San Mateo County, CA Housing Market
Median List Price
$1,499,000
Updated August 2026
Today, San Mateo County has 596 homes for sale at a median list price of $1,499,000, typically selling in about 77 days.
San Mateo County Market Analysis
Buyers in San Mateo County are looking at a median list price of $1.5M. Since February, the median price has moved down about 3.1% to $1.7M as of July. San Mateo County has 596 active listings on the market right now. Pricing spreads from a $577,500 median for one bedroom homes to $6.8M for six bedroom homes.
San Mateo County Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 6% over the past year, yet the typical home takes about 77 days to sell, and 30% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.50M
↑ 6% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.6 months of supply
Tight Supply596 active listings against the current sales pace works out to about 2.6 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~77 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 56% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 54% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $878K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.5M)
Price Reductions
181 listings have reduced their price
30% of active listings
Average reduction: 8.4% (~$126K)
Browse San Mateo County Listings
Frequently Asked Questions about the San Mateo County, CA Housing Market
What is the median home price in San Mateo County, CA?
The median list price in San Mateo County is $1,499,000 as of August 2026, based on 596 active listings.
Is San Mateo County a buyer's market or a seller's market?
San Mateo County currently reads as a buyer's market. Active inventory works out to about 2.6 months of supply at the recent sales pace.
How fast do homes sell in San Mateo County?
The average home currently for sale in San Mateo County has been on the market for 77 days.
Are home prices in San Mateo County going up or down?
The median sale price in San Mateo County is up about 6.1% compared with a year ago.
How many homes are for sale in San Mateo County, CA?
There are 596 homes for sale in San Mateo County right now, including 105 listed within the last week.