Menlo Park Housing Market Report – June 2026
Here's a look at how the Menlo Park, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 41
- Median Sale Price: $2,899,500
- Average Sale Price: $3,693,128
- Average Price Per Sq Ft: $1,788
- Average Days on Market: 45
- Sale-to-List Price Ratio: 103.0%
Month-Over-Month Trends
Compared to May, the median sale price in Menlo Park moved 15.8% down (from $3,442,500 to $2,899,500). The number of homes sold was 10.9% down compared to the prior month (46 vs. 41). Average days on market shifted 18.2% down (55 days to 45 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 1.0% down (from $2,930,000 to $2,899,500). Sales volume is 8.9% down year-over-year.
What This Means
Menlo Park's luxury market is showing signs of cooling as we head into summer. The median sale price dropped 15.8% month-over-month to $2.9 million, though year-over-year we're essentially flat, suggesting this dip reflects normal seasonal patterns rather than a fundamental shift. What's more telling is that homes are still selling above asking price at a 103% ratio, indicating genuine buyer demand despite the pullback. The modest 10.9% monthly decline in sales volume appears consistent with typical summer seasonality in the ultra-high-end market.
Days on market have improved noticeably, falling from 55 to 45 days, which suggests better buyer activity and less inventory staleness. With 71 active listings on hand, sellers have plenty of competition, yet the median asking price remains remarkably close to actual sale prices. This equilibrium points to a well-calibrated market where pricing discipline is rewarding sellers. The inventory is heavily weighted toward single-family homes, the preferred category for Menlo Park's buyer demographic, which likely supports continued price stability.
Overall, this is a balanced market without alarm bells. The area remains attractive to high-net-worth buyers, and price softening appears measured rather than dramatic.
Menlo Park Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94025 | 41 | $2,899,500 | $1,788 | 45 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 34 | $3,387,500 | $1,908 |
| TOWNHOMES | 4 | $1,850,000 | $1,231 |
| CONDOS | 3 | $2,000,000 | $1,179 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 41 |
Current Active Listings
As of this report, there are 71 active listings in Menlo Park with a median asking price of $2,825,000 and an average of 41 days on market.
Thinking About Selling Your Menlo Park Home?
If you're a homeowner in Menlo Park considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Menlo Park and throughout San Mateo County — get a no-obligation cash offer today.
Thinking of selling in Menlo Park? Get a cash offer.
Takes about 30 seconds. No obligation.