Compare with
A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −15.9% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +20.0% YoY, is the number to watch.
The median listing price is down 15.9% YoY while the median home got down 6.7% bigger, so value per square foot is down 9.8%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $1.67M purchase rents for $3,211/mo: 0.19% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 34 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 94061 itself, not its parent county.
Renters hold 46.0% of this ZIP's 12,805 occupied households, on a median household income of $146K.
| Measure | ZIP 94061 | San Mateo County | Difference |
|---|---|---|---|
| Median Household Income | $146K | $159K | -$13K |
| Below Poverty Level | 6.7% | 6.7% | 0.0% |
| Median Age | 38.00 | 40.90 | -2.90 |
| Total Population | 37,048 | 742,340 | -- |
| Avg Household Size | 2.84 | 2.76 | +0.08 |
| Owner-Occupied | 54.0% | 58.5% | -4.5% |
| Worked From Home | 24.1% | 24.3% | -0.2% |
| Mean Commute | 24.00 | 26.40 | -2.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.4% to 742,340: residents under 18 are down 2.0% and those 65 and over are up 2.6%.
County median household income is $159K, 6.7% of residents are below the poverty level, 24.3% work from home.