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Menlo Park, CA Real Estate & Property Data

Menlo Park Real Estate Market Trends

Last Updated: April 19, 2024

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Menlo Park, CA. ATTOM offers up to date Menlo Park real estate data that is refreshed daily. Current market trends reveal that in the past year, 429 residential properties have been sold in Menlo Park, CA, with a median home price of $2,400,000. The average square footage of these properties is 2,054 sq ft, and the effective property tax rate is 0.65%. Additionally, there have been 4 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Menlo Park, CA, providing you with the real estate information you need.

Menlo Park Real Estate Market Trends

Get property data for any address in Menlo Park, CA or the country:

Total Residential Properties 11,881

Total Commercial Properties 723

Avg. Home Age (Single Family Home) 62 Years

Avg. Square Feet (Single Family Home) 2,054

Total 2024 Residential Sales (year-to-date) 55

% of Homes Seriously Underwater (Q2 2024) 0.72%

Total 2023 Residential Sales 396

% of Equity Rich Homes (Q2 2024) 59.8%

Effective 2023 Property Tax 0.65%

Total Foreclosure Filings (year-to-date) 11

Menlo Park, CA Real Estate Overview

In the last year, 429 residential properties were sold in Menlo Park, CA, with a median home value of $2,576,250. Menlo Park, CA has a total of 11,881 residential properties, including properties across 1 zip codes and 449 streets.

Median Sales Price i

$2,400,000

(Feb 2024)

-23.6%

year-over-year

y-o-y

February '24 Feb '24 $2,400,000
January '24 Jan '24 $3,600,000
December '23 Dec '23 $2,038,000
November '23 Nov '23 $3,095,000
October '23 Oct '23 $3,300,000
September '23 Sep '23 $2,300,000
August '23 Aug '23 $2,500,000
July '23 Jul '23 $2,224,250
June '23 Jun '23 $2,560,000
May '23 May '23 $2,450,000
April '23 Apr '23 $2,087,500
March '23 Mar '23 $3,590,000

Median Down Payment i

$1,279,000

(Feb 2024)

+20.4%

year-over-year

y-o-y

February '24 Feb '24 $1,279,000
January '24 Jan '24 $1,225,000
December '23 Dec '23 $484,500
November '23 Nov '23 $996,000
October '23 Oct '23 $1,000,000
September '23 Sep '23 $730,000
August '23 Aug '23 $900,000
July '23 Jul '23 $698,000
June '23 Jun '23 $768,000
May '23 May '23 $930,000
April '23 Apr '23 $760,000
March '23 Mar '23 $807,500

Number of Homes Sold i

32

(Feb 2024)

+6.7%

year-over-year

y-o-y

February '24 Feb '24 32
January '24 Jan '24 23
December '23 Dec '23 20
November '23 Nov '23 33
October '23 Oct '23 46
September '23 Sep '23 34
August '23 Aug '23 38
July '23 Jul '23 37
June '23 Jun '23 45
May '23 May '23 40
April '23 Apr '23 19
March '23 Mar '23 32

Number of Purchase Loans i

23

(Feb 2024)

+76.9%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 19
December '23 Dec '23 18
November '23 Nov '23 27
October '23 Oct '23 33
September '23 Sep '23 27
August '23 Aug '23 28
July '23 Jul '23 20
June '23 Jun '23 29
May '23 May '23 21
April '23 Apr '23 20
March '23 Mar '23 21

Number of REFI Loans i

19

(Feb 2024)

+26.7%

year-over-year

y-o-y

February '24 Feb '24 19
January '24 Jan '24 24
December '23 Dec '23 21
November '23 Nov '23 16
October '23 Oct '23 16
September '23 Sep '23 16
August '23 Aug '23 14
July '23 Jul '23 18
June '23 Jun '23 19
May '23 May '23 26
April '23 Apr '23 17
March '23 Mar '23 30

Number of HELOC Loans i

5

(Feb 2024)

-58.3%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 6
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 13
September '23 Sep '23 3
August '23 Aug '23 5
July '23 Jul '23 9
June '23 Jun '23 10
May '23 May '23 13
April '23 Apr '23 6
March '23 Mar '23 13

Menlo Park, CA Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

94025
$2,576,250 $1,254.2/sqft

Menlo Park, CA Foreclosure Activity

There were a total of 4 Menlo Park, CA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

+300%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 7
December '23 Dec '23 2
November '23 Nov '23 6
October '23 Oct '23 12
September '23 Sep '23 3
August '23 Aug '23 4
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 4
March '23 Mar '23 N/A

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 4
December '23 Dec '23 1
November '23 Nov '23 5
October '23 Oct '23 8
September '23 Sep '23 3
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 4
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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