21 homes in near Palomares Elementary
Homes for Sale near Palomares Elementary
Castro Valley, CA
About Homes near Palomares Elementary
About Castro Valley: Palomares Elementary is located in Castro Valley. Castro Valley is a census-designated place (CDP) in Alameda County, California, United States. At the 2020 census, it was the fourth most populous unincorporated area in California. The population was 66,441 at the 2020 census.
These are homes for sale within about 2 miles of Palomares Elementary in Castro Valley (Topfind School Score: 8/10). The area around the school has 21 active listings.
Palomares Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.8 months of supply, and sale prices are up 18% over the last six months and 10% over the past year. At the same time, 38% 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
$1.20M
↑ 10% 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
1.8 months of supply
Tight Supply21 active listings against the current sales pace works out to about 1.8 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 ~40 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 65% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 48% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Palomares Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
71%
Homeowners
29%
Renters
Homeownership is 15.5 points higher than the California average (55.5%)
22,242 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $300K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$406K)
Price Reductions
8 listings have reduced their price
38% of active listings
Average reduction: 7.3% (~$87K)
Palomares Elementary Area Market Overview
Palomares Elementary serves students at the elementary level within the Castro Valley Unified district. The school carries a Topfind School Score of 8. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The Palomares Elementary area currently shows a median list price of $1.2M. Compared with Castro Valley overall, that is a 4.3% premium. There are 21 homes currently listed for sale in the Palomares Elementary area. Over the last six months, the median price has risen about 14.9%, from $1.2M in February to $1.4M in July.
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Nearby Schools
Frequently Asked Questions about Homes near Palomares Elementary
How many homes are for sale in Palomares Elementary Area, CA?
There are currently 21 homes for sale in Palomares Elementary Area, ranging from $659,000 to $3,380,000. 5 of them hit the market within the last week.
What is the median home price in Palomares Elementary Area?
The median list price in Palomares Elementary Area is $1,198,000. Price per square foot averages $593. Prices are up 10.1% compared to a year ago.
How fast do homes sell in Palomares Elementary Area?
Homes in Palomares Elementary Area currently average 40 days on the market, a steady pace.
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