San Mateo Park, San Mateo Housing Market · 2026

Data through May 2026

San Mateo Park, San Mateo Market Snapshot

San Mateo Park favors sellers and competition is intensifying. Here's the picture:

Based on 11 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$5.35M
Up 34.2% from May 2025
Up $1.36M from May 2025
Homes Sold
11
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$32,781/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$27,024
  • Property Tax$5,573
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
21 days
12 more days than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
105.9%
Up from 104.1% in May 2025
Selling 6% above asking
% Sold Over Asking
55%
More than half of homes sold above their asking price
Active Listings
3
Down 25.0% from May 2025
About 0.3 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 34.2% year-over-year in San Mateo Park. Based on 11 sales in the most recent month.
Homes Sold
38% more homes sold than a year ago in San Mateo Park.
Total Monthly Payment
Estimated monthly cost is up 30% from a year ago in San Mateo Park, 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 San Mateo Park, San Mateo

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

San Mateo Park, San Mateo favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $5.35M, San Mateo Park, San Mateo's median sits about 188% above the Bay Area average of $1.85M. San Mateo Park, San Mateo is on the higher end of the regional market.

Within San Mateo, this area trades about 198% above the city-wide median of $1.80M.

By home type:

  • Single-family homes at $5.38M
  • Condos at $820K
What price range should I budget for in San Mateo Park, San Mateo?

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

  • Single-family homes at $5.38M
  • Condos at $820K

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 San Mateo Park, San Mateo for buyers?

San Mateo Park, San Mateo currently favors sellers:

  • Homes sell about 6% above asking on average
  • 55% close above list price
  • 21 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

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

At $5.35M with 20% down at 6.49%, the monthly cost breakdown:

  • $27,024 principal and interest
  • $5,573 property tax (California 1.25% effective rate)
  • Insurance is highly variable at this price point and scales with the home; plan on $1,500 to $3,000 per month rather than our default

Most buyers at this tier pay a meaningful share in cash, which reduces monthly carrying costs.

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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