ZIP 94022, Los Altos Housing Market · 2026

Data through Jul 2026 · Part of the Los Altos housing market

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

ZIP 94022, Los Altos Market Snapshot

ZIP 94022 still favors sellers, but the market is cooling. Here's where things stand:

Based on 85 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
$5.00M
Up 3.4% from July 2025
Up $163K from July 2025
Homes Sold
85
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$31,235/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$25,842
  • Property Tax$5,209
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
· Same as July 2025
Homes sell in a week or two
Sale-to-List Ratio
103.8%
Down from 104.5% in July 2025
Selling 4% above asking
% Sold Over Asking
55%
More than half of homes sold above their asking price
Active Listings
27
Down 36.3% from July 2025
About 1 month of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94022, Los Altos.

Median Sale Price
Up 3.4% year-over-year in 94022, Los Altos. Based on 85 sales in the last 3 months.
Homes Sold
29% more homes sold than a year ago in 94022, Los Altos.
Total Monthly Payment
Estimated monthly cost is up 3% from a year ago in 94022, Los Altos, 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 ZIP 94022

Is now a good time to buy in ZIP 94022?

ZIP 94022 still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do ZIP 94022 home prices compare to the Bay Area average?

At $5.00M, ZIP 94022's median sits about 178% above the Bay Area average of $1.80M. ZIP 94022 is on the higher end of the regional market.

Within Los Altos, this area trades about 18% above the city-wide median of $4.23M.

By home type:

  • Single-family homes at $5.35M
  • Condos at $1.18M
  • Townhomes at $1.83M
What price range should I budget for in ZIP 94022?

Prices in ZIP 94022 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $5.35M
  • Condos at $1.18M
  • Townhomes at $1.83M

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 ZIP 94022 for buyers?

ZIP 94022 currently favors sellers:

  • Homes sell about 4% above asking on average
  • 55% close above list price
  • 10 days typical time to go pending
  • 18% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced ZIP 94022 home?

At $5.00M with 20% down at 6.71%, the monthly cost breakdown:

  • $25,842 principal and interest
  • $5,209 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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