The Downtown San Mateo housing market is somewhat competitive. The median sale price of a home in Downtown San Mateo was $898K last month, up 2.0% since last year. The median sale price per square foot in Downtown San Mateo is $318, down 62.6% since last year.
What is the housing market like in Downtown San Mateo today?
In March 2024, Downtown San Mateo home prices were up 2.0% compared to last year, selling for a median price of $898K. On average, homes in Downtown San Mateo sell after 84 days on the market compared to 14 days last year. There were 14 homes sold in March this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$897,500
+2.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown San Mateo, CA
$897,500
+2.0%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown San Mateo housing market?
Downtown San Mateo is somewhat competitive. Homes sell in 55 days.
0
100
43
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 1% above list price and go pending in around 55 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
South Hillsborough School
Public • K-5
223
Students
7 reviews
7/10
College Park Elementary School
Public • K-5 • Choice school
452
Students
21 reviews
6/10
Washington Elementary School
Public • K-5
382
Students
17 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.
Risk Factor
Flood Factor - Severe
41% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown San Mateo has a severe risk of flooding. 747 properties in Downtown San Mateo are likely to be
severely affected
by flooding over the next 30 years. This represents 41% 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