About 94028
A peaceful place, Portola Valley, California is one of the most prosperous cities in the country. Known for its rural ambiance, low-density housing, and lavish real estate, the Portola Valley homes zip code of 94028 was voted Forbes Magazine’s 31st most affluent city in America in 2010. With a stunning combination of modern development and rustic, countryside charm, this peaceful city will charm your socks off, with all the finest comforts and luxuries a town can offer. The Portola Valley Town Center offers an inviting county library, a Community Hall with a number of great programs and classes for youth and adults, Soccer, Softball and Tennis fields and so much more. The city also provides 1900 (consistency with either numerals or words) acres of permanent open space within the town limits to preserve its beauty and historic heritage. Portola Valley real estate is comprised of a total of 1,700 extravagant households for its 4,500 residents, and is serviced by some of the finest schools in the country, including the Portola Valley School District, two private schools and the Peninsula Library System. The city is easily accessible by means of Interstate 280 and the B.A.R.T. and is only a short drive from the vibrant nightlife of the nearby metropolises of
San Bruno,
Pacifica and
Menlo Park.
Find an Agent today have an advantage when navigating Portola Valley real estate.
REAL ESTATE MARKET STATISTICS
Location: 94028
Geography Type: Zip
Data Period: Feb 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $3,539,500 (-29.1% YoY)
Average Sale Price: $4,604,500
Active Listings: 12
New Listings: 5
Pending Sales: 0
Closed Sales: 6
Median Days on Market: 96 days
Average Days on Market: 91 days
Median Price/SqFt: $1,563
Average Price/SqFt: $1,514
Sale-to-List Ratio: 94%
Months of Inventory: 2.6
Total Sale Volume: $27,627,000
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: N/A
Average Sale Price: N/A
Active Listings: N/A
New Listings: N/A
Pending Sales: N/A
Closed Sales: N/A
Median Days on Market: N/A days
Average Days on Market: N/A days
Median Price/SqFt: N/A
Average Price/SqFt: N/A
Sale-to-List Ratio: N/A
Months of Inventory: N/A
Total Sale Volume: N/A
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MARKET INTERPRETATION
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• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• PRICE REDUCTIONS: Homes selling at 6% below asking price on average.
• SLOWER PACE: Extended days on market may indicate buyer hesitation or pricing adjustments needed.
Sep 2024 – Feb 2026
Single-family homes in 94028 have a median sale price of $3,539,500, down 1.5% over the past 3 months. There are 12 active listings, and 6 homes sold last month, with a median of 96 days on market.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes