North Central San Mateo, San Mateo Housing Market · 2026

Data through Aug 2026

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

North Central San Mateo, San Mateo Market Snapshot

North Central San Mateo leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 33 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$762K
▲ Up 3.0% from August 2025
Up $22K from August 2025
Homes Sold
33
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,149/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,172
  • Property Tax$794
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
37 days
▼ 8 fewer days than in August 2025
Buyers have time to decide
Sale-to-List Ratio
99.6%
▲ Up from 99.5% in August 2025
Selling at or near asking price
% Sold Over Asking
22%
Only 22% sold above asking. Few bidding wars right now
Active Listings
23
▼ Down 16.4% from August 2025
About 2.1 months of supply. Moderate selection available

Market Trends

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

Median Sale Price
Up 3.0% year-over-year in North Central San Mateo. Based on 33 sales in the last 3 months.
Homes Sold
10% more homes sold than a year ago in North Central San Mateo.
Total Monthly Payment
Estimated monthly cost is up 4% 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 7.28%. 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 leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

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

At $762K, North Central San Mateo, San Mateo's median sits about 57% below the Bay Area average of $1.78M. North Central San Mateo, San Mateo is among the most accessible parts of the Bay Area.

Within San Mateo, this area trades about 54% below the city-wide median of $1.67M.

By home type:

  • Condos at $522K
  • Single-family homes at $1.58M
  • Townhomes at $1.44M
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 $522K
  • Single-family homes at $1.58M
  • Townhomes at $1.44M

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 currently leans toward buyers:

  • Homes sell about 0.4% below asking on average
  • 22% close above list price
  • 37 days typical time to go pending
  • 24% of listings have had a price reduction

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

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

At $762K with 20% down at 7.28%, your estimated total monthly cost is approximately $5,149:

  • $4,172 principal and interest
  • $794 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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