Home Values

94402 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$1,520,900

  • 12.6% 1-year change
  • 6.7% 1-year forecast

The median home value in 94402 is $1,520,900. 94402 home values have gone up 12.6% over the past year and Zillow predicts they will rise 6.7% within the next year. The median list price per square foot in 94402 is None. The median rent price in 94402 is $2,995, which is higher than the San Mateo median of $2,934.

Foreclosures will be a factor impacting home values in the next several years. In 94402 1.4 homes are foreclosed (per 10,000). This is greater than the San Mateo value of 0.7 and also lower than the national value of 3.0

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 94402 homeowners underwater on their mortgage is 1.8%, which is lower than San Mateo at 2.9%.

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Relative ZHVI
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94402 Market Overview

Data through Mar 31, 2015
  • $1,520,900 ZHVI
  • 6.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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94402 Market Health

Data through Mar 31, 2015
  • 8.9/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 1.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.4 homes(Dec 31, 2014) 94402
0.7 homes(Feb 28, 2015) San Mateo
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
94010 $1,922,000
94070 $1,262,600
94002 $1,186,700
Name Median ZHVI
94030 $1,174,300
94065 $1,038,400
94404 $1,005,900
Name Median ZHVI
94403 $940,300
94019 $841,800
94401 $661,700

Listings & Sales

  • No data
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94402 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $4,865 94402
    $3,734 San Mateo
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,995 Rent list price
  • $2.64 Rent list price / sq ft
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