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Menlo Park Railroad StationMenlo Park Railroad Station · Photo: Ron Reiring from Inland Empire of Southern California, USA · CC BY 2.0
Housing in Menlo Park

308 homes sold in Menlo Park in the last year, at a typical $2.9M

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Menlo Park homes are listed.

Homes sold
308
June 2025 to May 2026
Typical sale price
$2.9M
houses $3.4M · condos $1.1M
Price per square foot
$1,494
California $504
Paid vs. asking
103.2%
51% sold over asking
For sale now
28
May 2026 · 31 sold that month
What sold · last 12 months

11% of Menlo Park’s sales are condos, at $2.4M less than a house

222 houses and 34 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$3.4M

typical sale · 222 sold in 12 months

Per square foot
$1,688CA $494
Days to sell
15
Sold over asking
57%
Listings with a price cut
24%
Condos$1.1M

typical sale · 34 sold in 12 months

Per square foot
$950CA $561
Days to sell
33
Sold over asking
29%
Listings with a price cut
29%
Fewer sales

Multi-family (2–4 units): 10 sold, typical $3M
Townhouses: 42 sold, typical $2.3M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.6 times the 2016 price

308 sales in the last year, against 474 in 2021 and a low of 248 in 2023. The typical sale went from $1.9M in 2016 to $2.9M.

Homes soldTypical sale price
0125250375500$1.6M$2.1M$2.6M$3.1M2012: 381 sold, typical $1.2M’122013: 353 sold, typical $1.4M2014: 347 sold, typical $1.6M’142015: 311 sold, typical $1.9M2016: 298 sold, typical $1.9M’162017: 319 sold, typical $2M2018: 298 sold, typical $2.3M’182019: 330 sold, typical $2.2M2020: 268 sold, typical $2.4M’202021: 474 sold, typical $2.6M2022: 292 sold, typical $2.6M’222023: 248 sold, typical $2.5M2024: 304 sold, typical $2.6M’242025: 288 sold, typical $2.9MLast 12 months: 308 sold, typical $2.9MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Menlo Park

Houseat $1,688 a sq ft
Condoat $950 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Menlo Park homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Menlo Park are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Menlo Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 308 sales.

If you’re buying in Menlo Park

  • Shop in September. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (53% over asking).
  • You can negotiate. 25% of listings have cut their price, against 20% before the pandemic.
  • Expect to bid over asking. Buyers paid 103.2% of the list price on average; 51% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 43 a month), and the most competition: 63% close over asking. September offers nearly as much choice with fewer homes bid up (53%). January has the least competition (38%) but only about 24 new listings.

New listings a monthShare sold over asking
011.322.533.84527%53%80%Sweet spotJan: 24 new listings a month, 38% sold over asking, 41 days to sellJFeb: 30 new listings a month, 46% sold over asking, 23 days to sellFMar: 34 new listings a month, 60% sold over asking, 13 days to sellMApr: 41 new listings a month, 58% sold over asking, 14 days to sellAMay: 43 new listings a month, 63% sold over asking, 14 days to sellMJun: 34 new listings a month, 58% sold over asking, 16 days to sellJJul: 30 new listings a month, 52% sold over asking, 20 days to sellJAug: 28 new listings a month, 48% sold over asking, 23 days to sellASep: 38 new listings a month, 53% sold over asking, 18 days to sellSOct: 31 new listings a month, 51% sold over asking, 18 days to sellONov: 16 new listings a month, 50% sold over asking, 18 days to sellNDec: 8 new listings a month, 44% sold over asking, 28 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than California

Menlo Park now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price51%55%54%36%
Gone within two weeksShare of homes under contract within 14 days54%50%54%31%
Listings with a price cutShare of homes for sale that cut their price25%20%19%24%
Price paid vs. askingAverage sale price ÷ list price103.2%104.2%103.3%99.7%
Days to sellMedian days from listing to contract18181644
Supply

30 homes for sale on a typical day

That’s 1.3 times the 2015 low (22), 29% fewer than in 2017–19 and well under 2019’s 59.

