Los Altos Housing Market · 2026

Data through Aug 2026

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

Los Altos Market Snapshot

Los Altos favors sellers, but smart buyers can still win. Here's the picture:

Based on 87 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$4.50M
▲ Up 5.4% from August 2025
Up $229K from August 2025
Homes Sold
87
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$29,483/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$24,615
  • Property Tax$4,684
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
▼ 1 fewer day than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
105.0%
▼ Down from 105.4% in August 2025
Selling 5% above asking
% Sold Over Asking
52%
More than half of homes sold above their asking price
Active Listings
33
▲ Up 10.4% from August 2025
About 1.2 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 5.4% year-over-year in Los Altos. Based on 87 sales in the last 3 months.
Homes Sold
4% fewer homes sold than a year ago in Los Altos.
Total Monthly Payment
Estimated monthly cost is up 6% from a year ago in 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 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Los Altos housing market trends, 2021–2026

October 2021 median
$4.10M
$14,077/mo at 3.1%
Peak (February 2026)
$5.05M
August 2026 median
$4.50M
$23,119/mo at 6.7%

The median sale price in Los Altos is $4.50M — up 10% from $4.10M in October 2021. Over that stretch, the median peaked at $5.05M in February 2026 and bottomed at $3.47M in January 2023. That puts today's price about 8% above the area's 5-year average of $4.18M. Each point is the median of a rolling 3-month window of closings, so the curve runs smoother than any single month; the multi-year direction is the signal.

What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $23,119 today, up 64% from $14,077 in October 2021. Most of that increase comes from mortgage rates (3.1% then vs. 6.7% now), not prices — at October 2021 rates, today's median would run about $15,441/mo.

Seasonally, the three months ending in July have been the busiest stretch for closings in Los Altos over the past 5 years (about 94 sales in that window on average, vs. 37 for the stretch ending in February), while competition has run hottest in the stretch ending in June (65% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.

Frequently asked questions about Los Altos

Is now a good time to buy in Los Altos?

Los Altos currently favors sellers. Homes sell near or above asking, and well-priced listings move quickly. Buyers who come in prepared with strong financing and realistic expectations tend to succeed.

How do Los Altos home prices compare to the Bay Area average?

At $4.50M, Los Altos's median sits about 153% above the Bay Area average of $1.78M. Los Altos is on the higher end of the regional market.

By home type:

  • Single-family homes at $4.82M
  • Condos at $1.55M
  • Townhomes at $1.81M
What price range should I budget for in Los Altos?

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

  • Single-family homes at $4.82M
  • Condos at $1.55M
  • Townhomes at $1.81M

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 Los Altos for buyers?

Los Altos currently favors sellers:

  • Homes sell about 5% above asking on average
  • 52% close above list price
  • 8 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 Los Altos home?

At $4.50M with 20% down at 7.28%, your estimated total monthly cost is approximately $29,483:

  • $24,615 principal and interest
  • $4,684 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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