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Sarah Mitchell
Compass Real Estate · ZIP 94303
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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94303 ZIP Code Housing Market
$2.29Mmedian sale price
What is the 94303 housing market like right now?
The median home sale price in ZIP code 94303 is $2.29M, up 27.4% year-over-year. Homes sell in an average of 14 days with 41 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 94303 ZIP code a buyer's or seller's market?
ZIP code 94303 is currently a seller's market and homes selling in about 14 days. How we determine this →
What are the latest 94303 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $2.29M |
| Median list price | $1.48M |
| Year-over-year price change | +27.4% |
| Average days on market | 14 days |
| Active inventory | 41 listings |
| Sale-to-list price ratio | 105.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 94303 zip code, located in East Palo Alto, CA, is currently classified as a seller's market. The median sale price stands at $2.29M, representing a +27.4% change year over year. Homes in this area spend an average of 14 days on the market before going under contract. There are currently 41 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 94303 sits in the East Palo Alto, CA area, roughly 1.2 miles from downtown East Palo Alto. Because home prices are set street by street, this ZIP can move differently from East Palo Alto's citywide averages. The figures below reflect 94303 specifically — drawn from Redfin transactions, U.S. Census data for its 46,879 residents, and Zillow value estimates.
Homes sold
57
Last 12 weeks
Days on market
14
Fast-moving
Active listings
41
Sale-to-list
105.4%
Above asking
Market trends
What is driving the 94303 housing market?
The 94303 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 105.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94303 have increased +27.4% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 94303 stands at $2.14M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $4,815 per month. This gives a price-to-rent ratio of approximately 37.0, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 94303?
Population
46,879
Median income
$151,609/yr
Median age
39.5 years
Owner-occupied
57.8%
College grads
49.2%
Avg commute
29.71 min
What is it like living in 94303?
Zip code 94303 is home to approximately 46,879 residents. The median household income is $151,609 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 57.8% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 49.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 29.71 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 94303.
Which public schools serve ZIP 94303?
12 schools tracked · 4,201 students
The largest public schools serving ZIP code 94303 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.
Frank S. Greene Jr. Middle
Grades 6-8 · 760 students
Aspire East Palo Alto Charter
Grades K-8 · 564 students
Cesar Chavez Ravenswood Middle
Grades 6-8 · 482 students
Ohlone Elementary
Grades K-5 · 448 students
Palo Verde Elementary
Grades K-5 · 366 students
Duveneck Elementary
Grades K-5 · 349 students
Costano Elementary
Grades K-5 · 318 students
East Palo Alto Academy
Grades 9-12 · 287 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 94303
What is the median home price in 94303?
The current median sale price in 94303 is $2.29M, based on recent Redfin transaction data. Prices have changed +27.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 94303 a buyer's or seller's market?
The 94303 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 94303?
Zip code 94303 has a population of approximately 46,879 residents. The median household income is $151,609 per year. About 57.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 94303?
Properties Incorporated provides comprehensive data for 94303 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 94303 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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