Home ValuePros
Talk to a Pro

Market Intelligence · CA / San Mateo

San Mateo, CA 94401 Housing Market

The typical home value in San Mateo, CA 94401 is $1,204,254, up 5.0% over the past year as of September 2026. The median list price sits at $770,450, and homes spend a median of 35 days on the market.

Updated September 2026Median value$1204K

The median home value in San Mateo, CA 94401 is $1.2M as of September 2026, up 5.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Get a cash offer

Sell without the wait

Sell your San Mateo home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 94401 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in San Mateo, CA.

12-month value trend

+5.0% over 12 months

Typical home value in 94401 over the last 12 months: $1.15M in Sep 2025 to $1.2M in Sep 2026 (+5.0%).

Sep 2025$1.15M

Sep 2026$1.2M

The numbers

What is the 94401 housing market like?

Typical home value

$1.2M

Up5.0%YoY

Median list price

$770K

Down8.2%MoM

Days on market

35

Up40.0%MoM

Homes for sale

34

Up13.3%MoM

Price cuts

12.5%

Down14.4%MoM

New listings

16

Down20.0%MoM

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

The outlook

94401 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94401 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 94401 rose 5.0%, per the Zillow Home Value Index.

Will home prices drop in 94401?

Zillow's forecast does not call for a drop: it expects typical home values in 94401 to rise 1.2% by September 2027, after a 5.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 94401 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 94401 home prices compare?

  • 94401$1,204,254
  • San Mateo$1,755,499
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (San Mateo: 4 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 34 homes for sale in 94401, with 16 new listings coming to market. The median days on market is 35, so homes are moving at a measured pace rather than selling overnight. Only 12.5% of listings had a price cut, which suggests most sellers are pricing close to what buyers will pay. Meanwhile, the typical home value of $1,204,254 is up 5.0% over the past year. For a seller, the data points to a market with steady demand and disciplined pricing, where a well-priced home should still find a buyer without deep discounts.

Monthly payment

Estimate your monthly payment.

20% · $240,851

Common questions

What people ask us.

How much is a home in 94401 worth?

The typical home value in 94401 is $1,204,254 as of September 2026, up 5.0% over the past year. The median list price is $770,450.

How fast are homes selling in 94401?

Homes in 94401 spend a median of 35 days on the market as of September 2026.

Are sellers in 94401 cutting their prices?

As of September 2026, 12.5% of listings in 94401 had a price cut. That is a modest share, indicating most homes are priced close to what buyers accept.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.