38 homes in zoned to Franklin Elementary
Homes Zoned to Franklin Elementary
Santa Monica, CA
About Homes Zoned to Franklin Elementary
About Santa Monica: Franklin Elementary is located in Santa Monica. Santa Monica is a city in Los Angeles County, California, United States. It is situated along Santa Monica Bay on California's South Coast. As of the 2020 census, Santa Monica had a population of 93,076. Santa Monica is a popular resort town, owing to its climate, beaches, and hospitality industry. It has a diverse economy, hosting headquarters of companies such as Hulu, Activision Blizzard, Universal Music Group, Game Show Network, Starz Entertainment, Lionsgate Studios, Illumination, Snap Inc., and The Recording Academy.
These are homes for sale inside the attendance boundary for Franklin Elementary in Santa Monica (Topfind School Score: 10/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 38 active listings.
Franklin Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 52% versus six months ago, yet the typical home takes about 64 days to sell, and 37% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$3.50M
↓ 8% 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
4.2 months of supply
Balanced Supply38 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~64 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 28% 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 45% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Franklin Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
29%
Homeowners
71%
Renters
Homeownership is 26.5 points lower than the California average (55.5%)
46,457 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.8M in value on average.
Largest increase: 3 → 4 bedrooms (+$2.3M)
Price Reductions
14 listings have reduced their price
37% of active listings
Average reduction: 6.8% (~$238K)
Franklin Elementary Attendance Zone Market Overview
As an elementary school, Franklin Elementary operates within the Santa Monica-Malibu Unified district. It earns a Topfind School Score of 10. Homes in the Franklin Elementary attendance zone carry a median list price of $3.5M. That runs roughly 133.2% higher than Santa Monica as a whole. The median price moved from $2.2M in February to $2.2M in July, a 3.4% decrease over six months. Right now 38 homes are on the market in the Franklin Elementary attendance zone. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Franklin Elementary.
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Nearby Schools
Frequently Asked Questions about Homes near Franklin Elementary
How many homes are for sale in Franklin Elementary Area, CA?
There are currently 38 homes for sale in Franklin Elementary Area, ranging from $735,000 to $19,995,000. 3 of them hit the market within the last week.
What is the median home price in Franklin Elementary Area?
The median list price in Franklin Elementary Area is $3,495,000. Price per square foot averages $1518. Prices are down 8.1% compared to a year ago.
How fast do homes sell in Franklin Elementary Area?
Homes in Franklin Elementary Area currently average 64 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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