2012: 41 for sale’122013: 32 for sale2014: 26 for sale2015: 22 for sale’152016: 30 for sale2017: 30 for sale2018: 35 for sale’182019: 59 for sale2020: 58 for sale2021: 48 for sale’212022: 32 for sale2023: 43 for sale2024: 44 for sale’242025: 35 for saleLast 12 months: 30 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 20% in 2017–19 and 24% across California.

2015: 17%’152016: 23%2017: 18%2018: 21%’182019: 21%2020: 22%2021: 19%’212022: 24%2023: 20%2024: 13%’242025: 21%Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 39%, condos -21%

A house typically sold for $3.4M in the last year (222 sales), a condo for $1.1M (34).

$1.4M$2.2M$2.9M$3.7M2013201520172019202120232025NowHouses 2013: $1.5M, 256 salesHouses 2014: $1.9M, 258 salesHouses 2015: $2.1M, 238 salesHouses 2016: $2.1M, 220 salesHouses 2017: $2.4M, 231 salesHouses 2018: $2.7M, 219 salesHouses 2019: $2.5M, 238 salesHouses 2020: $2.8M, 206 salesHouses 2021: $3M, 361 salesHouses 2022: $3M, 215 salesHouses 2023: $3.1M, 192 salesHouses 2024: $3.3M, 206 salesHouses 2025: $3.5M, 210 salesHouses last 12 months: $3.4M, 222 salesHouses $3.4MCondos 2013: $718K, 59 salesCondos 2014: $1M, 50 salesCondos 2015: $1.1M, 29 salesCondos 2016: $1M, 45 salesCondos 2017: $1.1M, 46 salesCondos 2018: $1.3M, 46 salesCondos 2019: $1.3M, 51 salesCondos 2020: $1.2M, 34 salesCondos 2021: $1.1M, 46 salesCondos 2022: $1.3M, 44 salesCondos 2023: $1.2M, 34 salesCondos 2024: $1.3M, 51 salesCondos 2025: $1.1M, 39 salesCondos last 12 months: $1.1M, 34 salesCondos $1.1M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Menlo Park ranks 69th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Menlo Park is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Menlo Park

Five things worth knowing

43

New listings in May

The month with the most choice. December has the fewest, about 8.

Best time to buy
A−

Schools

The schools grade for Menlo Park, from test results, graduation and how much students grow.

Schools in Menlo Park
24 min

Typical commute

The average one-way trip to work for people who live in Menlo Park.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

East Palo Alto, North Fair Oaks and Redwood City sell for less a square foot; Atherton and Palo Alto for far more

The busier markets within 25 miles of Menlo Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Palo Alto561$3.5M$1,86961%16
Redwood City537$1.9M$1,13156%19
Menlo Park308$2.9M$1,49451%18
East Palo Alto87$1.1M$79241%36
Atherton81$12M$2,12241%38
North Fair Oaks75$1.8M$1,15656%34
West Menlo Park49$3.8M$1,74037%42

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Menlo Park, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Menlo Park. People who follow the town see it, and so do people comparing Menlo Park with their own town. No commission, no listing fee.

Questions about buying a home in Menlo Park

What do homes sell for in Menlo Park, CA?

308 homes sold in the year to May 2026 at a typical $2.9M, $1,494 a square foot. Houses sold for about $3.4M, condos for about $1.1M.

Is Menlo Park a buyer’s or seller’s market?

A seller’s market: 28 homes were for sale in May 2026 and 31 sold, about 0.9 months of supply. Buyers paid 103.2% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Menlo Park?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Menlo Park?

Zillow, Redfin, Realtor.com and Homes.com all carry Menlo Park’s MLS listings; the search links above open each one filtered to Menlo Park.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).