Blog > Menlo Park Condo and Townhome Prices: Two Years of Sales and How They’ve Moved Since 2012

Menlo Park Condo and Townhome Prices: Two Years of Sales and How They’ve Moved Since 2012

by Eric & Janelle Boyenga

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What do condos and townhomes sell for in Menlo Park? In the two years to October 27, 2026, 157 condos and townhomes sold in Menlo Park, by the MLS records we can read with repeat records removed: 72 townhomes and 85 condos. The typical one sold for $1.6M, or $987 per square foot, and the typical house sold for $3.4M, or $1,693 per square foot. Below: townhomes against condos, prices by bedroom count, and how prices have moved since 2012.

The short answer

  • Townhomes vs. condos: the typical townhome sold for $2.2M (2,061 sq ft, $1,049 per square foot) and the typical condo for $1.13M (1,203 sq ft, $934 per square foot).
  • Bidding: 35% of condo and townhome sales closed over the final list price (houses: 58%), and the median sale closed at the list price.
  • Ten years: the median condo and townhome price per square foot went from $825 (two years to Oct. 27, 2016) to $987, up 20%. Houses went from $1,091 to $1,693, up 55%, over the same years.
  • Since 2018: the yearly median has stayed between $932 (2023) and $1,039 (2018) per square foot.

Next steps in Menlo Park

Townhomes vs. condos

Sales in the two years to Oct. 27, 2026. The listing’s MLS type decides which is which: a townhome usually has its own entrance and no unit above or below, and a condo is a unit in a shared building.

TypeSalesMedian priceMedian sizeMedian $/sq ftMedian sale vs. listSold over asking
Townhomes72$2.2M2,061 sq ft$1,049at asking43%
Condos85$1.13M1,203 sq ft$9340.6% under28%
All condos & townhomes157$1.6M1,505 sq ft$987at asking35%
Houses, for comparison530$3.4M1,993 sq ft$1,6931.7% over58%

By bedrooms

Condos and townhomes together. Rows with fewer than 5 sales show only the count.

BedroomsSalesMedian priceMedian sizeMedian $/sq ft
Studio or 1 bedroom10$692K750 sq ft$920
2 bedrooms74$1.17M1,203 sq ft$933
3 bedrooms65$2.18M2,070 sq ft$1,047
4 or more8$2.45M2,061 sq ft$1,140

Condo and townhome prices since 2012

Median price per square foot by year of sale, with houses for comparison.

YearCondo & townhome salesCondo & townhome $/sq ftHouse $/sq ft
201275$531$775
201387$614$842
201480$770$978
201570$806$1,090
201674$850$1,125
201776$858$1,239
201876$1,039$1,393
201981$958$1,328
202065$947$1,352
2021103$961$1,496
202262$1,030$1,593
202353$932$1,501
202475$952$1,603
202575$965$1,654
2026 (to Oct. 27)69$1,012$1,762

Reading it right

  • Monthly HOA dues aren’t in the price. Two units at the same price can cost very different amounts to own, so compare dues and what they cover. Our HOA Lab walks through what to ask for.
  • The mix changes. Newer, larger townhomes selling in one year and older condos in another move the medians, even if no single home changed in value.
  • Price per square foot isn’t comparable to a house. A house price includes its whole lot; a condo comes with a share of common land and a townhome usually with a small lot.
  • Small samples swing. Every row shows its sale count.
  • Past prices aren’t a forecast or the value of any one home.

How we counted

Closed sales reported to the MLS, read through the IDX feeds that power our home search, with repeat records removed (one record per MLS number). Condo and townhome follow the listing’s MLS property type; mobile homes, multi-unit buildings and commercial sales are left out. Price per square foot uses sales with a recorded living area between 400 and 20,000 square feet; sale vs. list uses sales with a final list price.

Go deeper

Our condo vs. house price per square foot post compares the gap in 32 cities. For Menlo Park houses, see home prices by neighborhood, 2016 vs. 2026 and where homes sell over asking. How Much Over Asking tracks bidding across the region, and the Menlo Park city guide links every neighborhood guide. Our sales map shows the homes we’ve sold there. Across every city we cover: condo and townhome prices, neighborhood by neighborhood.

The Menlo Park data series: housing market by the numbers · neighborhoods ranked by price per sq ft · where homes sell over asking · ten years of prices by neighborhood · house prices by bedrooms · houses under $3M · houses at $6M and up · the best month to sell · the most expensive streets · lots by neighborhood · our sales map

Buying or selling a condo or townhome in Menlo Park?

A Property Nerd will pull the recent sales in your complex and the ones like it nearby, and go through the HOA documents with you. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.

Questions about this post? Ask a Property Nerd.

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