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Housing in San Mateo

Homes in San Mateo

Home prices around San Mateo have risen about 52% over the past 5 years.

2-bedroom rent
$1,020
a month, utilities in · HUD

What kind of housing town is San Mateo?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 52% in 5 years

The federal house price index for the ZIP code around San Mateo rose 52% over the past 5 years, about the same as across New Mexico. Last year prices rose 14%.

San Mateo areaNew Mexico
−50%0%+50%+100%+150%+200%200020052010201520202025
+14%
past year
+52%
past 5 years
+54%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around San Mateo, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

100% of San Mateo households own their home

Half of San Mateo’s homes were built before 1991.

Owners and renters
Own 100%

New Mexico: 70% own.

1991
typical home built · NM 1985

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,020

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$850
2 bedrooms$1,020
3 bedrooms$1,260
4 bedrooms$1,350
0%
of households rent · NM 30%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cibola County, NM): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

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What San Mateo buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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