Evergreen Park, Palo Alto Housing Market · 2026

Data through Aug 2026

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

Evergreen Park, Palo Alto Market Snapshot

Evergreen Park is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 6 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.60M
▼ Down 2.1% from August 2025
Down $35K from August 2025
Homes Sold
6
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$10,627/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,774
  • Property Tax$1,670
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
27 days
▲ 16 more days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
101.1%
▼ Down from 115.0% in August 2025
Selling at or near asking price
% Sold Over Asking
17%
Only 17% sold above asking. Few bidding wars right now
Active Listings
6
▼ Down 7.9% from August 2025
About 3.2 months of supply. Moderate selection available

Market Trends

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

Median Sale Price
Down 2.1% year-over-year in Evergreen Park. Based on 6 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in Evergreen Park.
Total Monthly Payment
Estimated monthly cost is down 1% from a year ago in Evergreen 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 Evergreen Park, Palo Alto

Is now a good time to buy in Evergreen Park, Palo Alto?

Evergreen Park, Palo Alto is a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.

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

At $1.60M, Evergreen Park, Palo Alto's median is close to the Bay Area average of $1.78M.

Within Palo Alto, this area trades about 54% below the city-wide median of $3.51M.

By home type:

  • Condos at $1.18M
  • Single-family homes at $4.52M
What price range should I budget for in Evergreen Park, Palo Alto?

Prices in Evergreen Park, Palo Alto depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $1.18M
  • Single-family homes at $4.52M

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 Evergreen Park, Palo Alto for buyers?

Evergreen Park, Palo Alto is a balanced market where neither side dominates:

  • Homes sell about 1% above asking on average
  • 17% close above list price
  • 27 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Evergreen Park, Palo Alto home?

At $1.60M with 20% down at 7.28%, your estimated total monthly cost is approximately $10,627:

  • $8,774 principal and interest
  • $1,670 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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