San Mateo County Charter city

San Mateo

The Peninsula's vibrant central hub

Median Sale
$2,375,000
April 2026 · 52 closings

San Mateo Real Estate Market Snapshot

Median Sale Price
$2,375,000
+13.8% vs prior-year median
Avg. Days on Market
15
% List Price Received
113%
Months of Inventory
0.9
Homes Sold (April 2026)
52
Median price trend
2025 · $2,087,500 April 2026 · $2,375,000
List-price received
113%
90%100%120%+

As of April 2026 · Source: SAMCAR/MLSListings

Living in San Mateo

San Mateo is the central Peninsula's largest city, a community of 105,000 spanning roughly 12 square miles between the Bay and the foothills. The city's residential character ranges sharply by neighborhood: Baywood-Aragon's 1927-developed historic streetscapes contrast with Hillsdale's mid-century ranch homes and the newer denser development around Bay Meadows and the Hillsdale Caltrain station. The city's R1-A Single-Family Residential District is the predominant zoning in the Baywood-Aragon area west of El Camino Real.

Daily life in San Mateo varies meaningfully by neighborhood. Downtown San Mateo and the B Street corridor anchor the city's commercial and dining scene, while Hillsdale Shopping Center provides regional retail. Central Park and Coyote Point Recreation Area anchor outdoor infrastructure, with Coyote Point's beach, marina, and museum serving the central Peninsula. The annual San Mateo County Fair at the Event Center draws hundreds of thousands of visitors each summer.

San Mateo is served by multiple school districts depending on neighborhood, including San Mateo-Foster City School District for most areas and several smaller K-8 districts. Baywood-Aragon falls within Baywood Elementary, Borel Middle, and Aragon High School (San Mateo Union HSD). Other neighborhoods feed into San Mateo High and Hillsdale High. The combination of housing stock variety, distinct neighborhood characters, and dual freeway access makes San Mateo a flexible choice for buyers across price tiers.

San Mateo's residential market has the broadest range of housing stock, price points, and neighborhood character of any Tier 1 Peninsula city. The city's larger footprint and four Caltrain stations support meaningful neighborhood-level variation, with Baywood-Aragon's historic streetscapes operating on different fundamentals than newer Hillsdale construction or denser Bay Meadows mixed-use development.

Schools

San Mateo is served by multiple school districts depending on neighborhood. Most areas fall within San Mateo-Foster City School District (K-8); smaller K-8 districts cover specific neighborhoods. The Baywood-Aragon area is zoned for Baywood Elementary, Borel Middle School, and Aragon High School, all in San Mateo Union High School District. Other neighborhoods feed into San Mateo High School or Hillsdale High School. The city offers more school district variation than smaller Peninsula towns; buyers should confirm specific attendance areas before making offers. Notable private options include Junipero Serra High School (boys, Catholic), Notre Dame de Namur University Lab School, and Mercy High School (girls, in adjacent Burlingame).

Lifestyle

Daily life varies meaningfully by neighborhood. Downtown San Mateo and the B Street corridor anchor the city's commercial and dining scene with restaurants, boutiques, and longstanding institutions. Hillsdale Shopping Center provides regional retail. Central Park (in central San Mateo) and Coyote Point Recreation Area (with beach, marina, and the Curiodyssey science museum) anchor outdoor infrastructure. Bay Tree Park in Baywood-Aragon offers a peaceful retreat beneath a massive iconic oak tree. The annual San Mateo County Fair at the Event Center draws hundreds of thousands of visitors each summer, and the downtown's First Friday programming reinforces year-round civic engagement. Buyers and sellers in this segment of the market typically weigh school district access, lot size, and proximity to commercial amenities when narrowing target neighborhoods.

Commute

San Mateo offers four Caltrain stations (San Mateo, Hayward Park, Hillsdale, and Bay Meadows), the densest Caltrain access on the Peninsula. Direct rail to San Francisco runs approximately 30-40 minutes, with Silicon Valley access in 25-40 minutes. US-101 runs along the eastern edge of the city; Interstate 280 sits to the west via multiple interchanges. State Route 92 runs east-west across the city, providing direct access to the San Mateo-Hayward Bridge. San Francisco International Airport is approximately 10-15 minutes north. For private aviation, San Carlos Airport sits about 8 minutes south. The city's central Peninsula location and dual freeway plus rail access put major employment centers within a 30-minute drive.

