Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 2 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 3 | 4 |
Acreage buckets
The median price for land in Palo Alto, California is currently $8.3M per acre. For a typical parcel, the median sale price is $5.1M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $916K while premium lots reached $9.1M.
Palo Alto, California is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 88.9% year-over-year.
Palo Alto, California currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Palo Alto, California stands at $5.1M. This translates to roughly $8.3M per acre for the typical parcel size. The average price is $5.0M, showing a fairly consistent market.
Land in Palo Alto, California averages $10.9M per acre. The median price per acre is $8.3M, which may be more representative of typical transactions. Most parcels sold are around 24,460 sq ft.
The current absorption rate in Palo Alto, California is 16.7% (3-month basis), indicating strong demand. With depreciating values (-88.9% YoY), buyers may find value opportunities.
Over the past 12 months, Palo Alto, California saw 4 properties sold, totaling $20.1M in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
