Blog > Condos in Palo Alto: Prices, Sizes and Where They Sell (2026)
Shopping for a condo in Palo Alto? 177 condos sold there in the two years to October 27, 2026, at a median of $1.35M for a typical 1,319 sq ft and 2 bedrooms. Here’s what they sell for by size and ZIP code, how they compare with townhomes, what they usually come with, and a one-click search of the ones for sale now.
The short answer
- Median price: $1.35M, $1,035 per sq ft (townhomes in Palo Alto: $1.82M, $1,213 per sq ft).
- The last 12 months: a median of $1.38M, 10% above the year before ($1.26M).
- Bidding: 35% sold over asking.
- Typical condo: 1,319 sq ft, 2 bedrooms, 2 baths; 35% of listings mention in-unit laundry.
- Where they sold most: ZIP 94306 (86), ZIP 94301 (58) and ZIP 94303 (33).
Shopping now?
- See condos and townhomes for sale in Palo Alto now: Budget Lab opens on Palo Alto and a $1.7M budget; change it to yours.
- HOA Lab: what the monthly dues add to your payment.
- Talk to a Property Nerd about the buildings and streets that fit.
By bedrooms
Palo Alto condos sold in the two years, by bedroom count (groups with at least 3 sales).
| Bedrooms | Sales | Median price | Median sq ft | Per sq ft |
|---|---|---|---|---|
| 1 | 24 | $824K | 793 | $981 |
| 2 | 107 | $1.32M | 1,293 | $1,024 |
| 3 | 42 | $1.84M | 1,553 | $1,101 |
| 4+ | 4 | $2.59M | 2,002 | $1,297 |
By price
How the 177 sales spread across price bands.
| Sale price | Sales | Share |
|---|---|---|
| under $750K | 17 | 10% |
| $750K to $1M | 25 | 14% |
| $1M to $1.25M | 32 | 18% |
| $1.25M to $1.5M | 42 | 24% |
| $1.5M to $1.75M | 18 | 10% |
| $1.75M to $2M | 13 | 7% |
| $2M to $2.5M | 18 | 10% |
| $2.5M to $3M | 7 | 4% |
| $3M and up | 5 | 3% |
By ZIP code
ZIP codes with at least 5 condo sales.
| ZIP | Sales | Median price | Median sq ft |
|---|---|---|---|
| 94306 | 86 | $1.27M | 1,349 |
| 94301 | 58 | $1.6M | 1,437 |
| 94303 | 33 | $1.14M | 1,134 |
Condo or townhome?
Share of Palo Alto listings that mention each feature, condos against townhouses. Condos usually cost less and often come with shared amenities; townhomes trade a higher price for more space, a garage and no one above or below.
| Listing mentions | Condos | Townhouses |
|---|---|---|
| In-unit laundry | 35% | 20% |
| An attached or private garage | 8% | 34% |
| A top-floor unit | 19% | 7% |
| A ground-floor unit | 5% | 0% |
| An elevator | 14% | 3% |
| A pool (usually the community’s) | 59% | 34% |
| A gym or fitness room | 11% | 3% |
| Air conditioning | 28% | 20% |
Before you buy
- Read the HOA documents: dues, the budget, the reserve study, the master insurance policy and any special assessments or litigation.
- Check the financing rules. Some lenders and loan programs have extra requirements for condos, such as the share of owner-occupied units; ask your lender early.
- Ask about the building: recent repairs, the elevator and roof, parking assignments, and the rental and pet rules.
How we counted
Closed sales of condos (MLS property type “condominium”) with a Palo Alto address between October 28, 2024 and October 27, 2026, reported to the MLS and read through the IDX feeds that power our home search, with repeat records from different feeds removed (normalized address, unit number and sale date). Features are counted when the listing description mentions them, so there are more than these shares show. Past sales aren’t a forecast or the value of any one home.
Go deeper
See every Palo Alto condo and townhome price since 2012, condos and townhomes under $1.2 million in Palo Alto, townhomes in Palo Alto, end-unit townhomes and top-floor condos and condo and townhome features ranked.
Buying or selling a condo in Palo Alto?
A Property Nerd will show you what condos like yours have sold for in the same building and streets, read the HOA documents with you, and set up a search that catches new listings the day they hit. 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.