Palo Alto Homes for Sale
Palo Alto is a charter city in northwest Santa Clara County just minutes from San Jose and the San Francisco Bay area. It's named after the coastal redwood tree called El Palo Alto.
Included below are homes for sale in Palo Alto. If you would like more information on any of these Palo Alto real estate listings, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.
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Welcome to Palo Alto
Palo Alto has become synonymous with innovation. Both Google and Facebook were founded in the city as well as many other well-known tech companies. It's been considered the forefront of sustainability and is one of the topmost affluent and expensive cities to live in in the country. However, it's also one of the best and safest with multiple parks and green spaces, some of the best schools in the country and the home of Stanford University, Danny Gould's, Selling Silicon Valley Group's CEO's Alma Mater.
Palo Alto is home to about 67,000 residents with a median income of $127,000 and a median home price of $2.9 million. It has a low unemployment rate with a median age of about 42 years old. It offers a beautiful warm year-round climate, an educated population, multiple services and entertainment options, and hundreds of restaurants and shops. This large metro area covers the southern portion of the San Francisco Bay area and part of Santa Clara County. As a key location in the tech giant Silicon Valley, Palo Alto has been known as one of the healthiest cities, the best cities for teleworking, the #1 best metro areas with the fastest rising income, and rated one of the best cities over the last 10 years, with beautiful year-round weather.
Palo Alto has its own Palo Alto Unified School District, which provides educational resources for most of the city. One interesting note is that it has a student to teacher ratio of just 15 to 1, much lower than surrounding cities and towns. It's home to the Palo Alto University, which focuses on psychology, multiple Montessori schools, preschools, elementary schools, preparatory schools, behavioral schools, and your standard middle and high schools. It has an extensive library system with five branches totaling over 265,000 books.
Homes and Real Estate
Palo Alto's median home value covers around $2 million with median rent at about $2500 per month. 45% of residents rent and 55% are homeowners. It offers a variety of suburbs and safe neighborhoods with low crime rates and high diversity. There are multiple historical buildings and architecture, vintage and Victorian-style homes, contemporary single-story California architecture, and darling bungalows in established neighborhoods.
Anything Bad About Palo Alto?
Besides the high cost of living? Traffic seems to be one of the biggest complaints but let's talk it from someone that lives there:
There are so many positives to living in Palo Alto that I'll just start with the negatives. Traffic can be a killer and it's only getting worse, primarily going into Palo Alto in the morning and leaving in the evening. The cost of living, especially for homes, as obviously got to be the worst. However, the scenery is beautiful thanks to trees practically being placed every five feet and there are plenty of spectacular restaurants that are unfortunately very expensive to keep up with the cost of rent. The schools are spectacular academically, but that comes at the cost of there being lots of stress. The daily high also stays within the 55-85 degree range on 90-95% of days. Residents tend to be friendly and have formed many positive communities. It's very easy to bike around town and everyone supports protecting the environment. A nearly perfect place to live or grow up if you can afford a home here. [Niche.com]
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