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Baywood Bowie Estate Brewer Central San Mateo (Central) Coyote Point Downtown San Mateo (Downtown) East San Mateo (East) Glazenwood Hayward Park Haywood Park Lyon Hoag North Central (North of downtown) North Shoreview Parrot Park San Mateo Park Shoreview South Shoreview

SAN MATEO, CA 94401

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94401

Baywood · Bowie Estate · Brewer · Central San Mateo (Central) · Coyote Point · Downtown San Mateo (Downtown) · East San Mateo (East) · Glazenwood · Hayward Park · Haywood Park · Lyon Hoag · North Central (North of downtown) · North Shoreview · Parrot Park · San Mateo Park · Shoreview · South Shoreview

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SAN MATEO, CA real estate market (94401) currently shows 45 active listings, with 11 pending sales. Homes are averaging 14 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 14 days on market compared to 55 days last year.

The median listing price has risen 36.6% year-over-year, from $583,500 to $797,000.

Whether you are buying or selling in SAN MATEO, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,392  ·  Density: 4,392.9/mi²  ·  Median household income: $117,678

Typical home value: $1,094,720  ·  Homeownership: 45.1%

Market Overview

Active Listings
45
⇩ 16.7% vs 54 last year
Pending
11
24% pending ratio
Median Price
$797,000
⇧ 36.6% vs $583,500 last year
Average Price
$1,082,208
⇧ 44.7% vs $747,828 last year
Days on Market
14
⇩ 74.5% vs 55 days last year

Price Per Square Foot

Median $/sqft
$790
⇧ 16.5% vs $678/sqft last year
Median Home Size
970 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 54 last year
  • Days on market: 14 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $797,000 (+36.6% YoY)
  • Average: $1,082,208 (+44.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 254 listings ($597,006,944 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94401San Mateo, CA 944010.0 mi24$24,372,624$799,000$1,015,526
94403San Mateo, CA 944032.6 mi23$42,351,740$1,690,060$1,841,380
94010Burlingame, CA 940103.2 mi31$182,044,059$4,149,000$5,872,389
94065Redwood City, CA 940654.8 mi13$16,253,757$1,101,500$1,250,289
94070San Carlos, CA 940706.0 mi26$58,755,892$1,555,000$2,259,842
94080South San Francisco, CA 940807.9 mi23$25,064,089$1,098,944$1,089,743
94061Redwood City, CA 940619.0 mi24$38,133,672$1,382,500$1,588,903
94005Brisbane, CA 940059.3 mi8$10,422,888$950,000$1,302,861
94018El Granada, CA 940189.7 mi6$8,804,400$1,498,500$1,467,400
94019Half Moon Bay, CA 940199.8 mi28$50,313,928$1,624,500$1,796,926
94027Atherton, CA 9402710.5 mi8$107,913,000$13,874,000$13,489,125
94134San Francisco, CA 9413411.2 mi15$13,901,445$864,450$926,763
94124San Francisco, CA 9412411.5 mi25$18,675,450$650,000$747,018

Frequently Asked Questions

How many homes are for sale in SAN MATEO, CA 94401?

As of February 2026, there are 45 active listings in SAN MATEO, CA (zip code 94401), compared to 54 the prior year.

What is the median home price in SAN MATEO, CA 94401?

The median listing price in SAN MATEO, CA 94401 is $797,000 as of February 2026, a 36.6% increase from $583,500 the prior year.

How long do homes stay on the market in SAN MATEO, CA?

Homes in SAN MATEO, CA 94401 spend an average of 14 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in SAN MATEO, CA 94401?

Based on current inventory and days-on-market data as of February 2026, SAN MATEO, CA 94401 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 14 days on market compared to 55 days last year.

How much can I save on real estate commission in SAN MATEO, CA?

With SELL123.com's maximum 3% commission, sellers in SAN MATEO, CA 94401 save an estimated $15,940 compared to a typical 5% commission on the median listing price of $797,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.