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Preforeclosure Homes in San Mateo, CA 94403

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San Mateo, CA Foreclosures

Current Market Conditions in in San Mateo, CA As of April 2026?
In the past month, San Mateo has experienced a slight uptick in its real estate market activity, with several new listings coming on the market. Prices have remained relatively stable, but buyers are quickly realizing the value of homes in this sought-after area, leading to reduced inventory levels. Open houses are seeing higher traffic as potential buyers capitalize on available properties before the prices rise further.
How much do homes sell for in San Mateo, CA?
The average home price is currently $2,001,214.
In San Mateo, CA, how many homes are available?
There are currently 8 active home listings available in San Mateo.
What’s the average rental cost in San Mateo, CA?
The average rental price in San Mateo is $3,889.
What is the most expensive home in San Mateo?
The most expensive home sold in San Mateo had a price of $127,736,016.
What is currently the cheapest priced home in San Mateo, CA?
The cheapest home for sale in San Mateo is priced at $60,007.

Living in San Mateo, CA

San Mateo, CA, is a lively city located on the San Francisco Peninsula, offering a perfect balance of suburban tranquility and urban excitement. With its diverse population, top-notch schools, and ample parks and recreation, it is an ideal place for families and professionals alike. The city's proximity to major tech hubs and cultural attractions in San Francisco enhances its appeal.

Buyer vs Seller Market in San Mateo, CA

San Mateo's real estate market remains competitive, with a strong demand for single-family homes and condos. The area has seen an increase in home prices over the past year, driven by the influx of tech workers and families seeking quality education and amenities.

There is a notable trend in the market with an increasing preference for move-in ready homes, as buyers are looking to minimize renovation costs and time. Detached homes continue to be in high demand, leading to multiple offers and quick sales.

Home Value Estimator For San Mateo, CA

There are currently 29,248 real estate properties in San Mateo, CA, with a median automated valuation model (AVM) price of $1,833,694.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in San Mateo, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in San Mateo, CA, is $2,001,214.00, with the most expensive house in San Mateo, CA, topping out at $127,736,016.00 and the cheapest home in San Mateo, CA, clocking in at $60,007.00. In other words, there’s something for every potential homebuyer or savvy investor in San Mateo, CA!

Rent Prices In San Mateo, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in San Mateo, CA, is on a rollercoaster ride. The average rent price in San Mateo, CA, is $3,889.00. Indeed, when looking to rent in San Mateo, CA, you can expect to pay as little as $1,720.00 or as much as $7,480.00, with the average rent median estimated to be $3,800.00. The good news is that finding an affordable and desirable property to rent in San Mateo, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

San Mateo, CA 94403 Preforeclosure Homes


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