The median sales price for homes in Menlo Park CA for Mar 12 to May 12 was $515,000. This represents an increase of 6.8%, or $33,000, compared to the prior quarter and a decrease of 38.4% compared to the prior year. Sales prices have depreciated 48.5% over the last 5 years in Menlo Park. The average listing price for Menlo Park homes for sale on Trulia was $1,508,861 for the week ending Jun 13, which represents a decline of 0.1%, or $830, compared to the prior week and a decline of 1.3%, or $19,175, compared to the week ending May 23. Average price per square foot for Menlo Park CA was $535, a decrease of 4.6% compared to the same period last year. Popular neighborhoods in Menlo Park include Sharon Height, Downtown Menlo Park, Linfield Oaks, The Willows, Allied Arts, and Belle Haven.