ZIP 94024, Los Altos Housing Market · 2026

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

ZIP 94024, Los Altos Market Snapshot

ZIP 94024 still favors sellers, but the market is cooling. Here's where things stand:

Based on 38 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$4.58M
Down 12.6% from March 2025
Down $657K from March 2025
Homes Sold
38
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$28,155/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$23,206
  • Property Tax$4,766
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10.5 days
0 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
104.6%
Down from 107.6% in March 2025
Selling 5% above asking
% Sold Over Asking
66%
More than half of homes sold above their asking price
Active Listings
27
Down 20.6% from March 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94024, Los Altos.

Median Sale Price
Down 12.6% year-over-year in 94024, Los Altos. Based on 38 sales in the most recent month.
Homes Sold
19% more homes sold than a year ago in 94024, Los Altos.
Total Monthly Payment
Estimated monthly cost is down 14% from a year ago in 94024, 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 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about ZIP 94024

Is now a good time to buy in ZIP 94024?

ZIP 94024 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 94024 home prices compare to the Bay Area average?

At $4.58M, ZIP 94024's median sits about 144% above the Bay Area average of $1.88M. ZIP 94024 is on the higher end of the regional market.

Within Los Altos, this area trades about 10% above the city-wide median of $4.15M.

How competitive is ZIP 94024 for buyers?

ZIP 94024 currently favors sellers:

  • Homes sell about 5% above asking on average
  • 66% close above list price
  • 10.5 days typical time to go pending

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 94024 home?

At $4.58M with 20% down at 6.53%, your estimated total monthly cost is approximately $28,155:

  • $23,206 principal and interest
  • $4,766 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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