24 homes in zoned to Franklin Elementary
Homes Zoned to Franklin Elementary
Merced, CA
About Homes Zoned to Franklin Elementary
About Merced: Franklin 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 Franklin Elementary in Merced (Topfind School Score: 4/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 24 active listings.
Franklin Elementary Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 71 days to sell, and 50% of sellers have trimmed their asking price. At the same time, selling times have improved 20% versus six months ago, and sales volume is up 18% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$435K
↓ 0% 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
4.8 months of supply
Balanced Supply24 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 ~71 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 20% 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 42% 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.
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 generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $11K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$39K)
Price Reductions
12 listings have reduced their price
50% of active listings
Average reduction: 5.0% (~$22K)
Explore Nearby Cities
Browse homes for sale in cities near Merced
Nearby Schools
Frequently Asked Questions about Homes near Franklin Elementary
How many homes are for sale in Franklin Elementary Area, CA?
There are currently 24 homes for sale in Franklin Elementary Area, ranging from $299,900 to $680,000. 2 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 $434,900. Price per square foot averages $234. Prices are down 0.2% compared to a year ago.
How fast do homes sell in Franklin Elementary Area?
Homes in Franklin Elementary Area currently average 71 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.