Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Palo Alto, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Palo Alto, CA and much more. Save thousands at closing with home foreclosure listings in Palo Alto, CA — up to 75% off market value!
Palo Alto is located in Santa Clara, California, with an estimated municipal population of 65,364 residents. All of the best foreclosed homes for sale in Palo Alto are located in the following zip code areas on Foreclosure.com: 94022 95033 94303 94301 94306 94304 94302. The estimated population per square kilometer (.62 miles) in Palo Alto is 1,058.
So, about how much do homes cost in Palo Alto? The most recent median value of resident-owned homes in Palo Alto is 2,000,001. An estimated 54.6 percent of households in Palo Alto own their homes, with an average family size of 3.06. The median household income in Palo Alto is 158,271, with65.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palo Alto, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Palo Alto? If so, the average rent price paid by renters in Palo Alto is 2,569, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Palo Alto, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Palo Alto is 41.8, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Palo Alto is 58.1, with an average family size of 3.06.
The percentage of residents who report their race in Palo Alto is as follows:
|Black / African American||1.8%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Palo Alto? Or maybe you are searching for 55+ active adult communities in and/or near Palo Alto?
The percentage of residents who report their age in Palo Alto is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Palo Alto with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palo Alto.
How do you know that living in -- or moving to -- Palo Alto is right where you need to be? Perhaps you grew up in Palo Alto or already live nearby; therefore, the decision to buy a home in Palo Alto is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palo Alto for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Palo Alto:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palo Alto.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palo Alto can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palo Alto, meanwhile, can field multiple offers from more qualified buyers.