The story of this market
The typical home in ZIP 94403 sells for about $1,740,000, or $1,000 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,263 a month.
ZIP 94403 — San Mateo
The 94403 housing market remains highly competitive with a median sale price of $1.74M and a strong sale-to-list ratio of 112%. Low inventory levels continue to drive demand, keeping days on market low despite broader economic headwinds. The market is supported by high household incomes and proximity to major Silicon Valley employment hubs.
This ZIP is ideal for family buyers and commuters seeking a balance between suburban residential character and accessibility to major Silicon Valley employment centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 21 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 112% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 6.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94403, San Mateo County CA
The area is served by the San Mateo-Foster City School District and San Mateo Union High School District, which generally maintain strong academic reputations within the region.
The area faces standard California wildfire and seismic risk profiles, with insurance availability and premiums increasingly influenced by state-wide climate risk assessments.
The area benefits from proximity to major Silicon Valley tech employers and ongoing transit-oriented development projects in the San Mateo corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents benefit from proximity to US-101 and I-280, providing direct access to San Francisco and San Jose employment hubs, with Caltrain service available nearby.
The area features access to local parks like Los Prados Park, proximity to the San Francisco Bay Trail, and major shopping at the Hillsdale Shopping Center.
The rental market is characterized by high demand and limited vacancy, with significant multi-family inventory like Hillsdale Garden supporting a mix of long-term and transient residents.
The local economy is anchored by the broader Silicon Valley tech sector, with significant employment in professional services, healthcare, and retail trade.
The area is well-connected via the US-101 and I-280 highway corridors, with Caltrain providing regional rail access to San Francisco and the Peninsula.
Development activity is focused on infill residential projects and transit-oriented mixed-use builds near the Hillsdale Caltrain station.
Parcels are subject to standard county property tax levies, with additional assessments for local school districts and municipal utility services.
Property insurance markets in the area are experiencing upward pressure on premiums due to regional wildfire risk and broader California market volatility.
Data retrieved from data.census.gov ZCTA 94403 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional shopping and dining destination serving the San Mateo area.
A local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.