94070 Housing Market
Median List Price
$1,698,000
Updated August 2026
Today, the 94070 ZIP code in San Carlos, CA has 41 homes for sale at a median list price of $1,698,000, typically selling in about 119 days.
94070 Housing Market Overview
The median list price in the 94070 ZIP code is $1.7M. That sits close to the overall San Carlos figure. Current inventory stands at 41 active listings.
Expect a median around $837,500 for one bedroom homes and $3.2M at the five bedroom end. February to July saw the median price go from $2.9M to $2.1M, down about 27.2%.
94070 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.7 months of supply, yet the typical home takes about 119 days to sell, and sale prices have eased 11% over the last six months and are 6% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.70M
↓ 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
2.7 months of supply
Tight Supply41 active listings against the current sales pace works out to about 2.7 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 ~119 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 32% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94070 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
68%
Homeowners
32%
Renters
Homeownership is 12.5 points higher than the California average (55.5%)
11,052 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $584K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.1M)
Price Reductions
9 listings have reduced their price
22% of active listings
Average reduction: 7.5% (~$128K)
Browse 94070 Listings
Frequently Asked Questions about the 94070 Housing Market
What is the median home price in the 94070 ZIP code?
The median list price in the 94070 ZIP code is $1,698,000 as of August 2026, based on 41 active listings.
Is the 94070 ZIP code a buyer's market or a seller's market?
The 94070 ZIP code currently reads as a buyer's market. Active inventory works out to about 2.7 months of supply at the recent sales pace.
How fast do homes sell in the 94070 ZIP code?
The average home currently for sale in the 94070 ZIP code has been on the market for 119 days.
Are home prices in the 94070 ZIP code going up or down?
The median sale price in the 94070 ZIP code is down about 5.8% compared with a year ago.
How many homes are for sale in the 94070 ZIP code?
There are 41 homes for sale in the 94070 ZIP code right now, including 8 listed within the last week.