2 homes in zoned to Madison Elementary
Lakewood, CA

About Lakewood: Madison Elementary is located in Lakewood. Lakewood is a suburban city in Los Angeles County, California, United States. The population was 82,496 at the 2020 census. It is bordered by Long Beach on the west, northwest and south, Bellflower on the north, Cerritos on the northeast, Cypress on the east, and Hawaiian Gardens on the southeast. Major thoroughfares include Lakewood, Bellflower, and Del Amo Boulevards and Carson and South Streets. The San Gabriel River Freeway (I-605) runs through the city's eastern regions.
These are homes for sale inside the attendance boundary for Madison Elementary in Lakewood (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 2 active listings.
Topfind Market Read
The picture is mixed here. There is only 1.0 months of supply, yet 50% of sellers have trimmed their asking price, and the typical home takes about 57 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$960K
↑ 18% 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
1.0 months of supply
Tight Supply2 active listings against the current sales pace works out to about 1.0 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 ~57 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Madison Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
72%
Homeowners
28%
Renters
Homeownership is 16.5 points higher than the California average (55.5%)
26,118 households (2023)
Price Reductions
1 listings have reduced their price
50% of active listings
Average reduction: 1.5% (~$14K)
As an elementary school, Madison Elementary operates within the Long Beach Unified district. It earns a Topfind School Score of 8. Buyers in the Madison Elementary attendance zone are looking at a median list price of $960,000. Compared with Lakewood overall, that is an 8.5% premium. Since January, the median price has moved up about 20.4% to $930,000 as of July. The Madison Elementary attendance zone has 2 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 Madison Elementary.
Browse homes for sale in cities near Lakewood
There are currently 2 homes for sale in Madison Elementary Area, ranging from $885,000 to $960,000.
The median list price in Madison Elementary Area is $960,000. Price per square foot averages $719. Prices are up 18.0% compared to a year ago.
Homes in Madison Elementary Area currently average 57 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.