A data-first read on San Mateo, drawing on 1,772 home sales recorded across the MLS in the two years ending July 2026.
Source: Bay East / Paragon MLS closed sales, Jul 2024 – Jul 2026. Single-family = detached; condo/townhome = attached. Medians; verify specifics for any individual property.
2024-07–2026-07, real MLS closings. Single-family and condo/townhome shown separately.
● Single-family, Median $2,150,000 · up ~7% year-over-year · 106.2% of list · 11 days on market
● Condo / townhome, Median $920,000 · up ~2% year-over-year · 99.5% of list · 21 days on market
How long homes take to sell, month by month, lower is faster. Single-family vs. condo/townhome.
San Mateo's single-family homes carry a median of $2,150,000, making it among the more attainable in the Peninsula. Single-family homes have been fiercely competitive, closing in a median of 11 days at 106.2% of list, routinely above asking. Single-family values have been climbing, up roughly 7% from a year earlier.
Condos and townhomes are close to a separate market, with a median of $920,000, roughly 2.3× more attainable than a detached house and the easier way into San Mateo. Condos and townhomes have sold at a measured pace, a median of 21 days on market, close to asking (99.5% of list). Condo and townhome values have edged up about 2% over the past year.
Location does most of the work here: single-family homes in ZIP 94402 run about $2,685,000 while 94401 is nearer $1,450,000, a spread of roughly 85% across the same city. The ZIP, not the citywide average, sets the price you actually pay.
$2,685,000 single-family (418 sales)
$1,250,000 condo / townhome (95 sales)
$2,200,000 single-family (195 sales)
$1,230,000 condo / townhome (429 sales)
$2,050,000 single-family (450 sales)
$1,140,000 condo / townhome (216 sales)
$1,450,000 single-family (225 sales)
$707,500 condo / townhome (264 sales)
In San Mateo, single-family homes in ZIP 94402 run about $2,685,000 while 94401 is nearer $1,450,000, a real, data-backed gap across town.
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Based on 1,772 closed sales in the 24 months ending July 2026 (Bay East/Paragon MLS), San Mateo's single-family median was $2,150,000 and condos/townhomes $920,000. Prices vary by neighborhood and property type.
Over the last 24 months, San Mateo single-family homes closed at a median of 106.2% of list price and sold in about 11 days.
For single-family homes, ZIP 94402 is the priciest in San Mateo with a median around $2,685,000, while 94401 offers relative value near $1,450,000.
Figures from Bay East / Paragon MLS closed sales, 24 months ending July 2026; medians, not guarantees.