49 homes in near Greenwood Elementary
Homes for Sale near Greenwood Elementary
Montebello, CA
About Homes near Greenwood Elementary
These are homes for sale within about 2 miles of Greenwood Elementary in Montebello (Topfind School Score: 2/10). The area around the school has 50 active listings.
Greenwood Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.2 months of supply, and sale prices are up 6% over the last six months and 6% over the past year. At the same time, 32% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$769K
↑ 6% 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
2.2 months of supply
Tight Supply50 active listings against the current sales pace works out to about 2.2 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 ~46 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. The trend is moving the other way though, with selling times down 29% 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 60% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Greenwood Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
46%
Homeowners
54%
Renters
Homeownership is 9.5 points lower than the California average (55.5%)
19,631 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $196K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 7 bedrooms (+$351K)
Price Reductions
16 listings have reduced their price
32% of active listings
Average reduction: 4.8% (~$37K)
Greenwood Elementary Area Market Overview
Greenwood Elementary is an elementary school in the Montebello Unified district. Its Topfind School Score is 2. The homes shown here are near Greenwood Elementary rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The Greenwood Elementary area currently shows a median list price of $769,450. That runs roughly 29.8% lower than Montebello as a whole. There are 50 homes currently listed for sale in the Greenwood Elementary area. Over the last six months, the median price has risen about 2.1%, from $772,000 in February to $788,500 in July.
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Frequently Asked Questions about Homes near Greenwood Elementary
How many homes are for sale in Greenwood Elementary Area, CA?
There are currently 50 homes for sale in Greenwood Elementary Area, ranging from $388,995 to $1,875,000. 7 of them hit the market within the last week.
What is the median home price in Greenwood Elementary Area?
The median list price in Greenwood Elementary Area is $769,450. Price per square foot averages $581. Prices are up 5.7% compared to a year ago.
How fast do homes sell in Greenwood Elementary Area?
Homes in Greenwood Elementary Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.