Market Intelligence · CA / San Mateo

San Mateo, CA 94402 Housing Market

The typical home value in San Mateo's 94402 ZIP code is $2,468,871, up 6.6% over the past year. The median list price sits at $1,514,000, and homes are spending a median of 34 days on the market. There are currently 27 homes for sale.

Updated August 2026Median value$2462K

The median home value in San Mateo, CA 94402 is $2.46M as of August 2026, up 7.9% 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.

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 94402 range

$2.27M to $2.66M

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 94402 market stats. Unsubscribe anytime.

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

12-month value trend

+7.9% over 12 months

Typical home value in 94402 over the last 12 months: $2.28M in Aug 2025 to $2.46M in Aug 2026 (+7.9%).

Aug 2025$2.28M

Aug 2026$2.46M

The numbers

What is the 94402 housing market like?

Typical home value

$2.46M

Up7.9%YoY

Median list price

$1.51M

Down12.1%MoM

Days on market

34

Down38.2%MoM

Homes for sale

27

Up8.0%MoM

Price cuts

8.2%

Up136.5%MoM

New listings

12

Flat0.0%MoM

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

Free home value report

See what your 94402 home is worth.

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

The comparison

How do 94402 home prices compare?

  • 94402$2,462,309
  • 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 94402 ZIP code has 27 homes for sale, with 12 new listings added recently. The median list price is $1,514,000, while the typical home value is $2,468,871, up 6.6% over the past year. Homes are moving in a median of 34 days, and only 8.2% of listings have taken a price cut. That points to a market where values are rising and most sellers are holding their asking prices. For a homeowner thinking about selling, the data suggests solid demand and limited pressure to discount.

Monthly payment

Estimate your monthly payment.

20% · $492,462

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.