8 homes in zoned to Charles Wright Elementary
Merced, CA

About Merced: Charles Wright Elementary is located in Merced. Merced is a city in and the county seat of Merced County, California, United States, in the San Joaquin Valley. As of the 2020 census, the city had a population of 86,333, up from 78,958 in 2010. Incorporated on April 1, 1889, Merced is a charter city that operates under a council–manager government. It is named after the Merced River, which flows nearby.
These are homes for sale inside the attendance boundary for Charles Wright Elementary in Merced (Topfind School Score: 3/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 8 active listings.
Topfind Market Read
The picture is mixed here. Sale prices are up 8% over the last six months and 14% over the past year, yet the typical home takes about 87 days to sell, and 63% 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
$295K
↑ 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
2.7 months of supply
Tight Supply8 active listings against the current sales pace works out to about 2.7 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 ~87 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 slowdown has deepened 10% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Charles Wright Elementary Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
44%
Homeowners
56%
Renters
Homeownership is 11.5 points lower than the California average (55.5%)
27,482 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $48K in value on average.
Price Reductions
5 listings have reduced their price
63% of active listings
Average reduction: 10.1% (~$30K)
Charles Wright Elementary serves students at the elementary level within the Merced City Elementary district. The school carries a Topfind School Score of 3. Buyers in the Charles Wright Elementary attendance zone are looking at a median list price of $295,000. That runs roughly 32.2% lower than Merced as a whole. Since February, the median price has moved up about 11.2% to $313,500 as of July. The Charles Wright Elementary attendance zone has 8 active listings on the market right now. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Charles Wright Elementary.
Browse homes for sale in cities near Merced
There are currently 8 homes for sale in Charles Wright Elementary Area, ranging from $195,000 to $390,000.
The median list price in Charles Wright Elementary Area is $295,000. Price per square foot averages $274. Prices are up 13.8% compared to a year ago.
Homes in Charles Wright Elementary Area currently average 87 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.