homes for sale in IMAGINATION LAB SCHOOL Area, ranging from $499,000 to $16,588,000. 13 of them hit the market within the last week.
What is the median home price in IMAGINATION LAB SCHOOL Area?
The median list price in IMAGINATION LAB SCHOOL Area is $1,898,000. Price per square foot averages $12126. Prices are up 4.7% compared to a year ago.
How fast do homes sell in IMAGINATION LAB SCHOOL Area?
Homes in IMAGINATION LAB SCHOOL Area currently average 64 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Browse Homes by City
Explore real estate in popular California communities.