Market

The San Mateo Market Right Now

San Mateo's first quarter of 2026 closed 36 single-family transactions in March at a median sale price of $2,375,944, with homes averaging 12 days on market and selling at 111% of list price (SAMCAR via MLSListings). Compared to the 2025 annual median of $2,087,500, March 2026 reflects approximately a 13.8% lift, consistent with the Peninsula's supply-constrained pattern in early 2026. Months of inventory ran at 1.4, and homes priced and prepared for the current market continued to clear quickly. Total March 2026 sale volume reached approximately $101 million across 36 closed transactions. Buyers preparing competitive offers should arrive with full pre-approval, condensed contingency timelines, and clear underwriting on local zoning and design review considerations. Sellers with professional staging and accurate pricing have continued to capture multiple competing offers within days, matching the broader trajectory described in the California 2026 housing market forecast for Silicon Valley. Sellers preparing properties with professional staging and accurate pricing have continued to capture multiple competing offers. The combination of school district access, supply scarcity, and proximity to major employers continues to drive sustained demand. The supply-constrained pattern matches the broader Peninsula trajectory described in the California 2026 housing market forecast. Inspection windows and disclosure packages are typically more involved given the age and scale of properties in this market segment.
Baywood, Aragon, and San Mateo Park west of El Camino were determined eligible for National Register listing by the State Office of Historic Preservation in 1990. — San Mateo public records
Transactions

What Buyers and Sellers Should Know About San Mateo

San Mateo's R1-A Single-Family Residential District is the predominant residential zoning in the Baywood-Aragon area (City of San Mateo R-1 Development Standards). The city has multiple R-1 sub-districts with varying minimum lot sizes and floor-area limits depending on neighborhood. Buyers planning new construction, second-story additions, or substantial remodels should engage San Mateo Planning early; design review applies to most projects exceeding certain thresholds. Baywood-Aragon and San Mateo Park are subject to potential historic district designation; the State Office of Historic Preservation has identified these areas for documentation as historic districts (San Mateo Heritage Alliance; California Office of Historic Preservation). Properties listed on the National Register or California Register of Historical Resources may qualify for the California Mills Act program for historic property tax abatement. The city's Heritage Tree Ordinance protects designated trees, with permits required for removal of qualifying species and sizes. San Mateo County's base documentary transfer tax of $1.10 per $1,000 of consideration applies at recording; the City of San Mateo imposes an additional municipal real property transfer tax, with the current rate to be confirmed with escrow. Standard California disclosures apply (California Civil Code §1102). Buyers should arrive with full pre-approval and condensed contingency timelines to remain competitive in this market. San Mateo's potential historic district designations in Baywood, Aragon, and San Mateo Park west of El Camino Real may add Mills Act eligibility, design-review considerations, or both depending on final designation outcomes. The State Office of Historic Preservation identified these areas in 1990, and the San Mateo Heritage Alliance is actively pursuing National Register listing for Baywood. Buyers should monitor designation progress through City Planning.
Field Notes

Market Notes by Lisa M. Lum

San Mateo Neighborhoods

Distinct residential areas within San Mateo, each with its own character, lot patterns, and market dynamics.

  • Baywood

    Baywood was developed in 1927 with pre-war East Coast-inspired architecture on tree-lined streets west of El Camino Real. The State Office of Historic Preservation determined in 1990 that Baywood should be documented as a historic district, and the San Mateo Heritage Alliance is working to add it to the National Register of Historic Places. Lot sizes typically run 6,500 to 10,000 square feet.

    Explore Baywood →
  • Aragon

    Aragon is among San Mateo's oldest established neighborhoods, with consistent 1920s-1940s estate architecture and mature canopy. Lot sizes typically run 7,000 to 12,000 square feet. The neighborhood is zoned for Baywood Elementary, Borel Middle, and Aragon High School, providing strong school district access alongside historic character.

    Explore Aragon →
  • Hillsdale

    Hillsdale is a mid-century planned neighborhood in the central part of San Mateo, with consistent 1950s-1960s ranch architecture on roughly 5,500 to 7,500 square foot lots. The neighborhood feeds into Hillsdale High School and serves as an active mid-tier market segment within the city.

