103 homes in near La Merced Academy
Homes for Sale near La Merced Academy
Montebello, CA
About Homes near La Merced Academy
These are homes for sale within about 2 miles of La Merced Academy in Montebello (Topfind School Score: 6/10). The area around the school has 103 active listings.
La Merced Academy Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 13% over the last six months and 14% over the past year, and there is only 2.9 months of supply. At the same time, 35% 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
$830K
↑ 14% 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
2.9 months of supply
Tight Supply103 active listings against the current sales pace works out to about 2.9 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 ~44 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in La Merced Academy 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
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $338K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$548K)
Price Reductions
36 listings have reduced their price
35% of active listings
Average reduction: 5.8% (~$48K)
La Merced Academy Area Market Overview
La Merced Academy is an elementary school in the Montebello Unified district. It earns a Topfind School Score of 6. Homes in the La Merced Academy area carry a median list price of $829,900. That runs roughly 24.3% lower than Montebello as a whole. The median price has been flat over the last six months, $878,000 in February and $880,000 in July. Right now 103 homes are on the market in the La Merced Academy area. Listings on this page are selected by distance to La Merced Academy, not by a confirmed attendance boundary. Confirm enrollment with the district.
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Frequently Asked Questions about Homes near La Merced Academy
How many homes are for sale in La Merced Academy Area, CA?
There are currently 103 homes for sale in La Merced Academy Area, ranging from $345,000 to $2,100,000. 10 of them hit the market within the last week.
What is the median home price in La Merced Academy Area?
The median list price in La Merced Academy Area is $829,900. Price per square foot averages $558. Prices are up 14.1% compared to a year ago.
How fast do homes sell in La Merced Academy Area?
Homes in La Merced Academy Area currently average 44 days on the market, a steady pace.
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