Foster City Real Estate

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Foster City, California
Average Home Sizes and Asking Prices

Updated On: May 26, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
94404 2,600 sf $2,299,000 1,700 sf $1,633,000 12 1,400 sf $1,304,000 1,100 sf $868,000 12

94404 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  7   $1586k
 1 Year Ago  8   $1732k
 6 Months Ago   6   $1632k
*Averaged for 3 bedroom active listings

Asking Price in 94404 - 3 Bedroom Single Family Homes
94404 real estate listing price trend

94404 sold real estate price trend
Neighborhood & School Info Mortgage Info Foster City Map

Foster City Community and Real Estate Information in California

Foster City is a true California treasure. Located halfway between San Francisco and the Silicon Valley, Foster City offers residents a serene, safe living environment that blends beautifully with the natural landscapes. Founded in the 1960s, the community has been consciously following through on a master development plan ever since.

As a result, the residential areas are quiet, free from obtrusive strip malls and busy streets. Housing options in Foster City are comprised of affordable family homes, condominiums and townhomes. The affluent resident base enjoys a layout that maximizes water views of the lagoon system and of the San Francisco Bay. Clearly defined commercial and industrial areas are conveniently close, but donít interfere with the living spaces.

Location is a primary feature of the community, attracting residents and business alike. State Route 92 links Foster City to Interstate 880 across the bay and Interstate 280 to the west. While several biotech firms have established their headquarters in Foster City, the largest local employer is VISA. San Francisco and the Silicon Valley are both within commuting distance as well. Other regional landmarks include Berkeley, Oakland, Napa Valley and the Pacific Ocean. Public education in Foster City is provided by San Mateo-Foster City School District (SMFCSD) and San Mateo Union High School District (SMUHSD). There are four elementary/middle school campuses in Foster City and the high schools are located in nearby San Mateo.

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Real Estate Market: Prices of Homes for Sale in Foster City, CA

Foster City Real Estate and Homes for Sale are arranged in numbered neighborhood clusters instead of subdivisions. Home values in Foster City remain strong, with home prices ranging from $700,000 up to $1.4 million. Many Foster City houses offer stunning views of nearby hills, mountains, lagoon canals and the San Francisco Bay.

Water frontage is available as well. Some Foster City neighborhoods offer community recreation facilities, such as swimming pools. Floor plans generally incorporate four or more bedrooms, although there is a limited selection of three and two-bedrooms. Those seeking a cozier residence might consider a condominium or townhouse in Foster City. Condo/townhouses in Foster City are priced between $300,000 and $750,000, depending on size and location. Some of the large, waterfront units have more living space than an average home, and these properties carry a premium price tag.

Foster City Real Estate Stats and Trends for the week of April 2nd, 2018: homes priced around $1,633,444 compared to $1,785,267 the previous week, showing a decrease of less than -9%.  For Friday, May 25th, the current national mortgage rate for a 30 year fixed mortgage is 4.58%; the 15 year fixed rate is at 4.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.03%, while the 15 year jumbo rate currently is at 4.51%.

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