Market Intelligence · CA / San Mateo

San Mateo, CA 94402 Housing Market

The typical home in San Mateo's 94402 ZIP code is valued at $2,479,009, up 5.5% over the past year. The median list price is $2,396,250, and homes are taking a median of 36 days on market.

Updated June 2026Median value$2479K

The median home value in San Mateo, CA 94402 is $2.48M as of June 2026, up 5.5% 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 94402 range

$2.28M to $2.68M

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

+5.5% over 12 months

Typical home value in 94402 over the last 12 months: $2.35M in Jun 2025 to $2.48M in Jun 2026 (+5.5%).

Jun 2025$2.35M

Jun 2026$2.48M

The numbers

What is the 94402 housing market like?

Typical home value

$2.48M

Up5.5%YoY

Median list price

$2.4M

Days on market

36

Up200.0%MoM

Homes for sale

32

Price cuts

5.1%

New listings

20

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 94402 home prices compare?

  • 94402$2,479,009
  • San Mateo$1,772,343
  • California$705,456
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (San Mateo: 4 ZIPs; California: 1,543 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 32 homes for sale in 94402, with 20 new listings coming onto the market. The median list price is $2,396,250, and the typical home value stands at $2,479,009, up 5.5% over the past year. Homes are sitting for a median of 36 days on market, and 5.1% of listings have had a price cut. For sellers, values have held up over the past year, so pricing in line with recent activity remains important.

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20% · $495,802

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