75 homes in near GROSSMAN ACADEMY
Homes for Sale near GROSSMAN ACADEMY
PALO ALTO, CA
About Homes near GROSSMAN ACADEMY
About PALO ALTO: GROSSMAN ACADEMY 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 GROSSMAN ACADEMY in PALO ALTO. The area around the school has 75 active listings.
GROSSMAN ACADEMY 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
↑ 4% 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 GROSSMAN ACADEMY 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)
GROSSMAN ACADEMY Area Market Overview
The homes shown here are near GROSSMAN ACADEMY rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The median list price in the GROSSMAN ACADEMY area is $1.9M. That is about 29.0% below the PALO ALTO median. Current inventory stands at 75 active listings. February to July saw the median price go from $2.2M to $2.9M, up about 33.4%.
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Nearby Schools
Frequently Asked Questions about Homes near GROSSMAN ACADEMY
How many homes are for sale in GROSSMAN ACADEMY Area, CA?
There are currently 75 homes for sale in GROSSMAN ACADEMY Area, ranging from $499,000 to $16,588,000. 20 of them hit the market within the last week.
What is the median home price in GROSSMAN ACADEMY Area?
The median list price in GROSSMAN ACADEMY Area is $1,898,000. Price per square foot averages $12126. Prices are up 4.0% compared to a year ago.
How fast do homes sell in GROSSMAN ACADEMY Area?
Homes in GROSSMAN ACADEMY Area currently average 64 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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