Housing in Menlo Park, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$2,775,000
Median List Price
$2,550,000
Price Per Sq Ft
$1,389
Days on Market
26
Active Inventory
23
Months of Supply
1.4
Seller's market
Zillow Home Value
$2,701,610
ZHVI — January 2026
Zillow Rent Index
$3,778
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
82.3%
Sale-to-List Ratio
101.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
27
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$1,389
Median List $/SF
$1,231
Menlo Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Menlo Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$2,000,001
Median Rent
$3,156
Total Housing Units
13,136
Vacancy Rate
11.5%
Owner Occupied
55.3%
Renter Occupied
44.7%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$4,001
Housing Types
The current median sale price in Menlo Park, CA is $2,775,000 according to Redfin data. Homes spend a median of 26 days on the market. 25.0% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $1,389. Zillow's observed rent index is $3,778/month. About 55.3% of housing units are owner-occupied. The median year homes were built is 1962. There are 13,136 total housing units.