5 beds · 3 baths · 2,169 sqft
Christie's Int'l RE SF
3 homes in zoned to Frank Otis Elementary
Alameda, CA
5 beds · 3 baths · 2,169 sqft
Christie's Int'l RE SF
5 beds · 3 baths · 2,357 sqft
BHHS Drysdale Properties
2 beds · 1 baths · 929 sqft
Preferred Properties of CA

About Alameda: Frank Otis Elementary is located in Alameda. Alameda is a city in Alameda County, California, United States, located in the East Bay region of the Bay Area. The city is built on an informal archipelago in San Francisco Bay, consisting of Alameda Island, Bay Farm Island and Coast Guard Island, along with other smaller islands. As of the 2020 census, the city's population was 78,280.
These are homes for sale inside the attendance boundary for Frank Otis Elementary in Alameda (Topfind School Score: 10/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 3 active listings.
Topfind Market Read
Sellers hold the edge right now. There is under a month of supply on the market, and sale prices are up 13% over the last six months and 12% over the past year. At the same time, 33% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.30M
↑ 12% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
0.6 months of supply
Tight Supply3 active listings against the current sales pace works out to about 0.6 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~46 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 8% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Frank Otis Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
49%
Homeowners
51%
Renters
Homeownership is 6.5 points lower than the California average (55.5%)
29,810 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.3M in value on average.
Price Reductions
1 listings have reduced their price
33% of active listings
Average reduction: 13.0% (~$169K)
Frank Otis Elementary is an elementary school in the Alameda Unified district. It earns a Topfind School Score of 10. Homes in the Frank Otis Elementary attendance zone carry a median list price of $1.3M. That is about 32.8% above the Alameda median. The median price moved from $1.3M in February to $1.2M in July, a 7.4% decrease over six months. Right now 3 homes are on the market in the Frank Otis Elementary attendance zone. This page is limited to homes zoned to Frank Otis Elementary, based on its mapped attendance boundary.
Browse homes for sale in cities near Alameda
There are currently 3 homes for sale in Frank Otis Elementary Area, ranging from $395,000 to $1,995,000.
The median list price in Frank Otis Elementary Area is $1,300,000. Price per square foot averages $632. Prices are up 12.2% compared to a year ago.
Homes in Frank Otis Elementary Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.