Balanced Market
▲ Heating UpEvergreen Park, Palo Alto Market Update
Evergreen Park is a balanced market, a good environment for thoughtful decisions on both sides:
- Homes are sitting for 49.5+ days. Buyers have the luxury of patience here
- Selling 4% above asking. Budget above list price to compete
- Monthly payment: $6,866 (20% down), well below the Bay Area average
- Evergreen Park pricing is 57% below the Palo Alto median ($1.38M vs. $3.21M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$1.38M
▲ 28.2% YoY
20 sold this month
Up $303K from last year
Days on Market
49.5 days
▼ -15d YoY
Buyers have time to decide
Sale-to-List Ratio
103.8%
▲ from 97.3%
Selling 4% above asking
Active Inventory
7
Very low. Limited options for buyers
Sold Above List
40%
▲ 23pp YoY
Some homes attract competing offers
Price Drops
n/a
Sellers rarely reduce their price
Off Market in 2 Wks
36%
▲ 20pp YoY
Staying on market longer than usual
Monthly Payment
$6,866
· 6.37% · 30yr fixed
Principal & interest only on a 20% down $1.38M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$703/mo on the median Evergreen Park home. Your actual rate depends on your credit, down payment, and loan type.Evergreen Park Trends
Median Sale Price
Up 28.2% year-over-year in Evergreen Park.
What You'd Actually Pay Per Month
Monthly cost is up 18% year-over-year in Evergreen Park.
Melanie Tan
8 Blocks Real Estate · DRE #02250755
“I know Evergreen Parkwell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Evergreen Park
Market data: Redfin Data Center · Rates: FRED / Federal Reserve · Updated weekly · Data through Feb 2026
© 2026 Melanie Tan, 8 Blocks Real Estate · DRE #02250755
© 2026 Melanie Tan, 8 Blocks Real Estate · DRE #02250755