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Fixer Upper Homes in Palo Alto, CA

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Palo Alto, CA Foreclosures

How much do homes sell for in Palo Alto, CA?
The average home price is currently $3,765,167.
In Palo Alto, CA, how many homes are available?
There are currently 40 active home listings available in Palo Alto.
What’s the average rental cost in Palo Alto, CA?
The average rental price in Palo Alto is $4,938.
What is the most expensive home in Palo Alto?
The most expensive home sold in Palo Alto had a price of $158,418,760.
What is currently the cheapest priced home in Palo Alto, CA?
The cheapest home for sale in Palo Alto is priced at $239,311.

Living in Palo Alto, CA

Palo Alto, CA, is a thriving city located in the heart of Silicon Valley. Known for its exceptional schools and proximity to top tech companies, it offers a unique blend of culture, education, and innovation. Residents enjoy a variety of outdoor activities and a strong sense of community.

Current Market Conditions in Palo Alto, CA

The Palo Alto real estate market remains competitive, with a steady increase in home values driven by high demand and limited inventory. This trend shows that buyers are actively seeking homes in this desirable location, particularly in family-friendly neighborhoods close to top schools.

Despite the economic fluctuations affecting many markets, Palo Alto has maintained its status as a sought-after city, with prices holding strong. The demand for homes with features such as home offices and outdoor spaces continues to grow, responding to the shift in lifestyle preferences.

Home Value Estimator For Palo Alto, CA

There are currently 19,211 real estate properties in Palo Alto, CA, with a median automated valuation model (AVM) price of $3,499,120.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palo Alto, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palo Alto, CA, is $3,765,167.00, with the most expensive house in Palo Alto, CA, topping out at $158,418,760.00 and the cheapest home in Palo Alto, CA, clocking in at $239,311.00. In other words, there’s something for every potential homebuyer or savvy investor in Palo Alto, CA!

Rent Prices In Palo Alto, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palo Alto, CA, is on a rollercoaster ride. The average rent price in Palo Alto, CA, is $4,938.00. Indeed, when looking to rent in Palo Alto, CA, you can expect to pay as little as $2,100.00 or as much as $8,860.00, with the average rent median estimated to be $4,840.00. The good news is that finding an affordable and desirable property to rent in Palo Alto, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palo Alto, CA Fixer Upper Homes

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