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Featured local agent — Menlo Park, CA
Sarah Mitchell
Compass Real Estate · Menlo Park, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Menlo Park, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$3.76Mmedian sale price
How is the Menlo Park, CA housing market right now?
The median home sale price in Menlo Park, CA is $3.76M, up 34.4% year-over-year. Homes sell in an average of 16 days with 28 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Menlo Park a buyer's or seller's market?
Menlo Park, CA is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
16
Fast-moving
Active listings
28
0.9 months supply
Sale-to-list
102.6%
Above asking
What does the Menlo Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $3.76M |
| Median list price | $3.00M |
| Year-over-year price change | +34.4% |
| Average days on market | 16 days |
| Active inventory | 28 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $1,673/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 29 |
| Listings with a price cut | 46.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Menlo Park by property type?
How the Menlo Park, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $4.10M | $1,772/sq ft | 22 | 15 days |
| Condo / Co-op | $1.04M | $960/sq ft | 4 | 36 days |
| Townhouse | $2.21M | $1,069/sq ft | 4 | 14 days |
Source: Redfin · Updated monthly
The Menlo Park housing market is currently classified as a strong seller's market with a median sale price of $3.76M. Prices have risen 34.4% compared to last year, with homes spending an average of 16 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 13.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Menlo Park
There are currently 28 homes listed for sale in Menlo Park, California. The median listing price is $3.0M.
Active listings
28
Homes on market
Median list price
$3.0M
Avg. days on market
16
Days until sale
New this week
29
Newly listed
Who lives in Menlo Park?
Population
32,775
Median income
$206,588/yr
Median age
38.5 years
Owner-occupied
55.3%
College grads
72.7%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Menlo Park?
Zillow home value
$2.87M
Zillow rent index
$4,278/mo
Price-to-rent ratio
55.9x
Price-to-income
13.9x
Source: Zillow Research
What is it like to live in Menlo Park?
Menlo Park is a community of approximately 33K residents with a median age of 38.5 years.The median household income is $206,588, which reflects a relatively affluent area with strong earning potential. 72.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.3%, showing a blend of owner and renter-occupied properties. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Menlo Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Menlo Park?
7 schools tracked · 3,548 students
The largest public schools serving Menlo Park, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hillview Middle
Grades 6-8 · 858 students
La Entrada Middle
Grades 4-8 · 591 students
Oak Knoll Elementary
Grades K-5 · 582 students
KIPP Valiant Community Prep
Grades K-8 · 575 students
Garfield Elementary
Grades K-8 · 395 students
Belle Haven Elementary
Grades K-5 · 339 students
Tide Academy
Grades 9-12 · 208 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Menlo Park, CA?
Want a head-to-head view? Compare Menlo Park side-by-side with any other U.S. city using our market-comparison tool.
Is Menlo Park a good real estate investment market?
For investors evaluating Menlo Park, the price-to-rent ratio of 55.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 34.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Menlo Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Menlo Park's median home price.
Frequently asked questions
What is the average home price in Menlo Park?
The median home sale price in Menlo Park is $3.76M, up 34.4% from last year.
How long do homes stay on market in Menlo Park?
Homes typically spend 16 days on market before going under contract.
What is the median income in Menlo Park?
The median household income is $206,588 per year.
Is Menlo Park a buyer's or seller's market?
With 0.9 months of supply, Menlo Park is currently a strong seller's market.
What is the Zillow home value estimate for Menlo Park?
The Zillow Home Value Index (ZHVI) for Menlo Park is $2.87M, representing the typical home value in the area.
What is the median condo price in Menlo Park?
The median condo/co-op sale price in Menlo Park, CA is $1.04M, compared to $4.10M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Menlo Park?
The median single-family home price in Menlo Park, CA is $4.10M (about $1,772 per square foot).
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