About 94002
One of the most serene cities in
San Mateo County, Belmont, California is renowned for its picturesque scenery, wondrous sights of the San Francisco Bay, infinite stretches of land combined with a strong feeling of trust and intimacy with your neighbors as well as city government. Assembled in 2003 by city executives and civic congresses, Belmont’s “community vision,” a document delineating the social and financial plans for the city stands today not only as a crucial structure to base community strategy and decision, but as a reflection of a platonic faith between city and people. Belmont real estate’s rustic charm and impression are subtly complimented by the benefits of a big city, without the commotion. The Belmont Certified Farmers Market, which operates year round, and the Carlmont Village Shopping Center offer a balance of state- and country-wide restaurant and shopping selections to diversify the experience of its residents. Belmont homeowners also enjoy the comfort and luxury of local city run parks, such as Twin Pines and Water Dog Park. All these amenities are made easily accessible by means of safe community streets for drivers, bicyclers and pedestrians. Belmont’s convenience to the Bay Area’s most prominent urban cities,
San Jose and San Francisco, offer a peaceful retreat for business pros who aren’t concerned with the brief drive. You might consider the nearby cities of
San Mateo,
Foster City and
San Carlos in your Bay Area real estate search. Use our
Find an Agent feature to find your next home.
REAL ESTATE MARKET STATISTICS
Location: 94002
Geography Type: Zip
Data Period: Feb 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $2,605,500 (-0.7% YoY)
Average Sale Price: $2,510,600
Active Listings: 20
New Listings: 27
Pending Sales: 8
Closed Sales: 10
Median Days on Market: 8 days
Average Days on Market: 11 days
Median Price/SqFt: $1,343
Average Price/SqFt: $1,352
Sale-to-List Ratio: 107%
Months of Inventory: 2.7
Total Sale Volume: $25,106,000
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $1,875,000
Average Sale Price: $1,875,000
Active Listings: 8
New Listings: 6
Pending Sales: 1
Closed Sales: 1
Median Days on Market: 13 days
Average Days on Market: 13 days
Median Price/SqFt: $798
Average Price/SqFt: $797
Sale-to-List Ratio: 104%
Months of Inventory: 4.8
Total Sale Volume: $1,875,000
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MARKET INTERPRETATION
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• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• COMPETITIVE BIDDING: Homes selling at 7% over asking price on average.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
Apr 2024 – Feb 2026
Single-family homes in 94002 have a median sale price of $2,605,500, up 10.9% over the past 3 months. There are 20 active listings, and 10 homes sold last month, with a median of 8 days on market. Condos and townhomes average $1,875,000, with 8 currently available. The price per square foot is $1,343 for single-family homes versus $798 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes