103 homes in near La Merced Intermediate
Homes for Sale near La Merced Intermediate
Montebello, CA
About Homes near La Merced Intermediate
These are homes for sale within about 2 miles of La Merced Intermediate in Montebello (Topfind School Score: 3/10). The area around the school has 103 active listings.
La Merced Intermediate Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 14% over the last six months and 14% over the past year, and there is only 2.9 months of supply. At the same time, 36% 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
$862K
↑ 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 ~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.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in La Merced Intermediate 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
37 listings have reduced their price
36% of active listings
Average reduction: 5.0% (~$43K)
La Merced Intermediate Area Market Overview
La Merced Intermediate serves students at the middle level within the Montebello Unified district. It earns a Topfind School Score of 3. Listings on this page are selected by distance to La Merced Intermediate, not by a confirmed attendance boundary. Confirm enrollment with the district. The median list price in the La Merced Intermediate area is $862,000. That runs roughly 21.4% lower than Montebello as a whole. Current inventory stands at 103 active listings. February to July saw the median price go from $916,000 to $875,000, down about 4.5%.
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Nearby Schools
Frequently Asked Questions about Homes near La Merced Intermediate
How many homes are for sale in La Merced Intermediate Area, CA?
There are currently 103 homes for sale in La Merced Intermediate Area, ranging from $345,000 to $2,100,000. 6 of them hit the market within the last week.
What is the median home price in La Merced Intermediate Area?
The median list price in La Merced Intermediate Area is $862,000. Price per square foot averages $562. Prices are up 13.6% compared to a year ago.
How fast do homes sell in La Merced Intermediate Area?
Homes in La Merced Intermediate Area currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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