Menlo Park, CA · Market Data

Menlo Park, California real estate market data.

Real estate market data for Menlo Park, CA (San Mateo County) — Census median home value $2,000,001, county listing prices down about 0.6% over the past year.

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Menlo Park, CA is in San Mateo County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 32,775, with a median household income of $206,588. Census data puts Menlo Park's median home value at $2,000,001.

At a glance

Menlo Park market snapshot

Population

32,775

Median Household Income

$206,588

Median Home Value (city)

$2,000,001

Median Gross Rent

$3,156/mo

Price Trend (YoY)

-0.6%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Menlo Park

What makes Menlo Park different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Menlo Park's median home value — across all owner-occupied homes, not just recent sales — at $2,000,001.

County Price Trend

San Mateo County's FHFA house price index shows a -0.61% annual change in 2025.

Population & Income

Menlo Park has an estimated population of 32,775 and a median household income of $206,588, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Menlo Park's Census-reported median home value works out to about 9.7x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Menlo Park FAQ

What are home values like in Menlo Park, CA?

The Census Bureau's American Community Survey puts Menlo Park's median home value at $2,000,001.

What is the population of Menlo Park, CA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Menlo Park's population at approximately 32,775.

What's the median rent in Menlo Park, CA?

The Census ACS estimates median gross rent in Menlo Park at approximately $3,156 per month.

What is the median household income in Menlo Park, CA?

Census ACS data puts the median household income in Menlo Park at approximately $206,588.

Is the Menlo Park housing market growing?

San Mateo County's FHFA house price index shows a -0.61% annual change in 2025.

Is Menlo Park, CA affordable relative to income?

Census ACS data puts Menlo Park's median home value at about 9.7 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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