132 homes in near Promise Academy
Homes for Sale near Promise Academy
Lancaster, CA
About Homes near Promise Academy
About Lancaster: Promise Academy is located in Lancaster. Lancaster is a charter city in northern Los Angeles County, in the Antelope Valley of the western Mojave Desert in Southern California, United States. As of the 2020 census, the population was 173,516, making Lancaster the 158th-most populous city in the United States and the 31st most populous in California. Lancaster is a twin city with its southern neighbor Palmdale; together, they are the principal cities within the Antelope Valley region.
These are homes for sale within about 2 miles of Promise Academy in Lancaster. The area around the school has 132 active listings.
Promise Academy Area Market Pulse
Topfind Market Read
The picture is mixed here. 64% of current listings are under 30 days old, yet 42% of sellers have trimmed their asking price, and selling times have slowed 13% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$455K
↑ 0% 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
4.7 months of supply
Balanced Supply132 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 ~37 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 13% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Promise Academy Area
Homeownership is near the state average, with a balanced mix of owners and renters.
58%
Homeowners
42%
Renters
Homeownership is 2.5 points higher than the California average (55.5%)
52,183 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $62K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$125K)
Price Reductions
55 listings have reduced their price
42% of active listings
Average reduction: 4.5% (~$20K)
Promise Academy Area Market Overview
As an elementary school, Promise Academy operates within the Lancaster Elementary district. Homes in the Promise Academy area carry a median list price of $455,000. Compared with Lancaster overall, that is a 7.1% discount. The median price moved from $427,500 in February to $435,000 in July, a 1.8% increase over six months. Right now 132 homes are on the market in the Promise Academy area. Listings on this page are selected by distance to Promise Academy, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Nearby Schools
Frequently Asked Questions about Homes near Promise Academy
How many homes are for sale in Promise Academy Area, CA?
There are currently 132 homes for sale in Promise Academy Area, ranging from $109,000 to $1,106,000. 7 of them hit the market within the last week.
What is the median home price in Promise Academy Area?
The median list price in Promise Academy Area is $455,000. Price per square foot averages $277. Prices are up 0.3% compared to a year ago.
How fast do homes sell in Promise Academy Area?
Homes in Promise Academy Area currently average 37 days on the market, a steady pace.