North Central San Mateo, San Mateo Housing Market · 2026

Data through May 2026

North Central San Mateo, San Mateo Market Snapshot

North Central San Mateo is a balanced market, but competition has been picking up. Here's where things stand:

Based on 36 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$904K
Down 2.3% from May 2025
Down $21K from May 2025
Homes Sold
36
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,691/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,566
  • Property Tax$942
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
20 days
8 fewer days than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
102.8%
Up from 101.9% in May 2025
Selling at or near asking price
% Sold Over Asking
47%
47% of homes sold above asking, some competition
Active Listings
27
Down 34.1% from May 2025
About 0.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in North Central San Mateo.

Median Sale Price
Down 2.3% year-over-year in North Central San Mateo. Based on 36 sales in the most recent month.
Homes Sold
24% more homes sold than a year ago in North Central San Mateo.
Total Monthly Payment
Estimated monthly cost is down 5% from a year ago in North Central San Mateo, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about North Central San Mateo, San Mateo

Is now a good time to buy in North Central San Mateo, San Mateo?

North Central San Mateo, San Mateo is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do North Central San Mateo, San Mateo home prices compare to the Bay Area average?

At $904K, North Central San Mateo, San Mateo's median sits about 51% below the Bay Area average of $1.85M. North Central San Mateo, San Mateo is among the most accessible parts of the Bay Area.

Within San Mateo, this area trades about 50% below the city-wide median of $1.80M.

By home type:

  • Condos at $702K
  • Single-family homes at $1.75M
  • Townhomes at $1.03M
What price range should I budget for in North Central San Mateo, San Mateo?

Prices in North Central San Mateo, San Mateo depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $702K
  • Single-family homes at $1.75M
  • Townhomes at $1.03M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is North Central San Mateo, San Mateo for buyers?

North Central San Mateo, San Mateo is a balanced market where neither side dominates:

  • Homes sell about 3% above asking on average
  • 47% close above list price
  • 20 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced North Central San Mateo, San Mateo home?

At $904K with 20% down at 6.49%, your estimated total monthly cost is approximately $5,691:

  • $4,566 principal and interest
  • $942 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?