Housing in San Mateo, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,450,000

Median List Price

$1,398,500

Price Per Sq Ft

$963

Days on Market

17

Active Inventory

78

Months of Supply

2.4

Seller's market

Zillow Home Value

$1,603,057

ZHVI — January 2026

Zillow Rent Index

$3,370

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.4%List Price 13.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

43.8%

Off Market in 2 Weeks

54.0%

Sale-to-List Ratio

103.1%

Seller's market

Sold Above Asking
43.8%
Under Contract in 2 Wks
54.0%
Listings with Price Drops
14.1%

Market Activity

Source: Redfin

Homes Sold

32

New Listings

66

Pending Sales

37

Homes Sold 43.9%New Listings 27.5%Pending 40.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$963

Median List $/SF

$981

Sale $/SF 2.0%List $/SF 8.4%Mar 24Jan 26

San Mateo vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. San Mateo is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,563,200

Median Rent

$3,079

Total Housing Units

42,431

Vacancy Rate

6.3%

Owner Occupied

50.8%

Renter Occupied

49.2%

Median Property Tax

$9,646

per year

Monthly Cost (w/ Mortgage)

$3,263

Housing Types

Single Family
51.0%
Multi-Family
48.7%
Mobile Home
0.3%

The current median sale price in San Mateo, CA is $1,450,000 according to Redfin data. Homes spend a median of 17 days on the market. 43.8% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $963. Zillow's observed rent index is $3,370/month. About 50.8% of housing units are owner-occupied. The median year homes were built is 1964. There are 42,431 total housing units.