7 homes in zoned to Burbank (Luther) Elementary
Homes Zoned to Burbank (Luther) Elementary
Artesia, CA
About Homes Zoned to Burbank (Luther) Elementary
About Artesia: Burbank (Luther) Elementary is located in Artesia. Artesia is a city in southeastern Los Angeles County, California. Artesia was incorporated on May 29, 1959, and is one of Los Angeles County's Gateway Cities. The city has a 2020 census population of 16,395. Artesia is surrounded on the west, south, and east sides by Cerritos, with Norwalk to the north. Artesia is the home of the East West Ice Palace, an ice rink which is co-owned by Michelle Kwan. It was also the childhood home of former First Lady Pat Nixon, who lived there from 1914 to 1931, though the property on which she grew up is now part of neighboring Cerritos.
These are homes for sale inside the attendance boundary for Burbank (Luther) Elementary in Artesia (Topfind School Score: 7/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 7 active listings.
Burbank (Luther) Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 24 days, yet sale prices have eased 17% over the last six months and are 25% below a year ago, and 29% 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
$1.25M
↓ 25% 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
3.5 months of supply
Balanced Supply7 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 ~24 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Burbank (Luther) Elementary Area
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
4,379 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $725K in value on average.
Price Reductions
2 listings have reduced their price
29% of active listings
Average reduction: 2.3% (~$29K)
Burbank (Luther) Elementary Attendance Zone Market Overview
Burbank (Luther) Elementary serves students at the elementary level within the ABC Unified district. Its Topfind School Score is 7. This page is limited to homes zoned to Burbank (Luther) Elementary, based on its mapped attendance boundary. The median list price in the Burbank (Luther) Elementary attendance zone is $1.2M. That is about 35.1% above the Artesia median. Current inventory stands at 7 active listings. February to July saw the median price go from $1.1M to $564,000, down about 50.0%.
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Nearby Schools
Frequently Asked Questions about Homes near Burbank (Luther) Elementary
How many homes are for sale in Burbank (Luther) Elementary Area, CA?
There are currently 7 homes for sale in Burbank (Luther) Elementary Area, ranging from $560,000 to $1,699,950. 1 of them hit the market within the last week.
What is the median home price in Burbank (Luther) Elementary Area?
The median list price in Burbank (Luther) Elementary Area is $1,249,900. Price per square foot averages $649. Prices are down 25.1% compared to a year ago.
How fast do homes sell in Burbank (Luther) Elementary Area?
Homes in Burbank (Luther) Elementary Area currently average 24 days on the market, a brisk pace where attractive homes are gone within a month.
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