Home ValuePros

Market Intelligence · CA / San Mateo

San Mateo, CA 94404 Housing Market

The typical home value in San Mateo, CA 94404 is $1,693,833, up 0.7% over the past year. The median list price is $1,145,000, and homes spend a median of 51 days on the market.

Updated August 2026Median value$1694K

The median home value in San Mateo, CA 94404 is $1.69M as of August 2026, up 0.7% 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 94404 range

$1.56M to $1.83M

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

+0.7% over 12 months

Typical home value in 94404 over the last 12 months: $1.68M in Aug 2025 to $1.69M in Aug 2026 (+0.7%).

Aug 2025$1.68M

Aug 2026$1.69M

The numbers

What is the 94404 housing market like?

Typical home value

$1.69M

Up0.7%YoY

Median list price

$1.15M

Down8.4%MoM

Days on market

51

Up27.5%MoM

Homes for sale

32

Down27.3%MoM

Price cuts

23.5%

Up109.0%MoM

New listings

16

Down11.1%MoM

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

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The comparison

How do 94404 home prices compare?

  • 94404$1,693,833
  • 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, CA 94404 has 32 homes for sale, with 16 new listings added. The median list price of $1,145,000 sits well below the typical home value of $1,693,833, which reflects a mix of larger and renovated properties in the value estimate. Homes take a median of 51 days to sell, so buyers have time to compare options. Meanwhile, 23.5% of listings have taken a price cut, and values are up only 0.7% over the past year. For sellers, pricing accurately from the start matters more than testing the market high.

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