11 homes in zoned to Michelle Obama Elementary
Homes Zoned to Michelle Obama Elementary
Richmond, CA
About Homes Zoned to Michelle Obama Elementary
These are homes for sale inside the attendance boundary for Michelle Obama Elementary in Richmond (Topfind School Score: 2/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 11 active listings.
Michelle Obama Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 57% versus six months ago, yet sale prices have eased 5% over the last six months, though they remain 3% above a year ago, and 27% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$649K
↑ 3% 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
3.7 months of supply
Balanced Supply11 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~34 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 57% 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 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Michelle Obama Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5 points lower than the California average (55.5%)
40,466 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $163K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$268K)
Price Reductions
3 listings have reduced their price
27% of active listings
Average reduction: 4.5% (~$29K)
Michelle Obama Elementary Attendance Zone Market Overview
Michelle Obama Elementary is an elementary school in the West Contra Costa Unified district. Its Topfind School Score is 2. Buyers in the Michelle Obama Elementary attendance zone are looking at a median list price of $649,000. Compared with Richmond overall, that is a 14.9% premium. Since February, the median price has moved down about 24.6% to $543,000 as of July. The Michelle Obama Elementary attendance zone has 11 active listings on the market right now. This page is limited to homes zoned to Michelle Obama Elementary, based on its mapped attendance boundary.
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Nearby Schools
Frequently Asked Questions about Homes near Michelle Obama Elementary
How many homes are for sale in Michelle Obama Elementary Area, CA?
There are currently 11 homes for sale in Michelle Obama Elementary Area, ranging from $440,000 to $929,900. 1 of them hit the market within the last week.
What is the median home price in Michelle Obama Elementary Area?
The median list price in Michelle Obama Elementary Area is $649,000. Price per square foot averages $536. Prices are up 3.2% compared to a year ago.
How fast do homes sell in Michelle Obama Elementary Area?
Homes in Michelle Obama Elementary Area currently average 34 days on the market, a steady pace.
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