6 homes in zoned to Lemay Street Elementary
Lake Balboa, CA

About Lake Balboa: Lemay Street Elementary is located in Lake Balboa. Lake Balboa is a neighborhood in the San Fernando Valley region of Los Angeles, California. The area was previously part of Van Nuys.
These are homes for sale inside the attendance boundary for Lemay Street Elementary in Lake Balboa (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 6 active listings.
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 7% over the past year, yet the typical home takes about 103 days to sell, and 50% 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
$1.07M
↑ 7% 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
3.0 months of supply
Balanced Supply6 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 ~103 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 49% over the last six months.
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.
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $148K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$385K)
Price Reductions
3 listings have reduced their price
50% of active listings
Average reduction: 6.2% (~$66K)
As an elementary school, Lemay Street Elementary operates within the Los Angeles Unified district. Its Topfind School Score is 7. Homes in the Lemay Street Elementary attendance zone carry a median list price of $1.1M. That is about 6.9% above the Lake Balboa median. The median price moved from $680,000 in February to $983,000 in July, a 44.6% increase over six months. Right now 6 homes are on the market in the Lemay Street Elementary attendance zone. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Lemay Street Elementary.
Browse homes for sale in cities near Lake Balboa
There are currently 6 homes for sale in Lemay Street Elementary Area, ranging from $595,000 to $1,275,000. 3 of them hit the market within the last week.
The median list price in Lemay Street Elementary Area is $1,069,000. Price per square foot averages $548. Prices are up 6.5% compared to a year ago.
Homes in Lemay Street Elementary Area currently average 103 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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