Welcome to our 94304 real estate data hub, tailored for investors in Palo Alto, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 94304 in Palo Alto, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SANTA CLARA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Palo Alto, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Palo Alto property market.
-
Location Overview
- Zip Code: 94304
- City: Palo Alto
- State: CA
- Metro Area: San Jose-Sunnyvale-Santa Clara, CA
- County Name: SANTA CLARA COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $3,035,378
- Average Home Price (Single Family Homes): $3,970,519
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.2%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $3,980
- Average 3 Bedroom Section 8 Rental Rates: $5,070
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 63.55
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 49.89
- Number of Units Offered in Section 8 in the County: 5395
- Number of Occupied Units in Section 8 in the County: 5238
- Percentage of Section 8 Units Occupied in the County: 97.09999847%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.65%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -3.6%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 20%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.79%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.18%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.9%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%