Northwest Heights, San Mateo Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Northwest Heights, San Mateo Market Snapshot

Northwest Heights is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 43 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$3.35M
Down 6.9% from July 2025
Down $247K from July 2025
Homes Sold
43
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$20,977/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$17,305
  • Property Tax$3,488
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
2 more days than in July 2025
Homes sell in a week or two
Sale-to-List Ratio
107.2%
Up from 102.2% in July 2025
Selling 7% above asking
% Sold Over Asking
57%
More than half of homes sold above their asking price
Active Listings
14
Down 26.7% from July 2025
About 1 month of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Northwest Heights.

Median Sale Price
Down 6.9% year-over-year in Northwest Heights. Based on 43 sales in the last 3 months.
Homes Sold
39% more homes sold than a year ago in Northwest Heights.
Total Monthly Payment
Estimated monthly cost is down 7% from a year ago in Northwest Heights, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Northwest Heights, San Mateo

Is now a good time to buy in Northwest Heights, San Mateo?

Northwest Heights, San Mateo is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Northwest Heights, San Mateo home prices compare to the Bay Area average?

At $3.35M, Northwest Heights, San Mateo's median sits about 86% above the Bay Area average of $1.80M. Northwest Heights, San Mateo is on the higher end of the regional market.

Within San Mateo, this area trades about 95% above the city-wide median of $1.71M.

By home type:

  • Single-family homes at $3.63M
  • Condos at $1.25M
What price range should I budget for in Northwest Heights, San Mateo?

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

  • Single-family homes at $3.63M
  • Condos at $1.25M

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 Northwest Heights, San Mateo for buyers?

Northwest Heights, San Mateo is one of the Bay Area's more competitive markets:

  • Homes sell about 7% above asking on average
  • 57% close above list price
  • 12 days typical time to go pending
  • 21% of listings have had a price reduction

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

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

At $3.35M with 20% down at 6.71%, your estimated total monthly cost is approximately $20,977:

  • $17,305 principal and interest
  • $3,488 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.”
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