East Palo Alto, CA


Highest Appreciating East Palo Alto Neighborhoods Since 2000

East Palo Alto, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

East Palo Alto Housing Market Information

With a population of 29,662, 7,065 total housing units (homes and apartments), and a median house value of $622,537, real estate costs in East Palo Alto are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in East Palo Alto, accounting for 52.22% of the city's housing units. Other types of housing that are prevalent in East Palo Alto include large apartment complexes or high rise apartments ( 37.30%), duplexes, homes converted to apartments or other small apartment buildings ( 4.19%), and a few row houses and other attached homes ( 3.81%).

East Palo Alto is dominated by renter-occupied one, two, or no bedrooms apartments. 65.14% of East Palo Alto's dwellings are rentals.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. East Palo Alto's housing was primarily built during this period, from the '40s through the '60s. A full 51.19% of the city's housing hails from this era. Other housing ages represented in East Palo Alto include homes built between 1970-1999 ( 29.95%) and housing constructed between 2000 and later ( 14.16%). There's also some housing in East Palo Alto built before 1939 ( 4.69%).

East Palo Alto Home Appreciation Rates

Appreciation rates for homes in East Palo Alto have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.05%, which ranks in the top 30% nationwide. This equates to an annual average East Palo Alto house appreciation rate of 1.05%.

Appreciation rates are so strong in East Palo Alto that despite a nationwide downturn in the housing market, East Palo Alto real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, East Palo Alto appreciation rates continue to be some of the highest in America, at 9.06%, which is higher than appreciation rates in 90.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in East Palo Alto. East Palo Alto appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.35%.

Importantly, this makes East Palo Alto one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that East Palo Alto's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

Average Home Values


Median Home Value:

East Palo Alto, CA HOME PRICES

Value Range
> $1,417,000 11.8
$1,063,001 - $1,417,000 4.0
$709,001 - $1,063,000 25.7
$567,001 - $709,000 17.2
$425,001 - $567,000 24.2
$283,001 - $425,000 10.3
$142,001 - $283,000 2.1
$71,001 - $142,000 2.0
$0 - $71,000 2.6

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
3.55677956170163 28.3068783068783

Number Of Homes And Apartments:

East Palo Alto Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
83.21% 3.57% 5 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$3,316 / per month

Homeownership Rate

Owners 34.86
Renters 65.14
Vacant 5.23

Housing Market Details


Age of Homes

AGE OF East Palo Alto HOMES
2000 or Newer 14.2
1970 - 1999 30.0
1940 - 1969 51.2
1939 or Older 4.7

Types of Homes

TYPE OF East Palo Alto HOMES
Single-Family 52.2
Townhomes 3.8
Small Apt. Buildings 4.2
Apt. Complexes 37.3
Mobile Homes 2.5
Other 0.0

Home Size

SIZE OF East Palo Alto HOMES
No Bedroom 10.57
1 Bedroom 17.56
2 Bedrooms 28.91
3 Bedrooms 29.36
4 Bedrooms 10.99
5 or more bedrooms 2.62