Central San Mateo, CA Housing Market

Homes for sale | City guide

The Central San Mateo housing market is very competitive. Homes in Central San Mateo receive 5 offers on average and sell in around 14 days. The median sale price of a home in Central San Mateo was $1.5M last month, up 2.0% since last year. The median sale price per square foot in Central San Mateo is $865, down 7.0% since last year.

Trends
Demand
Market Insights
Schools
Climate

Central San Mateo Housing Market Trends

What is the housing market like in Central San Mateo today?

$1.5M

Sale Price

+2.0%
since last year

$865

Sale $/Sq. Ft.

-7.0%
since last year

Over List Price

Days on Market

Down Payment

0.0%

Total Homes Sold

To compare other locations to the Central 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.

Work with the best agents in Central San Mateo

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Central San Mateo housing market?

Central San Mateo is very competitive. Homes sell in 14 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 14 days.
Hot homes
can sell for about 16% above list price and go pending in around 7 days.

Compare With Nearby Neighborhoods

Redwood Shores

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 15 days.
Hot homes
can sell for about 12% above list price and go pending in around 9 days.

San Mateo Park

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 15 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 days.

See more nearby cities and neighborhoods

Home offer insights for Central San Mateo

Explore recent offers and recently sold homes in Central San Mateo

Recent offers

Offer Not Accepted|
6 Weeks Ago
~$1M Offer
Sold for $1.25M
5 bd | 3 ba | ~1,250 sqft
Over List Price
10%
Days on Market
12
Competing Offers
7
Down Payment
<10%
Brenda Vega
Central San Mateo Redfin Agent
The client is using a DSCR loan, which means they can only submit an offer with a pre-qualification letter. Their purchase is contingent on the property appraising at its rental lease value. They will need to submit a contingent offer based on both financing and appraisal. We will continue exploring properties that have been on the market longer to increase the chances of securing the next offer.…
More
Offer Not Accepted|
9 Weeks Ago
~$2M Offer
Sold for $2.25M
3 bd | 2 ba | ~1,750 sqft
Over List Price
11%
Days on Market
12
Competing Offers
18
Down Payment
—
Ellie Kravets
Central San Mateo Redfin Agent

View houses in Central San Mateo that sold recently

Recently sold homes

BOUGHT WITH REDFIN APR 24, 2025
3D WALKTHROUGH
$4,500,000 Last Sold Price
4 beds
3.5 baths
3,202 sq ft
451 Cornell Ave, San Mateo, CA 94402
Redfin
List Price
$4,300,000
Sale to List
5% over list
Days on Market
13 days
451 Cornell Ave, San Mateo, CA 94402
SOLD APR 24, 2025
$1,073,701 Last Sold Price
2 beds
1.5 baths
1,158 sq ft
115 Hobart Ave Unit A, San Mateo, CA 94402
List Price
$989,989
Sale to List
8% over list
Days on Market
34 days
115 Hobart Ave Unit A, San Mateo, CA 94402
SOLD APR 23, 2025
$615,000 Last Sold Price
1 bed
1 bath
780 sq ft
6 Seville Way #106, San Mateo, CA 94402
List Price
$609,000
Sale to List
1% over list
Days on Market
33 days
6 Seville Way #106, San Mateo, CA 94402
SOLD APR 23, 2025
$2,225,000 Last Sold Price
4 beds
5 baths
2,560 sq ft
321 Elm St, San Mateo, CA 94401
List Price
$2,225,000
Sale to List
0% over list
Days on Market
0 days
321 Elm St, San Mateo, CA 94401
SOLD APR 22, 2025
$1,400,000 Last Sold Price
3 beds
2 baths
1,380 sq ft
1 Engle Rd, San Mateo, CA 94402
List Price
$1,295,000
Sale to List
8% over list
Days on Market
266 days
1 Engle Rd, San Mateo, CA 94402
SOLD APR 22, 2025
$1,200,000 Last Sold Price
4 beds
1 bath
1,350 sq ft
4 W Santa Inez Ave, San Mateo, CA 94402
List Price
$1,295,000
Sale to List
7% under list
Days on Market
266 days
4 W Santa Inez Ave, San Mateo, CA 94402
SOLD APR 21, 2025
$600,000 Last Sold Price
2 beds
2 baths
908 sq ft
320 Peninsula Ave #115, San Mateo, CA 94401
List Price
$599,000
Sale to List
0% over list
Days on Market
45 days
320 Peninsula Ave #115, San Mateo, CA 94401
SOLD APR 18, 2025
$1,675,000 Last Sold Price
5 beds
4 baths
3,964 sq ft
422 E 16th Ave, San Mateo, CA 94402
List Price
$1,895,000
Sale to List
12% under list
Days on Market
64 days
422 E 16th Ave, San Mateo, CA 94402
See all recently sold homes in Central San Mateo.
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Schools in Central San Mateo

Learn about schools in the Central San Mateo area

Elementary
Middle
High

GreatSchools Rating

9/10 South Hillsborough School Public • K-5	263 Students	7 reviews
9/10 North Shoreview Montessori Elementary School Public • K-8	291 Students	10 reviews
7/10 Parkside Montessori Public • PreK-8	328 Students	25 reviews
7/10 Washington Elementary School Public • K-5	376 Students	21 reviews
7/10 College Park Elementary School Public • K-5	433 Students	22 reviews

Only showing 5 of 11 elementary schools.

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 Central San Mateo housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Central San Mateo.

Flood Factor - Severe

39% of properties are at risk of severe flooding over the next 30 years

Heat Factor - Minor

96% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Central San Mateo

New Listings in Central San Mateo

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Central San Mateo, CA Housing Market

Central San Mateo Housing Market Trends

How hot is the Central San Mateo housing market?

Home offer insights for Central San Mateo

Recent offers

View houses in Central San Mateo that sold recently

Recently sold homes

Schools in Central San Mateo

GreatSchools Rating

Climate's impact on Central San Mateo housing

Flood Factor - Severe

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Minor

Heat Factor

More real estate resources for Central San Mateo

New Listings in Central San Mateo

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Listings

City Listings

Zip Code Listings

Rentals