94401, San Mateo, CA

The San Mateo zip code of 94401 has a median home value of $1,099,000 and a median home equity value of $539,000. These values are both above the California statewide median home value of $846,500 and the national median home equity value of $205,200. The San Mateo zip code is also above the California county median home value of $848,100 and the national county median home equity value of $203,700.

There are a number of factors that may contribute to these high values in the San Mateo zip code. First and foremost is its location in one of the most affluent parts of California. Additionally, there is strong demand for housing in this area due to its proximity to major metropolitan areas such as San Francisco and Silicon Valley. Finally, strong job growth over recent years has led to increased demand for homes in this area.

Despite these high values, there are still some opportunities available for buyers in the San Mateo zip code. For example, there are a number of large tracts available that could be suitable for development or subdivision. Additionally, prices have been relatively stable over recent years which may make buying a house more affordable than it was previously.