San Mateo, CA housing market
The typical San Mateo home is worth about $1,672,000, up 4.6% in a year, 119% above the California typical home. Homes typically sell in 14 days, a little above asking.
Home values, sales, trends and how San Mateo compares with the towns next door — updated as new data is published.
San Mateo at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | San Mateo | California |
|---|---|---|
| 2017 | $1,146,000 | $453,000 |
| 2018 | $1,316,000 | $501,000 |
| 2019 | $1,410,000 | $539,000 |
| 2020 | $1,386,000 | $551,000 |
| 2021 | $1,447,000 | $607,000 |
| 2022 | $1,586,000 | $703,000 |
| 2023 | $1,544,000 | $727,000 |
| 2024 | $1,531,000 | $758,000 |
| 2025 | $1,631,000 | $782,000 |
| 2026 | $1,629,000 | $767,000 |
| August 2026 | $1,672,000 | $764,000 |
San Mateo and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| San Mateo | $1.67M | +4.6% | 14 | $153,504 |
| Hillsborough | $5.47M | +12.7% | 13 | $250,001 |
| Baywood Park | — | — | — | $217,206 |
| Foster City | $1.84M | +1.3% | 15 | $199,143 |
| Belmont | $2.25M | +4.9% | 19 | $205,297 |
| Highlands | — | — | — | $250,001 |
| Burlingame | $2.81M | +10.6% | 11 | $174,000 |
10.9 years of income
The typical San Mateo home costs about 10.9 years of the town's median household income, more than across California (7.7 years).
How San Mateo ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.