Blog > San Mateo County Housing Market 2026: Prices by City and ZIP Code

San Mateo County Housing Market 2026: Prices by City and ZIP Code

by Eric & Janelle Boyenga

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How is the San Mateo County housing market doing? In the year to October 27, 2026, 3,232 houses sold in the county’s cities we cover at a median of $2.25M, +7% from the year before, and 1,054 condos and townhouses at a median of $887K (−1%). Here’s the market city by city and ZIP by ZIP.

The short answer

  • Median house price: $2.25M (+7% against the year before); $1,246 per sq ft.
  • Median condo or townhome: $887K (−1%).
  • Bidding: 67% of houses sold over asking.
  • Most expensive city: Atherton ($10.7M); least expensive: East Palo Alto ($1.1M).
  • Biggest rise: Atherton (+26%); weakest: Portola Valley (−9%).

Next steps

City by city

Cities with at least 20 house sales in the year to October 27, 2026, highest median first. Each city links to its full market page.

CityMedian house priceChangePer sq ftOver askingHouse salesMedian condo or townhome
Atherton$10.7M+26%$2,19948%75—
Hillsborough$6.41M+18%$1,59247%124—
Woodside$4.06M+5%$1,41229%76—
Portola Valley$4.03M−9%$1,42435%71—
Menlo Park$3.6M+10%$1,73359%278$1.75M
Burlingame$3.21M+7%$1,55766%194$1.1M
San Carlos$2.74M+5%$1,43964%248$1.25M
Belmont$2.38M−2%$1,28767%169$1.2M
Millbrae$2.33M+8%$1,22875%107$865K
Redwood City$2.3M+5%$1,28670%499$1.13M
San Mateo$2.22M+7%$1,30975%506$866K
Foster City$2.22M+2%$1,09274%72$1.25M
San Bruno$1.46M+1%$99977%176$448K
South San Francisco$1.3M+4%$89982%226$780K
Daly City$1.25M+1%$82678%330$615K
East Palo Alto$1.1M+4%$80841%81$690K

ZIP code by ZIP code

ZIP codes with at least 20 house sales, highest median first.

#ZIPAreaMedian house priceChangePer sq ftOver askingSales
194027Atherton$10.66M+28%$2,19247%76
294010Burlingame and Hillsborough$4.2M+11%$1,56259%318
394028Portola Valley$4.03M−9%$1,42435%71
494025Menlo Park$3.6M+9%$1,73459%276
594062Redwood City west and Woodside$3.2M+17%$1,32051%236
694402San Mateo, west and south$2.75M+6%$1,41976%200
794070San Carlos$2.74M+5%$1,43964%248
894065Redwood Shores$2.55M−1%$1,28670%33
994002Belmont$2.38M−2%$1,28767%169
1094030Millbrae$2.33M+8%$1,22875%107
1194061Redwood City, central and south$2.25M+7%$1,33875%229
1294404Foster City$2.2M+1%$1,09671%78
1394403San Mateo, south and east$2.12M+6%$1,27878%201
1494401San Mateo, north and downtown$1.51M+7%$1,13573%99
1594066San Bruno$1.46M+1%$99877%175
1694063Redwood City east$1.41M−3%$1,11571%77
1794015Daly City, Westlake$1.32M+2%$86380%201
1894080South San Francisco$1.3M+4%$89982%226
1994014Daly City and Colma$1.1M+1%$74774%129

By price

How the year’s 3,232 house sales spread across price bands.

Sale priceSalesShare
under $1M1224%
$1M to $1.5M67721%
$1.5M to $2M60019%
$2M to $3M85426%
$3M to $5M64220%
$5M and up33710%

Reading it right

  • Medians move with the mix of homes that sold, so a change of a few percent can be the mix, not the market.
  • These are the cities we cover in San Mateo County (16 cities and towns, from Daly City to Portola Valley).
  • For this week’s market, see the Housing Market Index and Market Pulse.

How we counted

Closed sales of houses, condos and townhouses between October 28, 2024 and October 27, 2026 in San Mateo County, reported to the MLS and read through the IDX feeds that power our home search, with repeat records from different feeds removed (normalized address and unit number plus sale date). “Change” compares the median of the last 12 months (to October 27, 2026) with the 12 months before. ZIP codes are the ones on the listings; a ZIP that crosses a city line is listed under the city with most of its sales. Price per square foot uses sales with 400 (300 for condos) sq ft or more. Past sales aren’t a forecast or the value of any one home.

Go deeper

The Santa Clara County housing market, the most expensive and most affordable ZIP codes, the Q3 2026 market report and the City Scorecard.

Buying or selling in San Mateo County?

A Property Nerd will pull the recent sales closest to the home you’re weighing, on the same streets, and show you what buyers paid. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.

Questions about this post? Ask a Property Nerd.

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