Blog > Palo Alto vs. Atherton: Home Prices, Sizes and the City Line (2026)

Palo Alto vs. Atherton: Home Prices, Sizes and the City Line (2026)

by Eric & Janelle Boyenga

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Palo Alto and Atherton sit about 3 miles apart, center to center, Palo Alto in Santa Clara County and Atherton in San Mateo County. Here’s how they compare on what houses, condos and townhomes sold for in the 12 months to October 27, 2026, and on the things that change at the city line: trains, electricity and transfer tax.

The short answer

  • Houses: the median sale was $4M in Palo Alto and $10.7M in Atherton, so a typical Atherton house cost about 2.7 times as much as one in Palo Alto.
  • Per square foot: $2,129 in Palo Alto and $2,199 in Atherton; the median house was 1,908 sq ft in Palo Alto and 4,275 sq ft in Atherton, on a 0.16-acre lot versus a 0.99-acre lot.
  • Competition: 71% of Palo Alto houses sold over asking, against 48% in Atherton.
  • Condos and townhomes: Atherton had fewer than 10 sales, so this comparison is about houses.
  • At the city line: they differ on trains (Palo Alto has Caltrain; Atherton has no rail station), electricity (City of Palo Alto Utilities in Palo Alto, WestLight Energy in Atherton) and transfer tax ($8,800 versus $2,200 on a $2 million sale), and they’re in different counties (Santa Clara and San Mateo).

See it live

Houses, side by side

Houses (MLS property type “single family home”) sold in the 12 months to October 27, 2026. The last three rows count listings whose description says so, so they undercount.

Palo AltoAtherton
Sales39575
Median price$4M$10.7M
Median per sq ft$2,129$2,199
Median size1,908 sq ft4,275 sq ft
Median lot0.16 acre0.99 acre
Median bedrooms45
Sold over asking71%48%
Median sale vs. asking6.0% overat asking
Sold for $2 million or less3%1%
Listing says single-story10%17%
Listing mentions a pool8%60%
Listing mentions an ADU or in-law unit11%31%

At the city line

Some costs and services follow the city, not the mailing address.

Palo AltoAtherton
CountySanta Clara CountySan Mateo County
CaltrainPalo Alto and California Avenone
BARTnonenone
VTA light railnono
ElectricityCity of Palo Alto UtilitiesWestLight Energy, delivered by PG&E
Transfer tax on a $2 million sale$8,800$2,200
Eichler tracts29 tracts on our Eichler index1 tract on our Eichler index

Electricity is the default provider for most homes; some addresses differ. Transfer tax is the county tax plus any city tax, by the rates on our calculators page; who pays it is set in the contract. School district lines don’t follow city lines, so check the district’s own boundary lookup for any address. See Palo Alto’s transfer tax.

How we counted

Closed sales reported to the MLS and read through the IDX feeds that power our home search, with repeat records removed (same MLS number and sale date). A sale is placed by the city in its MLS address, so a few homes in unincorporated pockets count under the nearby city. Medians follow the mix of homes, and cities are averages: blocks within each can differ a lot. Past sales aren’t a forecast or the value of any one home.

Go deeper

Weighing the two?

We’ll compare the homes and streets you’re actually considering, on both sides of the line, 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.

Questions about this post? Ask a Property Nerd.

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