The story of this market
The typical home in ZIP 94404 sells for about $1,439,275, or $835 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 94404 — Foster City
The 94404 housing market remains competitive with low inventory and high demand, resulting in a 1.2% year-over-year price increase. Homes are selling quickly, often above the asking price, reflecting the area's desirability among tech professionals. Market conditions are stable, supported by strong local employment and limited housing supply.
This ZIP is ideal for tech-sector professionals, families seeking high-quality schools, and commuters who value waterfront living and proximity to major employment hubs.
Median prices moved up 1.2% year over year.
Homes spend a median of 15 days on market with 1.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 104% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 4.3% — 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 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94404, San Mateo County, CA
The area is served by high-performing schools within the San Mateo-Foster City School District and San Mateo Union High School District.
The area is a coastal community with exposure to flood risks associated with the San Francisco Bay and seismic activity common to the region.
The area benefits from proximity to major Silicon Valley tech employers and ongoing mixed-use development along the waterfront.
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 have convenient access to Highway 101 and the San Mateo-Hayward Bridge, facilitating commutes to San Francisco and Silicon Valley employment hubs.
The area features extensive waterfront parks, walking trails along the lagoon, and proximity to major shopping centers like the Foster City Shopping Center.
The rental market is characterized by high demand and low vacancy rates, driven by the area's proximity to major tech employers.
The local economy is heavily influenced by the technology and professional services sectors, with many residents employed by major Silicon Valley firms.
The area is served by major highway corridors including US-101 and SR-92, with public transit options provided by SamTrans.
Development is focused on high-density residential and mixed-use projects to address housing demand.
The San Mateo County Assessor manages property valuations based on Proposition 13 guidelines.
Parcels are subject to various special districts including school, community college, and flood control districts.
Property insurance premiums are influenced by coastal flood risks and regional wildfire exposure.
Data retrieved from US Census Bureau ZCTA 94404 profiles.
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.
Central waterfront park featuring a lagoon and community events.
Major retail and dining hub serving the local community.
Extensive walking and cycling path along the San Francisco Bay.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.