1 / 24
Price cut: $223,000 (6/4)
VIRTUAL TOUR
$1,175,000FOR SALE
2 beds · 2 baths · 1,377 sqft
Polaris Pacific
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26 homes in 94402
Homes for Sale in 94402
San Mateo, CA
, San Mateo, CA 94402
1 / 24
Price cut: $302,000 (1/17)
VIRTUAL TOUR
$898,000FOR SALE
2 beds · 2 baths · 1,079 sqft
Polaris Pacific
1 / 31
Price cut: $170,000 (4/3)
VIRTUAL TOUR
$1,350,000FOR SALE
2 beds · 3 baths · 1,579 sqft
Polaris Pacific
1 / 49
NEW 2 DAYS AGO
OPEN FRIDAY, 12:30AM - 2:30AM
$5,495,000FOR SALE
5 beds · 6 baths · 3,420 sqft
Compass
1 / 49
OPEN SATURDAY, 9PM - 11PM
VIRTUAL TOUR
$3,199,500FOR SALE
3 beds · 2 baths · 2,152 sqft
Intero Real Estate Services
1 / 20
VIDEO TOUR
$549,000FOR SALE
0 beds · 1 baths · 591 sqft
KW Advisors
1 / 34
Price cut: $138,000 (4/2)
VIRTUAL TOUR
$1,450,000FOR SALE
2 beds · 2 baths · 1,732 sqft
Polaris Pacific
1 / 31
Price cut: $250,000 (6/5)
VIRTUAL TOUR
$2,750,000FOR SALE
2 beds · 3 baths · 2,800 sqft
Compass
1 / 26
NEW 6 DAYS AGO
VIRTUAL TOUR
$4,195,000FOR SALE
4 beds · 3 baths · 2,930 sqft
Compass
1 / 18
Price cut: $85,000 (7/23)
OPEN SUNDAY, 8PM - 10PM
$1,190,000FOR SALE
2 beds · 2 baths · 2,036 sqft
David Lyng Real Estate
1 / 53
NEW 6 DAYS AGO
VIRTUAL TOUR
$2,998,000FOR SALE
3 beds · 3 baths · 2,090 sqft
Golden Gate Sotheby's International Realty
1 / 68
3D TOUR
$2,995,000FOR SALE
5 beds · 7 baths · 2,919 sqft
Sequoia Commercial Group
1 / 20
$1,268,000FOR SALE
2 beds · 2 baths · 1,378 sqft
Compass
1 / 20
OPEN SATURDAY, 8PM - 11PM
$899,888FOR SALE
2 beds · 2 baths · 1,352 sqft
JPAR Iron Horse Real Estate
1 / 20
$1,849,000FOR SALE
3 beds · 3 baths · 1,840 sqft
CURB
1 / 20
VIDEO TOUR
$1,288,000FOR SALE
2 beds · 3 baths · 1,770 sqft
BQ Realty
About 94402 Real Estate
Today, the 94402 area has 26 homes for sale with a median listing price of $1.8M. The average price per square foot is $1034.
94402 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet the typical home takes about 107 days to sell, and 27% 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.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.67M
↑ 11% over the past yearChart shows the median closed sale price by month
$3.3M$2.8M$2.4M$2M
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply26 active listings against the current sales pace works out to about 2.0 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
2.0
0369+
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 ~107 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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 28% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 58% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 94402 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
HomeownersRenters
51%
Homeowners
49%
Renters
Homeownership is 4.5 points lower than the California average (55.5%)
A balanced ownership mix suggests diverse housing options for both buyers and renters.
39,760 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
2 Bed$1.2M
3 Bed$1.9M
4 Bed$4.8M
5 Bed$5.5M
Each additional bedroom adds about $1.4M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.9M)
Price Reductions
7
7 listings have reduced their price
27% of active listings
Average reduction: 11.2% (~$188K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near San Mateo
Frequently Asked Questions about Homes for Sale in 94402, CA
How many homes are for sale in 94402, CA?
There are currently 26 homes for sale in 94402, ranging from $549,000 to $5,695,000. 6 of them hit the market within the last week.
What is the median home price in 94402?
The median list price in 94402 is $1,849,000. Price per square foot averages $1034. Prices are up 11.3% compared to a year ago.
How fast do homes sell in 94402?
Homes in 94402 currently average 108 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Looking for a home in 94402?
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