About 94402
Located right in the heart of
San Mateo County, San Mateo homes beckon to commuters and residents alike, with their extraordinary assortment of thriving business opportunities, competitive school systems, beautiful surroundings and family-based environment. Commute from any city in
Santa Clara County by using Highways 101 and 280, or work and live in
San Mateo County, as the city itself is flourishing and offers some of the top jobs in the county. Only a short drive from
San Jose and San Francisco, and most of the Silicon Valley, San Mateo, is recognized as a top business destination for many Bay Area residents and commuters alike. Don’t let this epicenter of industry deter you, San Mateo homes are in close proximity to leisurely attractions, such as an eclectic collection of shops, restaurants, malls and much more.
Find an Agent and get a look at San Mateo’s first class homes and neighborhoods today, or check out nearby
San Mateo County cities of
South San Francisco,
Atherton and
San Carlos.
REAL ESTATE MARKET STATISTICS
Location: 94402
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: $2,465,000 (-4.8% YoY)
Average Sale Price: $2,531,928
Active Listings: 10
New Listings: 16
Pending Sales: 12
Closed Sales: 14
Median Days on Market: 10 days
Average Days on Market: 48 days
Median Price/SqFt: $1,295
Average Price/SqFt: $1,313
Sale-to-List Ratio: 107%
Months of Inventory: 0.8
Total Sale Volume: $35,447,000
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $902,500
Average Sale Price: $902,500
Active Listings: 17
New Listings: 7
Pending Sales: 0
Closed Sales: 2
Median Days on Market: 4 days
Average Days on Market: 4 days
Median Price/SqFt: $800
Average Price/SqFt: $800
Sale-to-List Ratio: 103%
Months of Inventory: 8.5
Total Sale Volume: $1,805,000
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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 94402 have a median sale price of $2,465,000, up 5.8% over the past 3 months. There are 10 active listings, and 14 homes sold last month, with a median of 10 days on market. Condos and townhomes average $902,500, with 17 currently available. The price per square foot is $1,295 for single-family homes versus $800 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes