Market Intelligence · CA / San Mateo

San Mateo, CA 94401 Housing Market

The typical home value in San Mateo's 94401 ZIP is $1,220,483, up 2.8% over the past year. The median list price sits at $839,000, with homes spending a median of 25 days on market.

Updated August 2026Median value$1204K

The median home value in San Mateo, CA 94401 is $1.2M as of August 2026, up 4.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94401 range

$1.11M to $1.3M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.0% over 12 months

Typical home value in 94401 over the last 12 months: $1.16M in Aug 2025 to $1.2M in Aug 2026 (+4.0%).

Aug 2025$1.16M

Aug 2026$1.2M

The numbers

What is the 94401 housing market like?

Typical home value

$1.2M

Up4.0%YoY

Median list price

$839K

Down4.0%MoM

Days on market

25

Down35.9%MoM

Homes for sale

30

Up7.1%MoM

Price cuts

14.6%

Down54.6%MoM

New listings

20

Up233.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 94401 home prices compare?

  • 94401$1,204,471
  • San Mateo$1,752,892
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (San Mateo: 4 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

San Mateo's 94401 shows moderate inventory with 30 homes currently for sale and 20 new listings as of early August. The median list price of $839,000 reflects the broader market, while the 25-day median time on market suggests steady movement. About 14.6% of listings have received price cuts, indicating some seller adjustment in a market where the typical home value has climbed 2.8% year over year. For sellers, this is a relatively balanced market where pricing matters but homes are still moving.

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20% · $240,894

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