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Buyers now need $1M+ salaries for homes in Peninsula’s priciest cities
May 1, 2026
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Posted 2 hours ago by
A new housing affordability analysis finds that the San Jose metro area remains the nation’s most expensive housing market, with required incomes topping 500,000. In the Midpeninsula’s priciest cities, including Palo Alto and Los Altos, buyers now need seven-figure salaries to afford a typical home, underscoring the region’s widening affordability gap.
The post Buyers now need 1M+ salaries for homes in Peninsula’s priciest cities appeared first on Palo Alto Online.
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