9 homes in zoned to Olive Drive Elementary
Homes Zoned to Olive Drive Elementary
Bakersfield, CA
About Homes Zoned to Olive Drive Elementary
About Bakersfield: Olive Drive Elementary is located in Bakersfield. Bakersfield is a city in and the county seat of Kern County, California, United States. The city covers about 151 sq mi (390 km2) near the southern end of the San Joaquin Valley, which is located in the Central Valley region.
These are homes for sale inside the attendance boundary for Olive Drive Elementary in Bakersfield (Topfind School Score: 8/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 9 active listings.
Olive Drive Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 78 days to sell, and 56% of sellers have trimmed their asking price. At the same time, selling times have improved 41% versus six months ago, and sales volume is up 14% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$515K
↑ 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
4.5 months of supply
Balanced Supply9 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 ~78 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 41% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Olive Drive Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
60%
Homeowners
40%
Renters
Homeownership is 4.5 points higher than the California average (55.5%)
127,626 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $19K in value on average.
Price Reductions
5 listings have reduced their price
56% of active listings
Average reduction: 20.6% (~$106K)
Olive Drive Elementary Attendance Zone Market Overview
Olive Drive Elementary is an elementary school in the Norris Elementary district. Its Topfind School Score is 8. Buyers in the Olive Drive Elementary attendance zone are looking at a median list price of $515,000. Compared with Bakersfield overall, that is an 18.4% premium. Since February, the median price has moved up about 11.7% to $569,500 as of July. The Olive Drive Elementary attendance zone has 9 active listings on the market right now. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Olive Drive Elementary.
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Nearby Schools
Frequently Asked Questions about Homes near Olive Drive Elementary
How many homes are for sale in Olive Drive Elementary Area, CA?
There are currently 9 homes for sale in Olive Drive Elementary Area, ranging from $385,000 to $899,950.
What is the median home price in Olive Drive Elementary Area?
The median list price in Olive Drive Elementary Area is $515,000. Price per square foot averages $252. Prices are up 12.2% compared to a year ago.
How fast do homes sell in Olive Drive Elementary Area?
Homes in Olive Drive Elementary Area currently average 78 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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