10 homes in zoned to Allan Peterson Elementary
Merced, CA

About Merced: Allan Peterson 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 Allan Peterson Elementary in Merced (Topfind School Score: 6/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 10 active listings.
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 65 days to sell, and sale prices have eased 11% over the last six months and are 18% below a year ago. At the same time, there is only 2.0 months of supply, 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
$525K
↓ 18% 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 ~65 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.
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 Allan Peterson 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 $73K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$98K)
Price Reductions
6 listings have reduced their price
60% of active listings
Average reduction: 4.1% (~$22K)
As an elementary school, Allan Peterson Elementary operates within the Merced City Elementary district. The school carries a Topfind School Score of 6. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Allan Peterson Elementary. The median list price in the Allan Peterson Elementary attendance zone is $525,000. That runs roughly 20.7% higher than Merced as a whole. Current inventory stands at 10 active listings. February to July saw the median price go from $400,000 to $410,000, up about 2.5%.
Browse homes for sale in cities near Merced
There are currently 10 homes for sale in Allan Peterson Elementary Area, ranging from $384,500 to $589,900.
The median list price in Allan Peterson Elementary Area is $525,000. Price per square foot averages $275. Prices are down 18.5% compared to a year ago.
Homes in Allan Peterson Elementary Area currently average 65 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.