Charleston Meadow, Palo Alto Housing Market · 2026

Data through May 2026

Charleston Meadow, Palo Alto Market Snapshot

Charleston Meadow is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 10 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$2.70M
Up 13.1% from May 2025
Up $312K from May 2025
Homes Sold
10
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$16,634/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$13,638
  • Property Tax$2,813
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16.5 days
2 more days than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
111.0%
Up from 107.3% in May 2025
Selling 11% above asking
% Sold Over Asking
70%
70% of homes sold above their asking price
Active Listings
4
Up 300.0% from May 2025
About 0.4 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Charleston Meadow.

Median Sale Price
Up 13.1% year-over-year in Charleston Meadow. Based on 10 sales in the most recent month.
Homes Sold
100% more homes sold than a year ago in Charleston Meadow.
Total Monthly Payment
Estimated monthly cost is up 10% from a year ago in Charleston Meadow, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Charleston Meadow, Palo Alto

Is now a good time to buy in Charleston Meadow, Palo Alto?

Charleston Meadow, Palo Alto is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Charleston Meadow, Palo Alto home prices compare to the Bay Area average?

At $2.70M, Charleston Meadow, Palo Alto's median sits about 46% above the Bay Area average of $1.85M. Charleston Meadow, Palo Alto is on the higher end of the regional market.

Within Palo Alto, this area trades about 25% below the city-wide median of $3.61M.

By home type:

  • Single-family homes at $2.80M
  • Condos at $1.26M
  • Townhomes at $1.91M
What price range should I budget for in Charleston Meadow, Palo Alto?

Prices in Charleston Meadow, Palo Alto depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.80M
  • Condos at $1.26M
  • Townhomes at $1.91M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Charleston Meadow, Palo Alto for buyers?

Charleston Meadow, Palo Alto is one of the Bay Area's more competitive markets:

  • Homes sell about 11% above asking on average
  • 70% close above list price
  • 16.5 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Charleston Meadow, Palo Alto home?

At $2.70M with 20% down at 6.49%, your estimated total monthly cost is approximately $16,634:

  • $13,638 principal and interest
  • $2,813 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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