Crescent Park, Palo Alto Housing Market · 2026

Data through Aug 2026

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

Crescent Park, Palo Alto Market Snapshot

Crescent Park favors sellers and competition is intensifying. Here's the picture:

Based on 12 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
$5.16M
▼ Down 15.6% from August 2025
Down $955K from August 2025
Homes Sold
12
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$33,803/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$28,244
  • Property Tax$5,375
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
28 days
▲ 13 more days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
108.2%
▲ Up from 99.0% in August 2025
Selling 8% above asking
% Sold Over Asking
50%
50% of homes sold above asking, some competition
Active Listings
2
▼ Down 46.3% from August 2025
About 0.5 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 15.6% year-over-year in Crescent Park. Based on 12 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in Crescent Park.
Total Monthly Payment
Estimated monthly cost is down 15% 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 7.28%. 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 favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $5.16M, Crescent Park, Palo Alto's median sits about 190% above the Bay Area average of $1.78M. Crescent Park, Palo Alto is on the higher end of the regional market.

Within Palo Alto, this area trades about 47% above the city-wide median of $3.51M.

By home type:

  • Single-family homes at $5.82M
  • 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 $5.82M
  • 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 currently favors sellers:

  • Homes sell about 8% above asking on average
  • 50% close above list price
  • 28 days typical time to go pending
  • 21% 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 Crescent Park, Palo Alto home?

At $5.16M with 20% down at 7.28%, the monthly cost breakdown:

  • $28,244 principal and interest
  • $5,375 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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