San Mateo Park, San Mateo Housing Market · 2026

Data through Aug 2026

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

San Mateo Park, San Mateo Market Snapshot

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

Based on 12 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
$4.89M
▲ Up 37.1% from August 2025
Up $1.32M from August 2025
Homes Sold
12
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$32,054/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$26,775
  • Property Tax$5,095
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
13 days
▼ 20 fewer days than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
103.3%
▲ Up from 97.5% in August 2025
Selling 3% above asking
% Sold Over Asking
66%
66% of homes sold above their asking price
Active Listings
3
▼ Down 19.4% from August 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 San Mateo Park.

Median Sale Price
Up 37.1% year-over-year in San Mateo Park. Based on 12 sales in the last 3 months.
Homes Sold
50% more homes sold than a year ago in San Mateo Park.
Total Monthly Payment
Estimated monthly cost is up 38% 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 7.28%. 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 $4.89M, San Mateo Park, San Mateo's median sits about 175% above the Bay Area average of $1.78M. San Mateo Park, San Mateo is on the higher end of the regional market.

Within San Mateo, this area trades about 193% above the city-wide median of $1.67M.

How competitive is San Mateo Park, San Mateo for buyers?

San Mateo Park, San Mateo currently favors sellers:

  • Homes sell about 3% above asking on average
  • 66% close above list price
  • 13 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 $4.89M with 20% down at 7.28%, your estimated total monthly cost is approximately $32,054:

  • $26,775 principal and interest
  • $5,095 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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