Is La Honda, CA 94020 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

La Honda is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$703▲ +21.2% vs. last year

The La Honda housing market right now

In the three months ending August 31, 2026, 0% of homes in La Honda, CA 94020 sold above their list price, the typical home went under contract in 30 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold faster (354 days then) and the median sale price rose 34% to $1,166,995. Overall, La Honda is more competitive than a year ago, so tougher for buyers.

Within San Mateo County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, South San Francisco 94080 (71% sold over asking) and San Mateo 94403 (69% sold over asking) are even more competitive.

Nearby markets

Atherton 94027Seller’s market $2,451 /sq ftBelmont 94002Seller’s market $1,256 /sq ftBrisbane 94005Seller’s market $756 /sq ftBurlingame 94010Seller’s market $1,503 /sq ft Browse all markets →

Where La Honda is

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Questions about La Honda real estate

Is La Honda a buyer’s or seller’s market?

A buyer’s market: there were 16 months of supply in La Honda, CA 94020 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in La Honda?

The typical home went under contract in 30 days in the latest three months.

Do homes in La Honda sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in La Honda?

About 1.15% of a home’s value a year in San Mateo County, or roughly $4,600 on a $400,000 home.

What is the median home price in La Honda?

The median sale price was $1,166,995 in the three months ending August 31, 2026, about $703 per square foot.

No sponsored agents in 94020 yet. Are you an agent here? Put your name in front of local buyers.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology