4

Palo Alto, CA Townhomes for Sale

Section Image
  • /20

    $1,848,000 Open Sat 1PM - 4PM

    • 3 Beds
    • 3 Baths
    • 1,436 Sq Ft

    2870 Josephine Ln, Palo Alto, CA 94303

    New Construction, brand-new home by award-winning builder SummerHill Homes. 28Fifty is a collection of 48 new townhomes with a central community park in the heart of Palo Alto. Top-rated schools include Palo Verde Elementary, JLS Middle, and Palo Alto High. This Plan 1 home offers 3 bedrooms, 3 full bathrooms, and 1,436 sq. ft. of living space with a stunning open-concept layout. Bedroom 3 is

    Anna Hou Summerhill Brokerage, Inc.

    2870 Josephine Ln, Palo Alto, CA 94303
  • /38

    $1,798,000

    • 2 Beds
    • 2 Baths
    • 1,392 Sq Ft

    707 Webster St, Palo Alto, CA 94301

    Spectacularly updated 2 Bed 2.5 Bath townhome in the heart of downtown Palo Alto, offers the ultimate in convenience and lifestyle. Located on a tree-lined street just 2 blocks from University Avenue, in the vibrant heart of downtown Palo Alto, this residence offers the best of city-like lifestyle. The ground floor features a spacious living room, dining room, gourmet kitchen, a breakfast bar and

    Scott Casas Casas Real Estate

    707 Webster St, Palo Alto, CA 94301
  • /60

    $1,990,000

    • 2 Beds
    • 3 Baths
    • 1,288 Sq Ft

    3875 El Camino Real Unit 2, Palo Alto, CA 94306

    Discover contemporary living at 3875 El Camino Real Unit 2, a beautifully designed townhome in the heart of Palo Alto. Built in 2023, this stylish residence offers 2 bedrooms, 3 full bathrooms, and 1,290 sq. ft. of space. Enjoy an open-concept floor plan featuring high-end finishes, sleek hardwood floors, and abundant natural light. The gourmet kitchen boasts granite countertops, a modern

    Yi He KW Santa Clara Valley, Inc.

    3875 El Camino Real Unit 2, Palo Alto, CA 94306
  • /2

    $1,998,000 Open Sat 11AM - 4PM

    • 3 Beds
    • 3 Baths
    • 1,770 Sq Ft

    2871 Josephine Ln, Palo Alto, CA 94303

    Discover 28Fifty, this new community of 48 modern townhomes by SummerHill Homes in Midtown Palo Alto offers contemporary living in a desirable location. Residence 3, with 3 bedrooms, a ground-floor den, and 3 full bathrooms, there's plenty of room for family, guests, or even a home office. An open concept layout with kitchen, dining, and family room flowing seamlessly together. The kitchen is

    Natalie Viviani Summerhill Brokerage, Inc.

    2871 Josephine Ln, Palo Alto, CA 94303

Why Live in Palo Alto

Stanford University shapes daily life in Palo Alto, with its stunning architecture, gardens, and cultural attractions like the Cantor Center for Visual Arts and Rodin Sculpture Garden drawing visitors year-round. The city features extensive outdoor recreation, from the popular hiking trails at The Dish to birdwatching at Baylands Nature Preserve. The upscale Stanford Shopping Center and diverse dining scene, including acclaimed restaurants like Evvia Estiatorio and Nobu Palo Alto, create a sophisticated atmosphere. The Palo Alto real estate market features distinct neighborhoods with varying price points. Single family homes in Old Palo Alto and Crescent Park command the highest prices with a median of $5,600,000. Downtown North single family homes have a median price of $2,850,000. Condominiums present a more accessible entry point, with one-bedroom units at a median price of $819,000 and two-bedroom units at $1,200,000. Townhomes have a median price of $2,100,000. Property taxes in Palo Alto remain competitive at 0.71%, compared to nearby Menlo Park and Redwood City at 0.61%. The California state income tax rate is 1.00% for yearly salaries of $41,901, with a combined sales tax rate of 8.80%. The city maintains excellent public schools, including Henry M. Gunn High School and Palo Alto High School, both rated A+ by Niche. Private options include the A+ rated Castilleja School. Commuters benefit from convenient access to Silicon Valley jobs via Caltrain, reaching San Francisco in 45 to 60 minutes and San Jose in 20 to 30 minutes. The Mediterranean climate features warm summers with temperatures in the 70s°F and mild winters rarely below 40°F.

Home Trends in Palo Alto, CA

Housing Trends

Median Sale Price
$3,500,000
Median Single Family Sale Price
$3,850,000
Median Townhouse Sale Price
$2,420,000
Median 2 Bedroom Sale Price
$1,283,000
Median 1 Bedroom Sale Price
$650,000
Average Price Per Sq Ft
$1,831
Number of Homes for Sale
50
Last 12 months Home Sales
475
Months of Supply
1.30
Median List Price
$3,258,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
9%
How to Buy a Home How to Finance a Home How to Sell a Home