Aragon · Baywood · Baywood Knolls · Baywood Park (Baywood) · Beresford (Beresford Park) · Brewer · Central San Mateo (Central) · Clearview · Downtown San Mateo (Downtown) · Enchanted Hills · Foothill Terrace · Hacienda · Hayward Park · Haywood Park · Highlands (Eichler) · Hillsborough Heights (Heights) · Hillsborough Knolls · Homestead · Lakeview · Laurelwood · Parrot Drive Area (Parrot Drive) · Parrot Park · San Mateo Park · South San Mateo (South) · South Shoreview · Sunnybrae · Tobin Clark Estate (Tobin Clark) · Western Hills
Data as of September 2026. Source: Realtor.com.
The SAN MATEO, CA real estate market (94402) currently shows 41 active listings, with 13 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 41 days last year.
The median listing price has fallen 21.5% year-over-year, from $2,374,000 to $1,864,500.
Population: 26,150 · Density: 1,998.0/mi² · Median household income: $184,453
Typical home value: $2,000,000 · Homeownership: 63.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 94402 | San Mateo, CA 94402 | 0.0 mi | 34 | $72,407,726 | $1,515,000 | $2,129,639 |
| 94401 | San Mateo, CA 94401 | 2.5 mi | 45 | $48,699,360 | $797,000 | $1,082,208 |
| 94010 | Burlingame, CA 94010 | 3.3 mi | 54 | $368,512,200 | $4,073,500 | $6,824,300 |
| 94070 | San Carlos, CA 94070 | 4.6 mi | 41 | $93,004,851 | $1,826,000 | $2,268,411 |
| 94030 | Millbrae, CA 94030 | 5.6 mi | 26 | $43,568,226 | $1,280,000 | $1,675,701 |
| 94061 | Redwood City, CA 94061 | 7.6 mi | 37 | $63,034,236 | $1,642,000 | $1,703,628 |
| 94066 | San Bruno, CA 94066 | 8.0 mi | 33 | $33,489,588 | $856,500 | $1,014,836 |
| 94062 | Redwood City, CA 94062 | 8.2 mi | 42 | $199,041,612 | $3,784,500 | $4,739,086 |
| 94037 | Montara, CA 94037 | 8.9 mi | 1 | $1,494,899 | $1,494,899 | $1,494,899 |
| 94080 | South San Francisco, CA 94080 | 9.3 mi | 45 | $55,734,660 | $1,249,000 | $1,238,548 |
| 94025 | Menlo Park, CA 94025 | 10.3 mi | 64 | $232,941,952 | $2,572,500 | $3,639,718 |
| 94301 | Palo Alto, CA 94301 | 12.1 mi | 26 | $183,722,214 | $4,988,000 | $7,066,239 |
| 94305 | Stanford, CA 94305 | 12.4 mi | 2 | $1,576,000 | $788,000 | $788,000 |
As of September 2026, there are 41 active listings in SAN MATEO, CA (zip code 94402), compared to 56 the prior year.
The median listing price in SAN MATEO, CA 94402 is $1,864,500 as of September 2026, a 21.5% decrease from $2,374,000 the prior year.
Homes in SAN MATEO, CA 94402 spend an average of 28 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SAN MATEO, CA 94402 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in SAN MATEO, CA 94402 save an estimated $37,290 compared to a typical 5% commission on the median listing price of $1,864,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.