What is the median home value in San Mateo, CA?

Name: Home values in San Mateo, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in San Mateo, CA is $1,618,700 (±$35,518), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In San Mateo, the median home value went from $1,098,400 in 2015–2019 to $1,618,700 in 2020–2024 (+47.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $1,618,700 (±$35,518)
Owner-occupied homes: 19,910 (±717)
Most common range: $1,000,000 or more

Home values in San Mateo

Owner-occupied homes by value, 2020–2024
Value	San Mateo	San Mateo County	California	United States
Less than $50,000	0.7% (±0.4 points)	1.5%	2.5%	5.3%
$50,000 to $99,999	0.1% (±0.2 points)	0.4%	1.7%	6.1%
$100,000 to $149,999	0.6% (±0.3 points)	0.8%	1.3%	6.8%
$150,000 to $199,999	0.2% (±0.2 points)	0.6%	1.4%	9.0%
$200,000 to $299,999	0.6% (±0.5 points)	0.8%	4.3%	17.8%
$300,000 to $499,999	1.3% (±0.5 points)	1.5%	17.1%	26.9%
$500,000 to $999,999	16.4% (±1.7 points)	13.9%	42.1%	20.9%
$1,000,000 or more	80.0% (±1.7 points)	80.6%	29.6%	7.1%

The most common range is $1,000,000 or more, 80.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

San Mateo against San Mateo County, its state and the nation

Estimate (90% margin of error)
	San Mateo	San Mateo County	California	United States
Median home value	$1,618,700 (±$35,518)	$1,559,600 (±$16,159)	$734,700 (±$1,307)	$332,700
Owner-occupied homes	19,910 (±717)	154,607 (±1,889)	7,567,568 (±37,334)	84,210,142

In San Mateo, the median home value is higher than in San Mateo County ($1,559,600).

It is also higher than in California ($734,700).

It is higher than the national figure ($332,700).

In San Mateo County, San Mateo ranks 17 of 31 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 92 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in San Mateo have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$1,098,400 (±$18,991)	$1,618,700 (±$35,518)	+47.4%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near San Mateo

Nearest places with a published estimate, compared with San Mateo
Place	Distance	Median home value	Compared with this place
San Mateo	—	$1,618,700 (±$35,518)	—
Hillsborough	2.6 mi	$2,000,000 or more	—
Baywood Park	2.7 mi	$2,000,000 or more	—
Foster City	3.3 mi	$1,838,200 (±$78,375)	Higher
Belmont	3.3 mi	$2,000,000 or more	—
Highlands	3.4 mi	$2,000,000 or more	—
Burlingame	3.5 mi	$2,000,000 or more	—
San Carlos	4.8 mi	$2,000,000 or more	—
Millbrae	5.7 mi	$1,934,900 (±$91,218)	Higher

Nearby places with a measurably higher figure: Foster City, CA ($1,838,200), Millbrae, CA ($1,934,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across San Mateo County, place by place

Rank	Place	Median home value
1 (tie)	Highlands	$2,000,000 or more
1 (tie)	Ladera	$2,000,000 or more
1 (tie)	West Menlo Park	$2,000,000 or more
14	Millbrae	$1,934,900 (±$91,218)
15	Foster City	$1,838,200 (±$78,375)
16	Redwood City	$1,801,700 (±$68,925)
17	San Mateo	$1,618,700 (±$35,518)
18	Montara	$1,580,700 (±$195,558)
19	Half Moon Bay	$1,549,500 (±$110,431)
20	El Granada	$1,424,700 (±$93,239)
21	North Fair Oaks	$1,276,900 (±$97,297)
22	Broadmoor	$1,254,600 (±$96,807)
23	Pacifica	$1,249,800 (±$35,515)

Showing 13 of 31 places in San Mateo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in San Mateo

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for San Mateo beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near San Mateo, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near San Mateo, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about San Mateo

What is the average home value in San Mateo, CA?

The Census Bureau publishes the median: $1,618,700 (±$35,518) for owner-occupied homes in San Mateo (2020–2024 American Community Survey).

Have home values in San Mateo gone up?

In San Mateo, the median home value went from $1,098,400 in 2015–2019 to $1,618,700 in 2020–2024 (+47.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in San Mateo sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for San Mateo city, California (place:68252, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.