85 homes in San Mateo

San Mateo is the most populous city in San Mateo County, California, United States, on the San Francisco Peninsula. It is part of the San Francisco Bay Area metropolitan region, and is located about 20 miles (32 km) south of San Francisco. San Mateo borders Burlingame to the north, Hillsborough to the west, San Francisco Bay and Foster City to the east and Belmont to the south. The population was 105,661 at the 2020 census. Some of the biggest economic drivers for the city include technology, health care and education.
San Mateo is a Peninsula city with charming downtown and diverse neighborhoods. Features excellent schools, bay access, and convenient location.
Today, San Mateo has 85 homes for sale at a median price of $1,248,000, typically selling in about 80 days. Families here choose from 9 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$1.78M
↑ 7.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Seller's MarketWith only 85 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~80 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 51% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in San Mateo
Homeownership is near the state average—a balanced mix of owners and renters.
51%
Homeowners
49%
Renters
Homeownership is 4.5% lower than the California average (55.5%)
39,760 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $978K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.5M)
Price Reductions
33 listings have reduced their price
39% of active listings
Average reduction: 8.1% (~$101K)
Have questions about San Mateo?
Connect with a local specialist
Browse homes for sale in cities near San Mateo