Market Overview
Home Prices in Menlo Park, CA
The median home value in Menlo Park, CA is $2,883,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Menlo Park are priced603% above average. Menlo Park is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Menlo Park home values have risen by approximately17.6%, reflecting steady appreciation in this market.
Price History
Menlo Park Home Price Trend
City Comparison
Menlo Park vs. National Median
At $2,883,588, homes in Menlo Park cost 603% above the national median of $410,000. Buyers in Menlo Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Menlo Park?
20% Down Payment
$576,718
on $2,883,588
Monthly P&I
$15,039/mo
30-yr @ 6.8%
Total Monthly Est.
~$19,100/mo
incl. taxes & insurance
Income Needed
$764,000
gross annual (30% rule)
10% Down Option
$288,359
+ PMI applies
Loan Amount (20% dn)
$2,306,870
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Menlo Park, CA?
The median home value in Menlo Park is $2,883,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Menlo Park?
Over the past year, home values in Menlo Park have increased by 6.4%. Over five years, prices have risen approximately 17.6%.
How much do I need to earn to buy a home in Menlo Park?
To comfortably afford the median home price of $2,883,588 with a 20% down payment ($576,718) at today's rates (6.8%), you'd need a gross annual income of approximately $764,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Menlo Park compare to the national average home price?
The national median home value is approximately $410,000. At $2,883,588, homes in Menlo Park are 603% above the national average.
What metro area is Menlo Park part of?
Menlo Park is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.