The Downtown San Mateo housing market is somewhat competitive. The median sale price of a home in Downtown San Mateo was $825K last month, up 9.8% since last year. The median sale price per square foot in Downtown San Mateo is $804, down 4.8% since last year.
What is the housing market like in Downtown San Mateo today?
In May 2025, Downtown San Mateo home prices were up 9.8% compared to last year, selling for a median price of $825K. On average, homes in Downtown San Mateo sell after 32 days on the market compared to 30 days last year. There were 19 homes sold in May this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$824,500
+9.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Downtown San Mateo, CA
$824,500
+9.8%
United States
To compare other locations to the Downtown San Mateo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Mateo add value to a home.
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Work with the best agents in Downtown San Mateo
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How hot is the Downtown San Mateo housing market?
Downtown San Mateo is somewhat competitive. Homes sell in 27 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 27 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
Learn about schools in the Downtown San Mateo area
Elementary
Middle
High
GreatSchools Rating
9/10
South Hillsborough School
Public • K-5
263
Students
7 reviews
7/10
Washington Elementary School
Public • K-5
376
Students
22 reviews
7/10
College Park Elementary School
Public • K-5
433
Students
22 reviews
2/10
San Mateo Park Elementary School
Public • K-5
306
Students
25 reviews
NR
San Mateo Adult
Public • N/A
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown San Mateo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown San Mateo.
Flood Factor - Major
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown San Mateo has a major risk of flooding. 658 properties in Downtown San Mateo are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Downtown San Mateo. Flood risk is increasing slower than the national average.
Downtown San Mateo has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown San Mateo has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Downtown San Mateo has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown San Mateo have a Minor Heat Factor®.
Downtown San Mateo is expected to see a 114% increase in the number of days over 85ºF over the next 30 years. Downtown San Mateo is expected to experience 6