Menlo Park Housing Market Report – March 2026

By Jessica

Here's a look at how the Menlo Park, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 34
  • Median Sale Price: $3,050,000
  • Average Sale Price: $3,877,412
  • Average Price Per Sq Ft: $1,602
  • Average Days on Market: 30
  • Sale-to-List Price Ratio: 108.7%

Month-Over-Month Trends

Compared to February, the median sale price in Menlo Park moved 18.8% up (from $2,567,500 to $3,050,000). The number of homes sold was 54.5% up compared to the prior month (22 vs. 34). Average days on market shifted 7.1% up (28 days to 30 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 3.3% down (from $3,155,000 to $3,050,000). Sales volume is 10.5% down year-over-year.

What This Means

Menlo Park's housing market is showing mixed signals this spring. March saw a strong rebound in activity, with sales jumping 54.5% month-over-month to 34 homes and median prices surging nearly 19% to $3.05 million. That's the kind of momentum you'd expect as we head into the traditional spring selling season, and it suggests buyers are returning after a slower winter. The fact that homes are selling above list price (108.7% ratio) indicates demand still outpaces supply in this sought-after Peninsula community.

However, year-over-year comparisons tell a different story. Sales are actually down 10.5% compared to March 2025, and the median price has dipped 3.3% annually. This suggests last year was even hotter, and the market has cooled somewhat in the broader context. Homes are also lingering slightly longer, with average days on market creeping up to 30 from 28 last month. The relatively tight inventory of 46 active listings should support prices, but at $3.05 million median, Menlo Park remains firmly out of reach for most California buyers.

Menlo Park Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
94025 34 $3,050,000 $1,602 30

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 26 $3,500,000 $1,760
TOWNHOMES 5 $2,300,000 $1,140
CONDOS 3 $1,380,000 $999

Sales by Price Range

Price Range Homes Sold
$750K+ 34

Current Active Listings

As of this report, there are 46 active listings in Menlo Park with a median asking price of $2,997,250 and an average of 36 days on market.

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