ZIP 94404, San Mateo Housing Market

ZIP 94404, San Mateo Market Snapshot

ZIP 94404 is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 61 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.45M
Up 2.1% from March 2025
Up $30K from March 2025
Homes Sold
61
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,874/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,180
  • Property Tax$1,510
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16 days
4 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
101.9%
Down from 105.7% in March 2025
Selling at or near asking price
% Sold Over Asking
52%
More than half of homes sold above their asking price
Active Listings
33
Down 19.5% from March 2025
About 0.5 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94404, San Mateo.

Median Sale Price
Up 2.1% year-over-year in 94404, San Mateo. Based on 61 sales in the most recent month.
Homes Sold
9% fewer homes sold than a year ago in 94404, San Mateo.
Total Monthly Payment
Estimated monthly cost is roughly flat compared to a year ago in 94404, San Mateo.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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