Crescent Park, Palo Alto Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Crescent Park, Palo Alto Market Snapshot

Crescent Park 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 13 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$5.82M
Down 7.2% from July 2025
Down $452K from July 2025
Homes Sold
13
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$36,340/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$30,091
  • Property Tax$6,066
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
3 more days than in July 2025
Homes sell in a week or two
Sale-to-List Ratio
110.2%
Up from 101.0% in July 2025
Selling 10% above asking
% Sold Over Asking
77%
77% of homes sold above their asking price
Active Listings
n/a

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Crescent Park.

Median Sale Price
Down 7.2% year-over-year in Crescent Park. Based on 13 sales in the last 3 months.
Homes Sold
8% more homes sold than a year ago in Crescent Park.
Total Monthly Payment
Estimated monthly cost is down 8% from a year ago in Crescent Park, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Crescent Park, Palo Alto

Is now a good time to buy in Crescent Park, Palo Alto?

Crescent Park, 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 Crescent Park, Palo Alto home prices compare to the Bay Area average?

At $5.82M, Crescent Park, Palo Alto's median is roughly 3 times the Bay Area median of $1.80M. Crescent Park, Palo Alto sits at the very top of the regional market.

Within Palo Alto, this area trades about 66% above the city-wide median of $3.52M.

By home type:

  • Single-family homes at $6.17M
  • Condos at $1.36M
What price range should I budget for in Crescent Park, Palo Alto?

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

  • Single-family homes at $6.17M
  • Condos at $1.36M

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 Crescent Park, Palo Alto for buyers?

Crescent Park, Palo Alto is one of the Bay Area's more competitive markets:

  • Homes sell about 10% above asking on average
  • 77% close above list price
  • 12 days typical time to go pending
  • 21% of listings have had a price reduction

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 Crescent Park, Palo Alto home?

At $5.82M with 20% down at 6.71%, the monthly cost breakdown:

  • $30,091 principal and interest
  • $6,066 property tax (California 1.25% effective rate)
  • Insurance is highly variable at this price point and scales with the home; plan on $1,500 to $3,000 per month rather than our default

Most buyers at this tier pay a meaningful share in cash, which reduces monthly carrying costs.

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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