384 homes in near Community Magnet Charter Elementary
Homes for Sale near Community Magnet Charter Elementary
Los Angeles, CA
About Homes near Community Magnet Charter Elementary
About Los Angeles: Community Magnet Charter Elementary is located in Los Angeles. Los Angeles is the most populous city in the U.S. state of California, and the commercial, financial, and cultural center of Southern California. With an estimated 3.87 million residents within the city limits as of 2025, it is the second-most populous city in the United States, behind New York City, and the largest city in the Western United States. The city has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18 million residents.
These are homes for sale within about 2 miles of Community Magnet Charter Elementary in Los Angeles (Topfind School Score: 10/10). The area around the school has 384 active listings.
Community Magnet Charter Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 9.4 months of supply is more than current demand absorbs, and the typical home takes about 77 days to sell. At the same time, sales volume is up 17% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$4.00M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
9.4 months of supply
Ample Supply384 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~77 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 9% 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 46% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Community Magnet Charter Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
36%
Homeowners
64%
Renters
Homeownership is 19.5 points lower than the California average (55.5%)
1,419,663 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $2.7M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$5.2M)
Price Reductions
111 listings have reduced their price
29% of active listings
Average reduction: 11.1% (~$443K)
Community Magnet Charter Elementary Area Market Overview
Community Magnet Charter Elementary serves students at the elementary level within the Los Angeles Unified district. Its Topfind School Score is 10. Listings on this page are selected by distance to Community Magnet Charter Elementary, not by a confirmed attendance boundary. Confirm enrollment with the district. The median list price in the Community Magnet Charter Elementary area is $4M. Compared with Los Angeles overall, that is a 263.2% premium. Current inventory stands at 384 active listings. February to July saw the median price go from $2.2M to $1.5M, down about 32.1%.
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Nearby Schools
Frequently Asked Questions about Homes near Community Magnet Charter Elementary
How many homes are for sale in Community Magnet Charter Elementary Area, CA?
There are currently 384 homes for sale in Community Magnet Charter Elementary Area, ranging from $389,000 to $400,000,000. 24 of them hit the market within the last week.
What is the median home price in Community Magnet Charter Elementary Area?
The median list price in Community Magnet Charter Elementary Area is $3,995,000. Price per square foot averages $1420.
How fast do homes sell in Community Magnet Charter Elementary Area?
Homes in Community Magnet Charter Elementary Area currently average 77 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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