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San Carlos city, CA

ZIP 94070 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 94070

Median Home Value
$2,000,001
Median Rent
$2,708
Affordability Snapshot
$551,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$12,847/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

61.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 94070 in San Carlos city, CA, a household would need roughly $551,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $12,847. That is about 134% above the local median household income ($235,373), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.0%+6% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
97.8%+12% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
19.1%+50% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
19.4%-61% vs US avg
x
Mortgage-Free
27.4%-28% vs US avg
x
$2,000,001
Home Value
$2,708
Rent
1962
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.7%
  • 1-unit attached4.7%
  • 2-9 units10.5%
  • 10+ units17.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$2,000,001
Median rent$2,708
Owner-occupied69.0%
Vacant5.2%
Price-to-income8.5x
Est. income to buy$551,000