What is the median home price in San Mateo right now?
As of Q1 2026, San Mateo median home price is $1,780,000, at $962/sqft.
San Mateo · Q1 2026 · Updated 2026-04-15
San Mateo real estate market report, Q1 2026.
Updated by Roger Grubb, a 18-year Bay Area realtor (DRE #01845823, Security Pacific Real Estate) who transacts in San Mateo regularly. Numbers below reflect actual closed sales as of 2026-04-15.
San Mateo Q1 2026 in 4 numbers
Median price
$1,780,000
$/sqft
$962
Days on market
14
YoY appreciation
+3.8%
Roger's read on San Mateo
The market right now.
Larger and more varied than its Peninsula neighbors. From mid-priced Hillsdale to luxury Hayward Park to walkable downtown San Mateo.
Insider note: Aragon HS catchment is the school sweet spot. Hayward Park is the historic-architecture gem. Shoreview/Sugar Loaf has the most upside.
Who's buying here right now: Peninsula buyers across all budgets, Caltrain commuters, First-Peninsula buyers.
What this market is NOT: Monolithic. San Mateo has 8+ distinct sub-neighborhoods with different price levels and personalities.
San Mateo Q1 2026 FAQ
How long are homes sitting on the market in San Mateo?
14 days on market on average. A correctly priced, well-prepped home often goes pending in 7-14 days.
Is San Mateo appreciating?
Year-over-year East Bay metro appreciation: +3.8%. Inventory is up +22% YoY across the metro, which has stabilized days-on-market.
Is now a good time to buy in San Mateo?
San Mateo median has held steady. With inventory up and DOM at 14, buyers have slightly more leverage than in 2024. Roger advises on the specific math for your situation.
Is now a good time to sell in San Mateo?
14 DOM means well-prepped homes are still moving. The market favors prepped + priced-right listings over price-high-and-wait strategies.
What's the San Mateo price-per-sqft trend?
San Mateo is currently at $962/sqft. Aragon HS catchment is the school sweet spot. Hayward Park is the historic-architecture gem. Shoreview/Sugar Loaf has the most upside.
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