94403 — San Mateo County, California Market Snapshot
Housing market data for zip code 94403 in San Mateo County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
93 sales in 2026 (year to date)
Median Sale Price
$2,030,000
Days to Sell
11
Homes Sold
93
Inventory
44
Sale-to-List
107.9%
New Listings
130
Price/SqFt
$1,155
Pending Sales
102
Jumbo Loan Likely Needed
The median home in 94403 at $2,030,000 exceeds the 2026 conforming loan limit of $1,249,125 by $780,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
94403 is an extremely competitive market with homes selling in just 11 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 94403 are selling 7.9% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 94403 at $2,030,000 exceeds the 2026 conforming loan limit of $1,249,125 by $780,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 94403 are set at the county level.
2026 Loan Limits — San Mateo County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,249,125 | $1,249,125 |
| 2 Units | $1,599,375 | $1,599,375 |
| 3 Units | $1,933,200 | $1,933,200 |
| 4 Units | $2,402,625 | $2,402,625 |
Affordability Snapshot — Zip 94403
To purchase the median home at $2,030,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $15,703.
Monthly Payment
$15,703
Income Required
$672,995
Principal & Interest
$12,508/mo
Down Payment (5%)
$101,500
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 94403.
Estimated Monthly Payment
$12,713
Jumbo loan required. Loan amount exceeds the $1,249,125 conforming limit for 94403.
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