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 10 active listings.
Franklin Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet the typical home takes about 86 days to sell, and 30% 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
$397K
↓ 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
2.0 months of supply
Tight Supply10 active listings against the current sales pace works out to about 2.0 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 ~86 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 larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
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
3 listings have reduced their price
30% of active listings
Average reduction: 5.1% (~$20K)
Franklin Elementary Attendance Zone Market Overview
As an elementary school, Franklin Elementary operates within the Merced City Elementary district. It earns a Topfind School Score of 4. Homes in the Franklin Elementary attendance zone carry a median list price of $397,000. That runs roughly 8.7% lower than Merced as a whole. The median price moved from $353,000 in February to $385,000 in July, a 9.1% increase over six months. Right now 10 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 10 homes for sale in Franklin Elementary Area, ranging from $299,900 to $680,000.
What is the median home price in Franklin Elementary Area?
The median list price in Franklin Elementary Area is $397,000. Price per square foot averages $292. 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 86 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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