    Explore Hillsdale →
  • San Mateo Park

    San Mateo Park is a historic neighborhood west of El Camino Real with consistent 1910s-1930s estate-style architecture and mature canopy. The State Office of Historic Preservation identified the area for potential historic district designation in 1990. Lot sizes typically run 7,500 to 12,000 square feet.

    Explore San Mateo Park →
  • Sugarloaf

    Sugarloaf sits at higher elevation in the western foothills of San Mateo, with elevated lots offering Bay views. Lot sizes typically run 8,000 to 15,000 square feet, with a mix of mid-century estates and updated newer construction. The neighborhood commands premium pricing relative to flatland San Mateo.

    Explore Sugarloaf →
  • Hayward Park

    Hayward Park sits in the eastern part of San Mateo near the Hayward Park Caltrain station, with consistent post-war single-family construction. Lot sizes typically run 5,000 to 7,000 square feet. The neighborhood provides downtown San Mateo proximity at a more attainable price point than Baywood-Aragon.

    Explore Hayward Park →
  • Beresford Park

    Beresford Park is a mid-century neighborhood south of central San Mateo with consistent ranch architecture and a quiet residential feel. Lot sizes typically run 5,500 to 7,500 square feet. The neighborhood feeds into San Mateo High School and provides an active mid-tier market segment.

    Explore Beresford Park →
  • Shoreview

    Shoreview sits in the eastern part of San Mateo near the Bay, with mid-century single-family construction on roughly 5,000 to 7,000 square foot lots. The neighborhood provides Bay-edge living and access to Coyote Point at the most attainable price tier in the city.

    Explore Shoreview →

Frequently Asked Questions about San Mateo

What is the median home price in San Mateo?
In March 2026, the median single-family sale price in San Mateo was $2,375,944 with homes averaging 12 days on market and selling at 111% of list price. The 2025 annual median was $2,087,500 (SAMCAR via MLSListings).
What schools serve San Mateo?
San Mateo is served by multiple school districts depending on neighborhood. Most areas fall within San Mateo-Foster City School District (K-8). The Baywood-Aragon area is zoned for Baywood Elementary, Borel Middle, and Aragon High School in San Mateo Union HSD.
Is Baywood a historic district?
Baywood was identified by the State Office of Historic Preservation in 1990 for potential historic district designation. The San Mateo Heritage Alliance is working to add Baywood to the National Register of Historic Places. Properties may qualify for the California Mills Act program.
Are there sub-neighborhoods within San Mateo?
Yes. Distinct sub-neighborhoods include Baywood (1927 historic), Hillsdale, Aragon, San Mateo Park, Sugarloaf, Hayward Park, Beresford Park, and Shoreview. Each has different historic, architectural, and price characteristics.
Does San Mateo have a tree ordinance?
Yes. San Mateo has a heritage tree ordinance protecting designated trees, with permits required for removal of qualifying species and sizes. The Baywood-Aragon area features mature oak and bay tree canopy that benefits from these protections.
What is the transfer tax in San Mateo?
San Mateo County charges a base documentary transfer tax of $1.10 per $1,000 of consideration. The City of San Mateo imposes an additional municipal real property transfer tax; confirm the current rate with escrow at opening.
What is the transfer tax in San Mateo, San Mateo County?
San Mateo County charges a base transfer tax of $1.10 per $1,000 of consideration, paid by the seller at close. Some cities add a local supplemental tax. San Mateo does not impose an additional municipal transfer tax beyond the county base.
Does San Mateo require a sewer lateral inspection at sale?
Several San Mateo County jurisdictions require a private sewer lateral compliance certificate before close of escrow. The requirement varies by city — confirm with your transaction coordinator early in the listing process.
What disclosures are required when selling a home in San Mateo?
California requires Transfer Disclosure Statement, Natural Hazard Disclosure, lead-based paint (pre-1978), water-conserving plumbing fixtures, and smoke and carbon monoxide alarm certifications. San Mateo County properties may also require sewer lateral compliance and local supplemental disclosures.
What is the difference between median and average home price in San Mateo?
Median price is the middle number when all sale prices are sorted — half of homes sold above, half below. It resists distortion from a few very expensive sales. Average price is the arithmetic mean and can be skewed upward by individual high-end transactions. Median is the more reliable indicator of typical San Mateo home pricing.

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Last updated 2026-05-10 · By Lisa M. Lum, Realtor® · Coldwell Banker Realty · DRE 02005150