Aragon · Baywood · Baywood Knolls · Baywood Park (Baywood) · Beresford (Beresford Park) · Brewer · Central San Mateo (Central) · Clearview · Downtown San Mateo (Downtown) · Enchanted Hills · Foothill Terrace · Hacienda · Hayward Park · Haywood Park · Highlands (Eichler) · Hillsborough Heights (Heights) · Hillsborough Knolls · Homestead · Lakeview · Laurelwood · Parrot Drive Area (Parrot Drive) · Parrot Park · San Mateo Park · South San Mateo (South) · South Shoreview · Sunnybrae · Tobin Clark Estate (Tobin Clark) · Western Hills
Data as of February 2026. Source: Realtor.com.
The SAN MATEO, CA real estate market (94402) currently shows 34 active listings, with 12 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 30 days on market compared to 26 days last year.
The median listing price has fallen 20.1% year-over-year, from $1,896,500 to $1,515,000.
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.
Population: 26,150 · Density: 1,998.0/mi² · Median household income: $184,453
Typical home value: $2,000,000 · Homeownership: 63.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 94402 | San Mateo, CA 94402 | 0.0 mi | 31 | $68,235,402 | $1,588,000 | $2,201,142 |
| 94401 | San Mateo, CA 94401 | 2.5 mi | 24 | $24,372,624 | $799,000 | $1,015,526 |
| 94010 | Burlingame, CA 94010 | 3.3 mi | 31 | $182,044,059 | $4,149,000 | $5,872,389 |
| 94070 | San Carlos, CA 94070 | 4.6 mi | 26 | $58,755,892 | $1,555,000 | $2,259,842 |
| 94030 | Millbrae, CA 94030 | 5.6 mi | 19 | $32,265,857 | $1,384,444 | $1,698,203 |
| 94061 | Redwood City, CA 94061 | 7.6 mi | 24 | $38,133,672 | $1,382,500 | $1,588,903 |
| 94066 | San Bruno, CA 94066 | 8.0 mi | 31 | $28,967,113 | $655,000 | $934,423 |
| 94062 | Redwood City, CA 94062 | 8.2 mi | 29 | $152,188,781 | $3,288,000 | $5,247,889 |
| 94037 | Montara, CA 94037 | 8.9 mi | 2 | $2,873,998 | $1,436,999 | $1,436,999 |
| 94080 | South San Francisco, CA 94080 | 9.3 mi | 23 | $25,064,089 | $1,098,944 | $1,089,743 |
| 94025 | Menlo Park, CA 94025 | 10.3 mi | 43 | $146,931,645 | $2,288,000 | $3,417,015 |
| 94301 | Palo Alto, CA 94301 | 12.1 mi | 9 | $58,649,004 | $3,475,000 | $6,516,556 |
| 94305 | Stanford, CA 94305 | 12.4 mi | 3 | $2,364,000 | $788,000 | $788,000 |
As of February 2026, there are 34 active listings in SAN MATEO, CA (zip code 94402), compared to 37 the prior year.
The median listing price in SAN MATEO, CA 94402 is $1,515,000 as of February 2026, a 20.1% decrease from $1,896,500 the prior year.
Homes in SAN MATEO, CA 94402 spend an average of 30 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SAN MATEO, CA 94402 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 30 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in SAN MATEO, CA 94402 save an estimated $30,300 compared to a typical 5% commission on the median listing price of $1,515,000. 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.