85 homes in near Montebello Gardens Elementary
Homes for Sale near Montebello Gardens Elementary
Pico Rivera, CA
$1,800,000
FOR SALE598 Alder Way, Montebello, CA 90640
5 beds · 5 baths · 3,114 sqft
About Homes near Montebello Gardens Elementary
About Pico Rivera: Montebello Gardens Elementary is located in Pico Rivera. Pico Rivera is a city located in southeastern Los Angeles County, California. As of the 2020 United States census, the city had a population of 62,088. Pico Rivera is bordered by Montebello to the west, Downey to the south, Santa Fe Springs to the southeast, and Whittier to the east.
These are homes for sale within about 2 miles of Montebello Gardens Elementary in Pico Rivera (Topfind School Score: 8/10). The area around the school has 86 active listings.
Montebello Gardens Elementary Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 10% over the last six months and 7% over the past year, and there is only 2.9 months of supply. At the same time, 29% 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
$873K
↑ 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
2.9 months of supply
Tight Supply86 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
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Montebello Gardens Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
70%
Homeowners
30%
Renters
Homeownership is 14.5 points higher than the California average (55.5%)
16,804 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $339K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$546K)
Price Reductions
25 listings have reduced their price
29% of active listings
Average reduction: 5.3% (~$47K)
Montebello Gardens Elementary Area Market Overview
Montebello Gardens Elementary serves students at the elementary level within the Montebello Unified district. It earns a Topfind School Score of 8. Homes in the Montebello Gardens Elementary area carry a median list price of $872,500. That runs roughly 14.7% higher than Pico Rivera as a whole. The median price moved from $840,000 in February to $850,000 in July, a 1.2% increase over six months. Right now 86 homes are on the market in the Montebello Gardens Elementary area. The homes shown here are near Montebello Gardens Elementary rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Frequently Asked Questions about Homes near Montebello Gardens Elementary
How many homes are for sale in Montebello Gardens Elementary Area, CA?
There are currently 86 homes for sale in Montebello Gardens Elementary 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 Montebello Gardens Elementary Area?
The median list price in Montebello Gardens Elementary Area is $872,500. Price per square foot averages $554. Prices are up 6.9% compared to a year ago.
How fast do homes sell in Montebello Gardens Elementary Area?
Homes in Montebello Gardens Elementary Area currently average 44 days on the market, a steady pace.
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