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San Mateo County, CA home prices

San Mateo County, CA: the typical home is worth $1,609,425 as of 2026-05, up +1.0% over the past year and +275.6% since 2000. Listings run about $957/sq…

Data as of · by the Real Estate Price Map data team · methodology & sources

San Mateo County is flat and overvalued — severely unaffordable for what people here earn.

Momentum+1.0%Flat
Valuation+140%High bubble risk
Affordability1/10Severely unaffordable
Market36 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $46,897 → 2026: $1,609,425 (34.3×) pre-2000 estimated via FHFA index

Typical value$1,609,4252026-05
1-year+1.0%
5-year+8.6%
10-year+43.4%
Since 2000+275.6%
Population742k2024
Median income$151,0042023 · 10.7× income
Median rent$3,707/mo2026 · 2.8% gross yield
New homes/yr1,0882024
Price / sq ft$957listings
Days on market362026-06
Active listings7352026-06
Price cuts10%of listings

Market read

At $1,609,425, homes in San Mateo County sit 216% above the California median ($509,844) and 588% above the US median ($233,954). That ranks #2 of 58 California counties by price.

Prices are holding steady (+1.0% in the last year) — a balanced market.

Homes here move at a steady pace — a median 36 days on the market, with 10% of listings cutting their asking price.

At 10.7× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~140% expensive for local incomes and rents.

Renting looks cheaper — buying the typical home runs ~$7,944/mo (P&I, 20% down) vs $3,707/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Alameda County, CA ($1,084,730) · Santa Cruz County, CA ($1,157,195) · Santa Clara County, CA ($1,652,163) · Contra Costa County, CA ($789,696) · San Francisco County, CA ($1,394,147) · Marin County, CA ($1,507,394)

Frequently asked questions

What is the average home price in San Mateo County, CA?
The typical home in San Mateo County is worth $1,609,425 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in San Mateo County rising or falling?
Prices are up +1.0% over the past year and +275.6% since 2000 — a balanced market.
Is San Mateo County affordable?
At 10.7× the local median income of $151,004, San Mateo County is pricier than the typical US county.
What is the rental yield in San Mateo County?
Median rent is $3,707/mo — a gross rental yield of 2.8% on the typical home.
How fast do homes sell in San Mateo County?
Homes here take a median of 36 days to sell, with 10% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$428,486
2001$524,423
2002$545,647
2003$590,337
2004$619,362
2005$728,348
2006$821,749
2007$827,455
2008$807,507
2009$688,668
2010$661,715
2011$621,278
2012$587,496
2013$689,611
2014$820,206
2015$928,368
2016$1,090,608
2017$1,129,983
2018$1,273,670
2019$1,366,118
2020$1,353,204
2021$1,424,395
2022$1,577,825
2023$1,533,782
2024$1,525,499
2025$1,598,127
2026$1,594,773